The Guardian Media Group (GMG), publisher of The Guardian and The Observer, has announced annual pre-tax profits before exceptionals of £53 million; a 76% increase year on year.As with other newspaper publishers which have reported profit gains recently, GMG attributes the increases to strong advertising growth and lower newsprint costs.Turnover at the Group was £367… Continue reading Guardian Media Group Pre-Tax Profits Up 76%
Commercial radio station of the year was awarded to Talk Radio at this afternoon’s Commercial Radio Companies Association (CRCA) Congress and Awards ceremony.The award for technical excellence was given to Capital Interactive for its work on the network of Capital websites. The judges said that the Capital work “was a great example of the use… Continue reading Talk Radio Awarded Commercial Station Of The Year At CRCA Awards
The Independent Television Commission denies that it is set to ‘backtrack’ on its proposals to ‘unbundle’ cable and satellite television channels (see ITC Recommends Smaller Channel Packages For Pay TV).Since the Commission announced that it planned to remove the minimum carriage requirements (MCRs), which ensure that smaller cable and satellite channels are distributed to the… Continue reading ITC Denies Backtracking On ‘Unbundling’ Strategy
The Granada Media Group has been warned by the ITC for failing to meet the payment deadline for its broadcasting licences. Granada Television, LWT, Yorkshire and Tyne Tees all failed to pay the Commission the monthly tender charge which was due on 27 March and which, collectively, runs to over £10 million. Payments were received… Continue reading Granada Franchises Warned Over Late Tender Payments
The Daily Telegraph is to further its dedication to sport by becoming an official sponsor of Premier League football. The Telegraph is to sit behind Carling, the League’s main sponsor, as one of a number of ‘second tier’ sponsors.Daily Telegraph logos will appear on pitch perimeter boards, as well as in each match programme.The newspaper… Continue reading Daily Telegraph To Sponsor Premier League
Radio audience research body RAJAR will announce on Friday which group has won the new contract to conduct the field research. Research data is currently gathered by IPSOS-RSL.RSL’s contract may be renewed on Friday, although it is believed that other research companies RSGB and Arbitron are in contention for the tender.RAJAR: 0171 584 3003
Italian advertising revenues this year should rise 7-8 per cent in real terms, fuelled by expansionary drives by telecoms companies, banks, financial services and other consumer firms.
The Commission’s proposal to create an “international charter” aimed at promoting freer electronic trade and commerce has been welcomed by the Information Society Forum, a group of users, social groups, service providers and equipment manufacturers.
Newspaper advertising revenues rose by 7.3 per cent in the first three months of this year according to the Newspaper Association of America. Total newspaper advertising revenues were $9.6 billion in the first quarter, against $9 billion for the same period in 1997.
More than $10 billion a year will be spent globally for on-line or electronic gambling by the year 2002, according to the market research agency Datamonitor. On-line gambling revenues are expected to reach $535 million in 1998.
