Analysts Merrill Lynch downgraded Johnston Press yesterday, causing shares to fall 4p to £3.11. The group has today also reduced forecasts for both Granada Media and Carlton. Shares ended yesterday up 5p at £3.95 and up 8½ at £5.50 respectively.Pearson held an investor seminar in New York yesterday regarding its education business. It will run… Continue reading Sharewatch
Rosie Boycott has quit her position as editor of The Express after three years in the job, putting an end to the speculation about her possible departure that began with Richard Desmond’s surprise takeover of the Express Group newspapers last year (see Gossip And Girlie Publisher Takes On Express And Star). Her deputy editor, Chris… Continue reading Rosie Boycott Resigns From Express
Yesterday the overnights from the first News at Ten head-to-head (see ITV And BBC1 Go Head To Head With Evening News) indicated that ITV had won this latest bout in the ratings war (see ITV Victorious In News At Ten Clash). ITV franchisees Carlton and Granada Media, which have been weakened recently by fears of… Continue reading Sharewatch
Capital Radio reported a 12% increase in revenues during the last quarter of 2000 following the successful acquisition of Beat 106 (see Capital Buys Beat 106, Announces Online Plans) and Century Radio (see Capital Radio Wins Battle For Border). In its Annual General Meeting today the group said like for like revenues across the three… Continue reading Capital Radio Reports Increased Revenues
RevenueAll but one of the terrestrial TV channels increased their December revenue year on year, according to agency estimates. The exception was GMTV, which dropped 10.7% compared to 1999. The largest increase among the terrestrials was Channel 5, which went up 15% year on year. Its revenue is still dwarfed by ITV, which managed revenue… Continue reading TV Market Round Up – December 2000
Postar was the topic under discussion at the first MRG meeting of the New Year, which took place yesterday evening at a swanky new venue in London’s West End. Our speakers were Helen Tridgell, managing director of Postar, Mungo Knott, buying director at Posterscope and the ever charismatic David McEvoy, marketing director at J C… Continue reading MRG Evening Meeting – Postar Power
WPP has acquired 75% of Cheetham Bell Limited, a creative advertising agency in Manchester. The group will be merged with the Manchester division of WPP’s ad agency, J Walter Thompson.Cheetham Bell’s clients include Manchester United, Manchester Evening News, Pontin’s and Vimto. The merged group will be managed by CEO Dr David Bell, creative director Andy… Continue reading WPP Acquires 75% Of Cheetham Bell
Associated Newspapers and the Guardian Media Group are to join forces to publish a free morning newspaper in Manchester. GMG is to license its Metro title to Associated in a deal which will bring to an end months of wrangling between the two publishers.Free morning papers from both groups have been circulating in the city… Continue reading Associated And GMG Sign Metro Deal In Manchester
ONdigital is to take on the highly competitive TV listings magazine market on 3 March by launching a new customer magazine with full listings and a weekly, rather than monthly, output. ON7 will be the first magazine to carry full listings for all the digital free to air channels as well as for all the… Continue reading ONdigital To Take On TV Listings Market With ON7
BSkyB’s latest attempt to wrest the contract for ITV news provision from ITN has sparked an undignified war of words between the two groups. BSkyB announced yesterday that it was joining with two American and two UK broadcasters to form a consortium which would bid for the new contract beginning at the end of next… Continue reading Fighting Over News Moves To Fresh Battleground As Sky Consortium Eyes ITV Contract
