A 30% drop in cinema admissions for the month, compared to last year, has been blamed on a lack of crowd-pulling blockbusters. Admissions for November reached 9.2m, with the top five films grossing £20.2m. During November 1999, the top five films, which included The Sixth Sense and The World Is Not Enough grossed £39.6m, almost… Continue reading Lack Of Blockbusters Bring November Cinema Admissions Down
The Radio Authority received three applications for the West Midlands regional digital multiplex licence in time for the deadline on Tuesday 12 December. The licence takes in an area including Birmingham, Wolverhampton and Coventry, which has an adult population of up to around 3.3 million.The requirements of the licence are that, in addition to providing… Continue reading Radio Authority Receives Three Applications For West Midlands Digital Licence
Northern & Shell, the new owner of Express Newspapers, has sold the group’s internet sites for a nominal fee. The ownership of the sites – which include Express.co.uk, Sportlive.co.uk and Allaboutparents.com – has been transferred to stockbroker Seymour Pierce for £1.The move is part of a series of cost-cutting moves by Northern & Shell chairman,… Continue reading Desmond Pulls The Plug On Express Websites
Attic Futura is set to launch a teen entertainment magazine based around SM:TV/CD:UK, ITV’s Saturday morning show hosted by Ant and Dec. Called CD:UK, it will launch in February priced £1.80 and targeting a core audience of 14 year old girls, setting it in competition with Top of the Pops, Smash Hits and Live &… Continue reading Launches And Closures
The Radio Authority has announced the award of two digital licences for the North Eastern Area. It has been confirmed that sole applicant Emap Digital Radio has been awarded the licence for Humberside (see Emap Bags Humberside Digital Licence), while the MXR consortium has won the North East region licence, with a proposal including the… Continue reading Radio Authority Dishes Out Digital Licences In North East
Daily Mail & General Trust released full year results yesterday which were lower than some analysts had hoped for (see Expansion Of Metro Eats Into Profit At DMGT). As a consequence, shares in the company lost 57p to end at £8.28.United News & Media has predicted better news for its full year balance sheet. Having… Continue reading Sharewatch
IPC is to close the doors on its 73 year old NME and on nme.com.The news comes just a week after Emap announced the closure of Select magazine, as changing music tastes take their toll on the indie magazine market (see Melody Maker‘s circulation has dipped to a point where we could also not sustain… Continue reading IPC To Close Melody Maker
Daily Mail & General Trust has reported a 7% dip in pre-tax profits during 2000. The group said increased expansion costs were to blame for the drop, as profits fell to £191m for the 12 month period to 1 October, compared to £205m for the same period last year.Investment costs reached £69m across the period,… Continue reading Expansion Of Metro Eats Into Profit At DMGT
As the industry continued to react to the Communications White Paper (see Industry Gives Cautious Welcome To White Paper) the reaction on the stock market was mixed.Capital Radio was downgraded by some analysts, in the face of uncertain legislation about radio ownership restrictions. As a result, shares fell £1.20 in value, ending at £12.00.More favour… Continue reading Sharewatch
Natmags has announced that it has taken a dominant equity share in AIM Publications, the UK’s leading publisher of wedding magazines. The publisher of Cosmo will add You & Your Wedding, Bride & Groom and the recently-launched London Wedding to its list of titles.The business will be renamed Natmag Specialist Media (AIM) and will continue… Continue reading Natmags Enters Wedding Sector With Acquisition Of AIM
