BSkyB’s share price closed at 378.5p yesterday, down 31.5p to its lowest level for two years.JP Morgan’s report on the satellite broadcaster (see today’s BSkyB Could Face Tough Ride In Digital TV Age) had a part in destabilising shares though there was bad news on other fronts for the company.It has emerged that a number… Continue reading BSkyB Could Face Tough Ride In Digital TV Age
NEFF, the UK built-in kitchen appliance manufacturer, is to sponsor ITV’s new afternoon series Chef School.The deal represents NEFF’s first exposure on terrestrial TV and it will be supported by extensive off-screen promotion. The sponsorship was negotiated by Warren Dias, at Laser, with Broadway on behalf of NEFF.Chef School will be a fly-on-the-wall documentary following… Continue reading Cookery Show Dishes Up Sponsorship
Reuters shareholders have approved a capital restructuring plan which will see £1.5 billion returned to investors (subscribers see Windfall For Reuters Shareholders).The move involves forming a holding company to acquire Reuters Holdings, whose shares will cease trading after February 17. The new Reuters Group will begin dealing the next day.Reuters: 0171 250 1122
The IPA has joined the ITV companies in calling for one body to control all UK TV channels for the “purposes of economic regulation”.In a submission to the House of Commons Culture, Media and Sport Committee, the IPA wants this body to have responsibility for terrestrial commercial and non-commercial channels, all satellite channels and digital… Continue reading IPA Calls For One TV Regulatory Body
Sales growth in 1998 is set to be the slowest in five years, according to a forecast from the Chartered Institute of Marketing. According to the CIM, this points to a gradual slow down for the economy as opposed to a crash.The CIM’s Marketing Trends Survey predicts sales growth will reach 5.1% this year, 0.6%… Continue reading Slowest Sales Growth For Five Years Forecast
Speculation is currently rife that Pearson is looking to sell its Future Publishing consumer magazine arm.Although Pearson at present is not commenting on the rumours, it is believed that the group has been in informal discussion with a number of potential buyers. One of these is said to be Cinven, the venture capitalist group which… Continue reading Pearson In Future Sell-Off Rumours
John Brown Publishing is set to launch Food Illustrated, a sister magazine to its Gardens Illustrated title. The glossy monthly will hit the shops on 12 March with its April issue, priced £2.95.The title is to be a picture-led foray into the world of food, covering a ‘wide spectrum’ of food-related topics. It is aimed… Continue reading John Brown To Launch Food Illustrated
Total terrestrial TV revenue for December (excluding GMTV) reached £172.3 million, according to agency estimates. ITV brought in £126.3m, down 0.2% year on year, C4 came in at £38m, up 2.7%, while C5 earned £8m. GMTV’s revenue was up 3.3% to £5.68m.As far as the ITV franchises were concerned, Carlton performed well with a year… Continue reading TV Revenue – December
The Radio Authority has awarded a new Independent Local Radio (ILR) licence for part of south-east London to First Love Radio. The FM station is to play a mix of music from the ’60s through to the ’90s, with local news and information for the London Borough of Lewisham.This is the 22nd ILR licence to… Continue reading Radio Authority Grants ILR Licence
A disappointing performance from its commercial printing division contributed to a 6% fall in turnover at Adscene for the six months ended 29 November 1997. Turnover fell from £28.7 million to £26.8 million.Pre-tax profits however rose 3.5% to £2.87 million, much of which was the result of large restructuring at the group’s publishing operations. They… Continue reading Turnover Down At Adscene
