Johnston Press released its financial results for 1998 today, and recorded an increase in pre-tax profit of 33%, rising to £45.9 million. Headline earnings per share were 15.73p ( a rise of 20%), and the group saw advertising revenue rise by 7% throughout the year.Johnston Press bought eight titles from Eastern Counties towards the end… Continue reading Johnston Press Reports 33% Rise In Pre-Tax Profit
Johnston Press, which reported its financial results today (see Newsline), closed with its share price at 277˝p yesterday, although today, the publisher’s stock had risen by 1˝p to 279p by 11:30am.Reports in this weekend’s press claimed that ONdigital, rival to BSkyB in the digital TV market, is about to announce slow initial sales figures for… Continue reading Sharewatch
The Mirror Group has announced that it is creating a new group division – Mirror New Media and Interactive Services. The branch, headed up by David Clarke as chief executive (formerly chief executive at Virgin Net), will launch a free Internet service, ic24.co.uk (see Newsline). These developments are a result of the review which the… Continue reading Mirror Group Announces New Media Division and Free ISP
Talk Radio has sealed a deal for the exclusive rights to broadcast cricket’s Coca-Cola Cup, which takes place in Sharjah, Dubai. The tournament, a warm up to the World Cup in May, takes places between 7 and 16 April and will see England face up to Pakistan and India.Talk will broadcast coverage of the matches… Continue reading Talk Radio Catches Coca-Cola Cricket Coverage
News International (NI) today unveiled its new free internet service, which is branded through the Sun and is dubbed CurrantBun.com. It has been expected for some time that NI, publisher of the Times, was to launch its own free internet service provider (ISP) (see News International Expected To Launch Free ISP Services); a Times-branded site… Continue reading The Sun Serves Up CurrantBun
The overall feeling at the Independent Television Commission’s Annual Review press conference this morning, was that whilst ITV is making efforts to redress any short-fallings it might have, the Network’s current output is not quite the Commission’s vision of ideal.On the one hand, the ITC report notes that: “ITV showed a determination to refresh and… Continue reading ITV Is Making The Effort, But Could Improve, Says ITC
Northcliffe Electronic Publishing (NEP), the new media division of Northcliffe Newspapers, has launched This Is Lincolnshire, the latest in its series of This Is… websites.The site is hosted by Northcliffe’s Lincolnshire Echo and provides the Lincolnshire community with ‘interactive entertainment and online business opportunities’.Northcliffe has been quick to augment its regional newspaper publishing business in… Continue reading Northcliffe Launches ‘This Is Lincolnshire’
International market research company, Taylor Nelson Sofres, this morning reported its 1998 financial results, which show an increase in profit before tax and exceptional gain of 12.4% to £25.2 million.Taylor Nelson Sofres was created by the merger of Taylor Nelson AGB and the French market research group Sofres which it acquired for £119 million in… Continue reading Taylor Nelson Sofres Profits Rise
Condé Nast has appointed Dylan Jones as the new editor of its men’s lifestyle magazine, GQ. Jones joins GQ from a recent post as editor-at-large for the Sunday Times. He was previously group editor at Wagadon, publishers of Arena, The Face and Frank.Condé Nast has been searching for someone to head GQ since its last… Continue reading Condé Nast Finds New GQ Editor
Revenue Agency estimates for February 1999 put total terrestrial TV ad revenue (including GMTV) at £204.01 million. Year on year ITV, Channel 4 and Channel 5 all show increases in their ad revenue whilst GMTV shows a loss of revenue.ITV’s total revenue was up by 16.7% to an estimated £141.1 million, C4’s rose by 8.9%… Continue reading TV Round-Up – February 1999
