The Mirror Group’s interim results released today show that in the last half year Live TV’s national revenue grew by 82%, and it is the fourth most watched pay channel in cable homes. The channel is expected to make a monthly operating profit by the end of 1999.Pre-tax profit for the group was up by… Continue reading Mirror Group’s Live TV To Profit Next Year
John Mulholland, ex-editor of Sporting Life(see Newsline), has been appointed deputy editor on The Observer, which is owned by the Guardian Media Group. He left The Guardian earlier this year to work on The Sporting Life.The Observer saw a new editor earlier this year (see Newsline) in Roger Alton, who said of Mulholland: “I have… Continue reading John Mulholland Returns To Guardian Media Group
The Radio Authority (RA) has announced that the proposed reacquisition of Classic Gold 774 by GWR Group would not be expected to operate against the public interest.Gloucester and Cheltenham, the area in which Classic Gold 774 broadcasts, contains two other FM stations also owned by GWR. To prevent a reduction of the level of choice… Continue reading Radio Authority News
In the wake of yesterday’s announcement that the Manchester United board have accepted BSkyB’s takeover offer (see Newsline), there were angry fans at yesterday’s match at the Old Trafford between its team and Charlton. The decision of the club’s chief executive, Martin Edwards and the rest of the board, to sell the club has led… Continue reading Manchester United Still Scoring
Reports circulating this morning suggest that double winners Arsenal may be the next football club to fall to a media company, and come in the wake of yesterday’s announcement that the Manchester United board have accepted BSkyB’s buy-out offer of £625 million (see Newsline).Carlton is said to have been in talks with Arsenal for some… Continue reading Arsenal Could Be Next Club To Fall Into Media Hands
The latest 6 month interim results for Scottish Media Group (SMG), released today, showed healthy pre-tax profits, up 27% on revenues 15% ahead. Earnings per share also increased by 18.6%.SMG announced yesterday that it has made a £31 million (80p per share) takeover offer for video publishing group VCI (see Newsline). If the acquisition goes… Continue reading Scottish Media Gets Results
Scottish Media Group (SMG) has announced that it has made a £31 million (80p per share) takeover offer for video publishing group VCI. VCI’s publishing interests include videos for Thomas The Tank Engine and Manchester United.Shares in SMG, which owns Scottish Television, rose by 32p to 651p; VCI shares were up 29p to 78.5p.Chief executive… Continue reading SMG Makes £31m Offer For VCI Video Publisher
The ABC//electronic audit for the month of July recorded over four and a quarter million page impressions for the website www.loot.com, the site for the popular free-ads publication.This was an increase of 69% since the last audit from February to March, and the managing director of Loot, Graham Tolhurst, commented: “Loot is officially the UK… Continue reading Loot Website Receives Over 4m Page Impressions
Following this morning’s announcement that the Manchester United Board has accepted BSkyB’s £623.4 million takeover bid (see Manchester Utd Board Accepts £625m Offer From Sky), Sky and Man Utd had to defend their decision to agree on the takeover in the face of protest from fans and shareholders. Opening the press conference as he clearly… Continue reading Manchester United And Sky Claim A ‘Natural Synergy’
The Mirror Group have restored Colin Myler to his position as editor of the Sunday Mirror with immediate effect. Myler was editor of the title between October 1992 and April 1994, and has also held the positions of editor and managing director at The Mirror.Brendon Parsons has been appointed editor of special projects, and will… Continue reading Old Editor Returns To Sunday Mirror
