The Mirror Group confirmed to Newsline this afternoon that it has abandoned plans to relaunch its title The Sporting Life.The group merged the title into The Racing Post early last year (see Newsline), but maintained that it intended to relaunch the title as the first daily sports-only newspaper.It emerged today however that the group will… Continue reading Mirror Group Abandons Plans To Relaunch Sporting Life
The Mirror Group, which has been in the spotlight recently due to a number of takeover bids for the group (see Newsline) released its financial results for 1998 today. The group reported an annual turnover of £697 million (1997: £559 million), and pre tax profit increased by 9% from £92 million to £100 million. Underlying… Continue reading Mirror Group Reports Pre-Tax Profit Of £100 Million
Latest data from CAA/EDI shows cinema admissions for January 1999 fell substantially year on year, dropping by 29.7% compared to January 1998. Compared to December 1998, when cinema admission stood at 8.9 million, admissions for January 1999 rose by 15.2% to 10.2 million.Average weekly admission during January 1999 were 2.31 million.
Newscom, which used to be called Southern Newspapers (see Newsline) released its interim results this week for the twenty-six weeks ended 16 December 1998.The group reported a 17.8% increase in turnover, rising to £70.1 million. Earnings per share were 25.30p, and pre-tax profit stood at £9.3 million.Newspaper advertising revenue rose by 9.1% for the group,… Continue reading Newscom Reports Interim Results
The Independent Television Commission (ITC) has fined cable company Telewest £10,000 for continually breaching the ITC rules on the amount and scheduling of advertising, in relation to local advertisements.In November 1998, the broadcaster screened an ad for an 18-rated film on the Cartoon Network during a local advertising slot on Telewest Cable in the Bristol… Continue reading ITC Fines Telewest £10,000
Cable company NTL has extended its contracts with the ITV companies and Channel 4 to cover the remainder of the analogue era. Effectively, the deal clears the way for the eventual ending of the conventional analogue age.Under the £500 million deal, NTL will continue to transmit ITV and Channel 4 broadcasts until the government and… Continue reading NTL To Carry ITV And Channel 4 Broadcasts Until Analogue Switch-Off
http://www.thisismoney.co.uk ‘This is Money’ is the new website from Associated New Media, the new media publishing division of the Daily Mail & General Trust, owners of The Daily Mail and The Evening Standard. It bills itself as ‘your personal financial advisor’ and is targeted straight at the money-loving heart of Middle England, offering advice on… Continue reading Website Of The Week – This Is Money
Associated Newspapers is to delay the launch of its free daily paper London Metro (see Newsline). The title will now launch on 15 March, and will have an initial print run of 100,000, which the publisher hopes will rise to 350,000 by April/May.The postponement is due to distribution problems according to spokesperson at Associated Newspapers.Meanwhile,… Continue reading Associated Newspaper Delays Launch Of London Daily
Newscom, which reported its interim results today (see Newsline) dropped 26p from its share price by the close of trading yesterday, ending the day at 749p.Sky’s shares fell 8žp by the close of trading yesterday to 562˝p, amidst speculation that its reported talks with Canal Plus had broken down over management issues (see Newsline). This… Continue reading Sharewatch
This week is the last in which News At Ten will feature in the ITV schedule. ITV axes ITN’s famous news bulletin this Friday (see Newsline), and ITN is launching Now Web Radio, which is a live radio webcast made specifically for the internet.The web broadcast, which at the moment is a trial, will be… Continue reading ITN Launches Live Web Radio Broadcast
