News Corporation yesterday announced an increase in profits in the year ending June 1993. Pre-tax profits for the group were A$1.16 billion, compared with A$622.4m in 1992. Group turnover has increased 4.9% to A$10.7 billion.News International, a subsidiary of News Corporation, and owner of newspapers the Sun and the Sunday Times reported pre-tax profits of… Continue reading News Corporation Profits
Sunset Radio, after being forced to stop transmission last week by National Transcommunications Limited, is back on air. (Newsline – 19/8)The Manchester soul station had defaulted on payments for transmission services, but has now agreed to pay all fees in advance to NTL until 24 October when the contract will end by mutual agreement.
The Telegraph newspaper group which publishes The Daily and the Sunday Telegraph has announced interim pre-tax profits. Pre-tax profits for the six months to the end of June rose 60% to £34.6m against £21.6m previously. Turnover improved from £119.9m to £128.1m. This was largely due to profits from disposals and interests in associated companies.Independent Newspapers,… Continue reading Newspaper Profits Announced
Yesterday the ITV Network unveiled a £25m investment in soccer coverage and a new team of presenters.Included in the new schedule is coverage of the World Cup, of all three European club competitions, the Coca Cola Cup and regional soccer from the Endsleigh League.The coverage will be hosted by Matthew Lorenzo, who will be joined… Continue reading ITV INVESTS IN SOCCER COVERAGE
Carlsberg Export this week signs a deal with C4 to sponsor Italian Football. The deal worth about £1m will last one year and will tie the lager to 2 weekly programmes – Football Italia on Sundays and Gazetta Italia on Saturday mornings. WH Smith is to sponsor a new music series on Virgin 1215 called… Continue reading Radio And Television Sponsorship Latest
The July revenue for ITV and C4 came in at £106.28m and £26m respectively, giving a combined total of £132.28m – a 0.1% fall on the same period last year.Channel 4 achieved a 19.66% share of revenue – down 0.27% points on last month, but still well above the 16.21% share being achieved in January.… Continue reading TV ROUND UP – JULY
The European is to change its editorial to become more analytical and business focused. This follows 14 job losses last week.The marketing manager Carina Pierre told MediaTel that there will not be any dramatic changes, but a gradual change in emphasis. The front page has already been altered to include a listing of companies contained… Continue reading European Changes Style
The latest batch of Jan-Jun’93 ABCs show Vanity Fair recording a substant- ial year-on-year increase; Totals J-J’92 J-J’93 %Ch Vanity Fair 64,283 77,707 20.9 Tatler 71,371 69,678 -2.4 Vogue 183,535 178,729 -2.6 House& Grdn 146,546 141,196 -3.7 Wrld Intrs 70,670 63,256 -10.5 UK&Eire J-J’92 J-J’93 %Ch Vanity Fair 38,849 53,908 38.8 Tatler 54,295 60,611 11.6… Continue reading Latest Jan-Jun Magazine ABCs
The latest motoring magazine Carweek from EMAP launches today with an initial print run of 300,000.Carweek is made up of two sections, the outer full of features and news and the inner a guide to buying and selling new and used cars. With both sections having similar pagination (the outer section has 56 pages and… Continue reading CARWEEK – FIRST ISSUE REPORT
WPP, the advertising group which owns J Walter Thompson and Ogilvy & Mather has announced its interim pre-tax profits.Profits have risen 13-fold to £24.1m and revenues rose 16% to £699.7m.
