Following speculation this morning that Arsenal would be the next football club to come under media ownership after having been approached with an offer from Carlton (see Newsline), the club released the following statement this afternoon: “The board of Arsenal FC confirm that it has held preliminary discussions with Carlton Communications Plc concerning a range… Continue reading Arsenal and Carlton Update
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
United News and Media’s interim results released today for the six months to 30 June showed good progress and higher than expected profits. Generally, operating profit was up 2.7% to £197.6 million.Pre-tax profit showed an increase of 2.2%, rising to £177.9 million, and earnings per share were up 3.3% to £25.1 million.Chief executive Clive Hollick… Continue reading United News Financial Results Exceed Expectations
It is too early to set a date for the switch-off of analogue television according to the Independent Television Commission (ITC), which issued its response to the government’s Television: the Digital Future consultation today.The ITC says that, “if viewers’ expectations are to be met and social exclusion is to be avoided, digital television needs to… Continue reading Too Early For Analogue Switch-Off Date, Says ITC
EMAP has acquired Automotive Management from the Leading Edge Publishing Group. The title provides news and information on the UK retail motor sector, and EMAP adds it to its existing auto titles in its business division, namely Autotrade, Sewells International, Fleet News and Fleet Car.Chief executive of the business communication sector at EMAP, Derek Carter,… Continue reading EMAP Gains A New Title
It emerged last night that the board of Manchester United has decided to accept a takeover offer of £625 million from BSkyB. This represents a £50 million mark-up on Sky’s original offer (see Sky Expected To Bid £575m For Manchester United), and values the club’s shares at over 241p. Shares stood at 221p at 10:00am… Continue reading Manchester Utd Board Accepts £625m Offer From Sky
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
Cabal Communications, the new publishing company set up by ex-IPC editor Sally O’Sullivan and Andy Sutcliffe (see Newsline), has announced it is to launch a new title in autumn this year aimed at young male readers.Called front, the magazine will be aimed at all areas of the young male lifestyle, including music, sex, TV and… Continue reading Cabal Front Up With A New Title
