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United News and Media has announced that its profits for the year are likely to be in line with expectations, thanks in part to the disposal of £3.25bn of its consumer media assets. As a result it has confirmed that the company will be renamed United Business Media from Monday 18 December, and will restructure… Continue reading United News And Media Predicts Profits In Line With Expectations, Confirms Name Change

The board of United News and Media (UNM) has decided to exercise the option in its merger agreement with Granada Media which allows it to receive cash of £1,250m instead of Granada Media shares as the balance of consideration for UNM’s ITV and related assets. In September the company announced that if it took the… Continue reading United News and Media Announces Intention To Repurchase Shares

Natmags has announced that it has taken a dominant equity share in AIM Publications, the UK’s leading publisher of wedding magazines. The publisher of Cosmo will add You & Your Wedding, Bride & Groom and the recently-launched London Wedding to its list of titles.The business will be renamed Natmag Specialist Media (AIM) and will continue… Continue reading Natmags Enters Wedding Sector With Acquisition Of AIM

Bruce Haines, chairman of Leagas Delaney, has been nominated to replace Rupert Howell as President of the Institute of Practitioners in Advertising (IPA) from April 2001. The formal election process will take place at the same time as elections of IPA officers at the AGM on 24 April 2001. Each year one third of IPA… Continue reading Appointments Brief

The board of United News and Media (UNM) has decided to exercise the option in its merger agreement with Granada Media (see Granada Takes Control Of ITV) which allows it to recieve cash of £1,250m instead of Granada Media shares as the balance of consideration for UNM’s ITV and related assets.In September the company announced… Continue reading United News and Media Announces Intention To Repurchase Shares

United News and Media has announced that its profits for the year are likely to be in line with expectations, thanks in part to the disposal of £3.25bn of its consumer media assets. As a result it has confirmed that the company will be renamed United Business Media from Monday 18 December, and will restructure… Continue reading United News And Media Predicts Profits In Line With Expectations, Confirms Name Change

Digital television viewing figures from BARB told a very similar story for November as for October (see Digital Round-Up October 2000: ITV Makes Headway Across The Board), with non-terrestrial channels continuing to attract large shares of audiences in digital homes, while the terrestrial channels fight over the remainder.Non-terrestrial channels continue to command just under 50%… Continue reading Digital Round-Up: Non-Terrestrials Hold Onto 50% Share In Digital Homes

IPC is to close the doors on its 73 year old NME and on nme.com.The news comes just a week after Emap announced the closure of Select magazine, as changing music tastes take their toll on the indie magazine market (see Melody Maker‘s circulation has dipped to a point where we could also not sustain… Continue reading IPC To Close Melody Maker

Daily Mail & General Trust has reported a 7% dip in pre-tax profits during 2000. The group said increased expansion costs were to blame for the drop, as profits fell to £191m for the 12 month period to 1 October, compared to £205m for the same period last year.Investment costs reached £69m across the period,… Continue reading Expansion Of Metro Eats Into Profit At DMGT

As the industry continued to react to the Communications White Paper (see Industry Gives Cautious Welcome To White Paper) the reaction on the stock market was mixed.Capital Radio was downgraded by some analysts, in the face of uncertain legislation about radio ownership restrictions. As a result, shares fell £1.20 in value, ending at £12.00.More favour… Continue reading Sharewatch