SMG has bought a further 1.9% stake in Scottish Radio Holdings, its fourth acquisition of SRH stock since December last year and its second in under a week (see SMG Takes Further Stake In Scottish Radio). The 615,667 ordinary shares cost SMG 1,595p each, giving the deal a total value of £9.8 million.SMG now owns… Continue reading SMG Continues To Build Scottish Radio Interest
BSkyB is planning to launch a new teenage soap on Sky One, as part of a strategy to grow its young audiences. $3.9m is to be ploughed into the soap, set in a back packers hostel in Australia and following the lives of teenaged travellers from around the world. The money will be invested by… Continue reading News In Brief
ProgrammesThe first week of 2001 saw BBC1 beat rival ITV to the top programme spot, as EastEnders’ Tuesday edition gained the most viewers. For the rest of the month it was business as usual in the soap wars, with Coronation Street closely tailed at the top by the Albert Square crew.ITV’s other popular offerings included… Continue reading TV Viewing Round-Up – January 2001
Jazz FM has reported its first ever profit before tax in its interim results for the six months to 31 December 2000. Pre-tax profit for the company reached £60,000, compared to the loss of £268,000 for the same period last year.Turnover increased 98% during the six month period to reach £3.9m, compared to £2m in… Continue reading Jazz FM Sees First Ever Pre-Tax Profit In Interim Results
Results from Reed weren’t released until late last week (see Reed Results Beat Expectations), but they were positive enough to push Reed International shares up to the top end of the week on week media performers, gaining 34p overall to end Friday’s trading at £6.59Future Publishing finally saw some positive movement in its share prices… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.MediaTel group will hold its third annual Media Question Time at BBC Broadcasting House (see Chris Smith Defends White Paper In Media Question Time Interview). An invited audience of industry representatives will question a panel including deputy editor of the Guardian,… Continue reading The Week Ahead
MTV is to work with Two Way TV to create digitally interactive programming for its UK channels. The arrangement will see the two companies develop a range of interactive quizzes and video-based programmes for all the MTV channels, while on-demand and scheduled prize games based on the music industry and carrying the MTV brand will… Continue reading MTV and Two Way TV Plan Digitally Interactive Music Quizzes
The secretary of state for Culture, Media and Sport, Chris Smith has given an interview to MediaTel Group’s MD, Derek Jones, excerpts of which will be screened at MediaTel’s Media Question Time on Monday 26 February.In the course of the interview, the minister defends the Communications White Paper he presented late last year against the… Continue reading Chris Smith Defends White Paper In Media Question Time Interview
Pure Communications is claiming a first this week with the launch of Enter, an interactive CD-Rom magazine. Targeting the lads’ mags audience, it is headed up by former Later deputy editor, Sam Delaney.Described as “a whole new way of entertaining young men with a healthy taste for music, sport, movies, comedy, kung-fu and scantily clad… Continue reading Pure Launches CD-Rom Lads’ Mag
Kevin Hand, chief executive of Emap, faced difficult questioning by board members in Paris yesterday over the future of Emap’s US interests. The Financial Times reported today that discussions were thought to address the ongoing question of Emap USA’s underperformance since acquisition and whether is should be sold (see Sharewatch).It is not thought that the… Continue reading Tough Questions On Emap USA For Chief Executive
