Scottish Media Group (SMG) reported record pre-tax profits in its preliminary full year results today. Its performance during 2000 was in line with analyst expectations, with an 18% increase in profit before tax, which reached £59m. SMG chairman, Don Cruickshank, described the year to 31 December as “a period of significant development for the group.”… Continue reading SMG Reports Record Pre-Tax Profits As SRH Stake Increases
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Forrester forecast that worldwide Net commerce, both B2B and B2C, will hit $6,789.8 million in 2004 according to latest figures, this figure represents 8.6% of total revenue gained through sales. Whilst North America will continue to dominate during this period of growth, other markets such as Western Europe will start to catch up as a… Continue reading Worldwide e-commerce Forecasts From Forrester
United Business Media (UBM) has this morning turned in an 11.4% rise in headline profit to £342.4 million for 2000. The market reacted very positively to the results with shares up by 35½p at 765p by midday today. The 11.4% profit growth at UBM is taken before the cost of new media initiatives which ran… Continue reading UBM Shares Surge On Strong Profits
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.MediaTel group will hold its third annual Media Question Time at BBC Broadcasting House (see Chris Smith Defends White Paper In Media Question Time Interview). An invited audience of industry representatives will question a panel including deputy editor of the Guardian,… Continue reading The Week Ahead
MTV is to work with Two Way TV to create digitally interactive programming for its UK channels. The arrangement will see the two companies develop a range of interactive quizzes and video-based programmes for all the MTV channels, while on-demand and scheduled prize games based on the music industry and carrying the MTV brand will… Continue reading MTV and Two Way TV Plan Digitally Interactive Music Quizzes
ProgrammesThe first week of 2001 saw BBC1 beat rival ITV to the top programme spot, as EastEnders’ Tuesday edition gained 16.34m viewers. For the rest of the month it was business as usual in the soap wars, with Coronation Street closely tailed at the top by the Albert Square crew.ITV’s other popular offerings included the… Continue reading TV Viewing Round-Up – January 2001
WPP has announced the acquisition of 51% of the issued capital of Asia Pacifice promotions marketing company Maxx Marketing Limited, by its wholly owned operating company Ogilvy & Mather Asia Pacific.Maxx creates and fulfills tailor-made promotional campaigns for clients from its offices in Hong Kong, Seoul, Manila, Shanghai, Bangkok and Los Angeles. Clients include Tricon… Continue reading Ogilvy & Mather Acquires Asia’s Maxx Marketing
SMG has bought a further 1.9% stake in Scottish Radio Holdings, its fourth acquisition of SRH stock since December last year and its second in under a week (see SMG Takes Further Stake In Scottish Radio). The 615,667 ordinary shares cost SMG 1,595p each, giving the deal a total value of £9.8 million.SMG now owns… Continue reading SMG Continues To Build Scottish Radio Interest
BSkyB is planning to launch a new teenage soap on Sky One, as part of a strategy to grow its young audiences. $3.9m is to be ploughed into the soap, set in a back packers hostel in Australia and following the lives of teenaged travellers from around the world. The money will be invested by… Continue reading News In Brief
SMG has bought a further 1.9% stake in Scottish Radio Holdings, its fourth acquisition of SRH stock since December last year and its second in under a week (see SMG Takes Further Stake In Scottish Radio). The 615,667 ordinary shares cost SMG 1,595p each, giving the deal a total value of £9.8 million. SMG now… Continue reading SMG Continues To Build Scottish Radio Interest
