The underlying rate of inflation rose slightly last month to 2.2%, according to official figures. The key index, used by the Bank of England to set interest rates, which excludes mortgage payments, rose from 2.1% in January to 2.2% in February. This is still below the Government’s target rate of 2.5%, however.The headline rate of… Continue reading Inflation Rises To 2.2%
The Radio Authority has received one application for the local digital multiplex service licence for the Teeside area. EMAP is the sole applicant for the licence, which will deliver digital radio programming to an area of up to 700,000 adults.EMAP has proposed a total of eight programme services for the area including Classic Gold, a… Continue reading Radio Authority Receives Application For Teeside Digital Licence
The Chancellor rose at 3:31pm.Budget is in surplus of £17 billion this year.Capital gains tax from 6 April will be cut from 40% to 35% after one year, to 30% after two years, 20% after three years and 10% after four years.Inheritance Tax threshold will be raised to £234,000; 96% of people will be exempt.40%… Continue reading Budget Line 2000 – The Chancellor’s Speech As It Unfolds
EMAP has announced a number of senior appointments across its Performance Network. Performance was set up in January to house the group’s music interests across magazines, radio, television and the Net (see Appointments Brief).Francis Currie has been appointed as music director. Previously programming director at The Box, he will improve the group’s relationships with the… Continue reading EMAP Enhances Its Music Division
Specialist publishing group, Future Network, has today unveiled its first full-year financial results since floatation in June 1999 (see Price Set For Stake In Future), and reports adjusted pro-forma pre-tax profits up 85% to £19.2 million. Sales at the company rose by 24% year on year (pro-forma) to £199 million.As one of the largest publishing… Continue reading Future Network Reports Profits Up 85%
Global market research network, Taylor Nelson Sofres (TNS), has this morning announced strong 1999 pre-tax profit growth of 28.5% to £32.5 million. TNS, which is the fourth largest marketing information group in the world, showed turnover up 11.4% and earnings per share up 33.3% at 5.9p. The group, which currently holds the television audience research… Continue reading Taylor Nelson Sees Strong Profit Growth In 1999
The rapid growth in online advertising is to set to start chipping away at the revenues of traditional marketing tactics, with direct mail first in line. These are the findings of Online Advertising Grows Up: Exploiting A New Marketing Medium, a new book-length report by Fletcher Research.Fletcher predicts that online advertising, which is set to… Continue reading Online Advertising Will Bite Into Traditional Media
The rapid growth in online advertising is to set to start chipping away at the revenues of traditional marketing tactics, with direct mail first in line. These are the findings of Online Advertising Grows Up: Exploiting A New Marketing Medium, a new book-length report by Fletcher Research. Fletcher predicts that online advertising, which is set… Continue reading Online Advertising Will Bite Into Traditional Media
National commercial radio station, Classic FM, has signed its largest sponsorship and promotional package to date with car manufacturer Saab. The deal, which is valued at more than £750,000, gives Saab a ten month sponsorship run on Classic’s Smooth Classics At 7 programme, which currently has a weekly reach of around two million listeners.The will… Continue reading Classic FM Signs Saab Sponsorship Package
Shares in Future Network climbed 64˝p to 927p as the publisher prepares to announced its year-end results today.Cable group Telewest was one of the best performers on the FTSE on Friday with prices climbing over 8% to 423źp.Magazine group EMAP bounced back after a series of falls last week. Several brokers were optimistic about the… Continue reading Sharewatch
