Pearson, which owns the Financial Times Group, has secured a 20% stake in Business.com. The deal will give FT.com information a prominent place on the US-based business news portal.The exact details of the deal have not been disclosed but it believed that Pearson paid $30m for a stake in the portal, which will showcase certain… Continue reading Pearson Invests $30m In Business.com
The giant banner market has been identified as one of the fastest growing sections of outdoor advertising. An analysis of the market by Outdoor Connection predicts that revenue from giant banners could reach £6m by the end of this year.The growth of the sector, which covers outdoor advertising which is often up to 40 metres… Continue reading Big Just Got Bigger In Outdoor, Say Analysts
As Big Brother’s media circus winds down and its former contestants prepare to sell themselves to the highest bidder, Channel 4 has revealed the audience figures which prove that while it was “only a gameshow” the programme was even better news for Michael Jackson than England beating the Windies for the first time in over… Continue reading Big Brother Finale Gives C4 Largest Ever Friday Night Audience
The Wireless Group has released its first set of interim results since flotation on the London Stock Exchange in May (see Sharewatch). The group, headed by Kelvin MacKenzie, has seen losses increase from £10.1m to £25.7m year on year, partly due to the launch and marketing expenditure for sports radio station talkSport and the purchase… Continue reading Wireless Group Reports Increased Losses In First Interim Results Since Flotation
Ulster Television has reported an increase in profits as part of its half-year results. Profits before taxation are said to have reached £20.4m by June 2000. For the same period in 1999 they were £2m, due to £4.2m spent on restructuring. Advertising and sponsorship income increased by 12% to £20m, and counted for over 97%… Continue reading Ulster Television’s Profits Up As Prospect Of Granada/Carlton Take-Over Looms
Chairman and CEO of Bates Worldwide Michael Bungey has announced his decision to step down from his position in order to concentrate on his duties as CEO of Cordiant. This morning he announced a new management structure at Bates which he will oversee until his departure in twelve months time.“The pace of growth of the… Continue reading Bungey To Step Down As CEO Of Bates Worldwide
Home shopping data, such as Taylor Nelson Sofres’ Superpanel, is to be used by researchers in a new study for the National Readership Survey (NRS). The study aims to show how different titles accumulate readership over time.The objective is to produce an audience accumulation curve for each of the titles measured by NRS. This will… Continue reading New NRS Study Will Show Accumulation Of Readership
Trinity Mirror continued to benefit from a good set of half-year results (see Trinity Mirror Restructures Management, Reports Profits Up 15%), and was one of the best media performers over the week. On Friday, shares rose 2½p to £5.42½, up 3% week on week.The best media performer last week was Ulster Television, whose share price… Continue reading Sharewatch
The Manchester Evening News retains its position as the country’s biggest-selling regional newspaper, despite a 2.5% dip in its circulation base. Most flagship regional titles reported declining circulations in the latest figures released by the Audit Bureau of Circulations (ABC) this week.The steepest fall came from the Belfast Telegraph, which now has new parents following… Continue reading Flagship Regional Titles Record Falling Circulations
The news of good half-year profits improved Trinity Mirror’s share price, even though it came alongside the announcement that group managing director, Roger Eastoe, is leaving (see Trinity Mirror Restructures Management, Reports Profits Up 15%). Shares ended up 17½p at £5.40.Another good performer yesterday was Pearson, part owner of RTL, which released half year results… Continue reading Sharewatch
