It is predicted that the media industry has good prospects for organic growth which will significantly outstrip GDP, according to a report by stockbroker Panmure Gordon.In its 1996 review, the company’s analysts believe that a buoyant economy will provide a healthy backdrop for those companies with an exposure to advertising. It also predicts that cross… Continue reading Good Prospects For Media Industry
ITV has written to European Commissioners expressing concern about a proposed Directive on Media Concentration and Pluralism, which will be discussed at today’s meeting of the Commission.“The Current proposals are very damaging”, said Barry Cox, director of the ITV Association, “If Commissioners agree them as currently drafted, they will pose a serious threat to the… Continue reading ITV Goes To EU
Telewest Communications plc has released its preliminary results for the year ending 31 December 1996. Following increases across the board in cable TV, residential telephony and business telephony, total revenue was up 52% to £290.3 million last year. Net losses reached £250.9 million, but this was in line with expectations.Commenting on the results, Stephen Davidson,… Continue reading Positive Results For Telewest
Two Way TV, a system that allows viewers to take part in their favourite quiz, sports and magazine shows from the comfort of their own homes *Interactive TV Gets Investment Boost, is to launch in the Central region on March 15. Shows being offered are reported to include Family Fortunes, Top Gear and The Great… Continue reading Two Way TV Tunes In
News International has announced that the Sun and the News Of The World are to go online with the launch of a new mass-market Internet provider, LineOne.The company behind the service is Springboard Internet Services, a joint venture between BT and News International, owner of the Sun and the News of the World. Rupert Gavin,… Continue reading Sun And News Of The World To Go Online
Youth cable channel Rapture is set to launch “very soon” according to a company spokesman. The channel, which was first announced in 1995 and due to launch in April last year, has been delayed numerous times.Newsline was told that the delay is not due to financial or carriage problems but is more to do with… Continue reading Rapture To Launch “Very Soon”
Channel 5 is facing legal action from people whose equipment has been damaged by retuning engineers, according to press reports. Viewers are also claiming compensation for stress and time-wasting caused by engineers who have failed to keep appointments. Channel 5 was not available for comment.Channel 5: 0171 497 5225
Yorkshire Tyne Tees Television published its final results today for the year ending 31 December 1996.1996 was a good year for the company; YTTV’s turnover was £270.8 million and profits, before tax, were up 40% year-on-year to £30.2 million. Earnings per share rose at almost the same rate to 39.7p, a 38% increase on the… Continue reading Profits Soar For Yorkshire Tyne Tees
The date for the FA Cup Semi Finals between Wimbledon and Chelsea and Middlesbrough and Chesterfield has been announced as Sunday April 13th.Wimbledon will play Chelsea at Highbury with a noon kick-off and television coverage will be by BBC1. Middlesbrough will play Chesterfield at Old Trafford with a 3pm kick-off covered by Sky Sports.The Saturday… Continue reading FA Cup Semi Final Fixtures
Both of the Telegraph titles showed good sales growth in February, with the Sunday Telegraph increasing its circulation by a spectacular 25.5% and the Daily Telegraph experiencing a growth of 5.56% to 1.106 million copies sold. Both Independent titles again showed declining circulations, with the Independent On Sunday falling 12.42% to 281,660 and its sister… Continue reading National Press Round-Up – February
