The Economist Group will be launching a new monthly financial magazine aimed specifically at chief financial officers. CFO Europe, which will appear on 24 April, will be available mainly via subscription though there will be some newsstand copies. An annual subscription will cost £50 while the cover-price will be £4.95.CFO Europe will follow the formula… Continue reading Economist To Launch Financial Magazine
Universal McCann Manchester has created a new media division to handle its growing direct response business, now worth around £40 million. The Universal McCann Direct department was hived off from the main company last week.Universal McCann Direct is headed by Bev Jones, recently promoted to media director.Universal McCann Manchester: 01625 822 418
The Radio Authority is advertising a new regional radio licence for the central Scotland area. The licence will cover the cities of Glasgow and Edinburgh, as well as the areas around them. Around 2.3 million adults will be able to receive the service.The Authority is now inviting public comments and opinions in order to identify… Continue reading New Radio Licence For Scotland
The CIA Group has announced annual preliminary financial results which show an increase in pre-tax profits of 27% to £9.5 million. Turnover at the Group was up 25% to £968 million, with operating profit rising to £7.5 million, up 44%. Earnings per share were up 16% to 9.11p.Chairman of CIA, Chris Ingram said: “A key… Continue reading CIA Group Pre-Tax Profits Up 27%
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
Independent Newspapers, the Irish media group, has today announced a rise in pre-tax profits from IR£66.8 million to IR£100.1 million in 1997. Turnover was IR£598.8 million, up 43% on IR£419.1 million in 1996. Good ad revenues from a strong economy helped boost the figures.Chairman Tony O’Reilly said: “The current year has been positive in all… Continue reading Strong Results For Independent Newspapers
The Audit Bureau of Circulations (ABC) has redrafted (for the second time this year) its procedure for auditing multiple copies/bulk sales of national newspapers.There has been concern in the industry that bulk sales, particularly when performed ad hoc, are distorting the ABC audit figures. To combat this the ABC promised ‘more expansive controls’ in auditing… Continue reading ABC Creates New Bulk Sales Procedures
The ITC today outlined its proposals for remedying what it sees as the anti-competitive practices which are used to “bundle” pay-tv channels.Following an extensive investigation it concluded that a number of practices restrict and distort viewer choices. It hopes that its proposals will lead to a wider range of basic channel packages of different sizes,… Continue reading ITC Recommends Smaller Channel Packages For Pay TV
