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
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Ulster Television and The Wireless Group release interim financial results.Jane O’Hara, managing director of Rajar, responds to Kelvin MacKenzie’s attack on its research methods (see MacKenzie Attacks Rajar’s ‘Widely Discredited’ Research Methods).Thursday A television viewing round-up for August will appear on… Continue reading The Week Ahead
Radio audience research body Rajar has responded to an attack on its methods made by Kelvin MacKenzie, chairman of the Wireless Group, in the Guardian newspaper two weeks ago (see MacKenzie Attacks Rajar’s ‘Widely Discredited’ Research Methods). The article accused Rajar of refusing to consider replacing the current diary system for audience measurement, which MacKenzie… Continue reading Rajar Defends Diary System Against MacKenzie’s Criticism
This week’s fuel crisis may have caused havoc for most people but for news channels and programmes it has been a godsend. ITV’s special broadcasts has allowed its news coverage to gain back some credibility, after months of criticism following the demise of News At Ten (see ITV’s Battle With The ITC Could End In… Continue reading Fuel Crisis Drives News Ratings
Chrysalis New Media has announced its intention to increase its investment in sports portal Rivals.net. Its current 25% stake in the European arm of the US-based group will be increased to 90.1% for a $2m fee.Rivals.net launched in August this year as a fan-based online sports network featuring over 300 independent websites covering a range… Continue reading Chrysalis Increases Stake In Rivals.Net
In the latest set of newspaper circulation figures, released by the Audit Bureau of Circulations (ABC) this week, weekly regional titles showed a fairly steady performance. The top two titles in terms of sales, Cornwall’s West Briton Series and the Essex Chronicle Series continue to jockey for position at the top of the table.For the… Continue reading Regional Weeklies Show Steady Performance In ABCs
