Regional newspaper publisher Johnston Press today announced a 43% increase in annual pre-tax profits to £34.6 million on the back of turnover up from £165m to £212m. These figures include the first full contributions from the EMAP regional titles which Johnston acquired in 1996 (subscribers see EMAP Sells Titles For £205m).Advertising revenues grew strongly, increasing… Continue reading Acquisition Boosts Johnston Figures
http://www.maxim-magazine.co.ukDennis Publishing’s men’s title, Maxim, is the latest magazine to hit the world wide web. True to form the site contains little original written material (can’t undermine sales on the newsstand) and is far from being a publication in its own right. It’s the kind of website that you might go to once, to play… Continue reading Website Of The Week – Maxim
The Local Radio Company (TLRC) has announced the transfer of its 103.4 The Beach station to Tindle Newspapers.Tindle Newspapers was a founder of Radio Investments Ltd. (RIL) which already controls TLRC. TLRC’s chief executive Chris Carnegy said: “We were delighted that Sir Ray [Tindle] expressed interest in The Beach. TLRC is proud of the station’s… Continue reading Tindle Newspapers Takes Control Of The Beach
The national newspaper market saw a fall in readership of 2.7% year on year to 72.674 million for September-February, with only five titles showing rises.The Daily Star performed the worst, with a drop of 13.9% while there was something of a role reversal at the Express and Daily Mail. The former saw an increase of… Continue reading National Newspaper NRS – February
Chime Communications today revealed a rise in annual pre-tax profits from £3.723 million to £3.834 million while turnover increased from £33.72m to £42.367.Sir Tim Bell, chairman of Chime, made reference to the acquisition of HHCL at the end of last year (subscribers see Chime/WPP Join Forces To Buy HHCL) when he commented on the company’s… Continue reading Profits Reach £3.8m At Chime
The national newspaper market saw a fall in readership of 2.7% year on year to 72.674 million for September-February, with only five titles showing rises.The Daily Star performed the worst, with a drop of 13.9% to 1.896 million while the Independent was not far behind with a fall of 10.1% to 704,000. The People and… Continue reading National Newspaper NRS – February
GWR has announced that profits at its national commercial station Classic FM have not been as strong as expected in the second half of the year.The Group said that the reason for this was the “substantial changes” which were made to the Classic sales team when it was transformed into the new sales house Opus… Continue reading Classic FM Suffers From Sales Upheaval
The European Commission is concerned that the launch and operation of Rupert Murdoch’s British Interactive Broadcasting may be harmful to fair competition in the digital marketplace.Within the next few weeks the EC is expected to request that BIB allays concerns that the broadcaster might restrict access to its networks and subsidise decoding equipment which only… Continue reading EC Seeks Assurance Of BIB’s Market Position
The agreement on Clear Channel Communications’ takeover bid for More Group has been withdrawn by More following a higher bid by its French rivals Decaux (subscribers see French Counter-Bid For More Group).At the beginning of the month billboards company More agreed to the £446 million takeover bid from Clear Channel (subscribers see Surprise Takeover Of… Continue reading More Group Withdraws Clear Channel Agreement
The dispute over Stephen Grabiner’s move from United News & Media (UNM) to become chief executive of British Digital Broadcasting is scheduled to be heard in court this Friday.UNM claims that Grabiner left the company before his contract was seen out and is therefore trying to prevent him beginning the chief executive post until January… Continue reading Court Hearing Scheduled For Future BDB Chief
