The Radio Authority has announced the award of two digital licences for the North Eastern Area. It has been confirmed that sole applicant Emap Digital Radio has been awarded the licence for Humberside (see Emap Bags Humberside Digital Licence), while the MXR consortium has won the North East region licence, with a proposal including the… Continue reading Radio Authority Dishes Out Digital Licences In North East
Daily Mail & General Trust released full year results yesterday which were lower than some analysts had hoped for (see Expansion Of Metro Eats Into Profit At DMGT). As a consequence, shares in the company lost 57p to end at £8.28.United News & Media has predicted better news for its full year balance sheet. Having… Continue reading Sharewatch
Daily Mail & General Trust has reported a 7% dip in pre-tax profits during 2000 to £191.5 million. The group said increased expansion costs were to blame for the fall from £205.0 million for the same period last year. Turnover was up 15% at £1.9 billion and operating profit rose 23% to £311.5 million. The… 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
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 reading Natmags Enters Wedding Sector With Acquisition Of AIM
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
