Future Network, the specialist magazine publisher, has appointed Elisabeth Murdoch to its board. Announcing interim results which showed losses of £13.4m, compared to £6.3m for the same period last year, the group said Murdoch would be joining the company as non-executive director.The daughter of media mogul Rupert Murdoch, she left her position as managing director… Continue reading Losses Mount At Future As Elisabeth Murdoch Is Appointed To Board
Market information company Taylor Nelson Sofres have announced interim results which show pre-tax profits are up 22.8% for the six months ended 30 June 2000. Profit before tax now stands at £15.6 million, compared to the 1999 figure of £12.8 million.“The first six months of 2000 repeated the pattern of consistent profitable growth that we… Continue reading Taylor Nelson Sofres Reports Increased Profit In Interim Results
The UK has been picked out as an internet market to watch by researchers ACNeilsen/Netratings, following the release of a new global internet trends report.“The US and Japan are widely recognised as having the largest internet populations in the world,” said David Day, director of analytics at ACNielsen eRatings.com. “With [this survey] we see a… Continue reading UK Internet Market Tipped For Growth By Global Survey
Granada Media has made its first steps into the European market with the acquisition of a 45% stake in Ireland’s TV3 channel. The group, which promised to focus on markets outside of Britain when it became the main controller of the ITV network in July (see Future Of ITV Laid Out As Granada Seals Deal),… Continue reading Granada Media Begins European Expansion With Stake In TV3
IPC’s entertainment website www.unmissabletv.com has signed a content provision deal with search engine Yahoo! UK & Ireland.The agreement will see the IPC website help to produce Yahoo! UK & Ireland Soaps, a service which will preview the day’s soaps and include gossip, a diary and character profiles, in what Colin Tough, executive editor of IPC… Continue reading Yahoo! and IPC To Produce Web Soap Service
The Radio Authority has awarded the local digital multiplex service licence for the Central Lancashire area to the sole applicant Emap. The group will deliver eight programme services to a population of up to 3m.Dance radio Kiss, easy listening from Magic, alternative tunes from Xfm, and contemporary hits from 97.4 Rock FM will be included… Continue reading Emap Wins Digital Radio Licence For Central Lancashire
Following the take-over of Saatchi & Saatchi by French group Publicis (see Publicis Buys Saatchi & Saatchi For £1.24bn), the advertising agency will no longer be listed on FTSE or within Sharewatch.Jazz FM, whose share prices are usually characterised by their steadiness, were the best performers among media shares last week, rising by 13½p or… Continue reading Sharewatch
The latest name put forward as the next possible ITV chief executive, J Walter Thompson’s CEO, Stephen Carter, has put himself firmly out of the running by accepting a position at NTL.Carter will take up the role of NTL’s chief operating officer designate in November. Initially he will work alongside the incumbent CEO, Leigh Wood,… Continue reading Latest Hope For ITV Top Job Goes To NTL
Two new magazines are set to launch targeting the growing number of divorcees in Britain. New Era, whose cover line proclaims ‘There is Life After Marriage’ hits the newsstands next month and Divorce will launch initially as a quarterly subscription mag.The market for magazines dealing with divorce and its after-effects is booming according to New… Continue reading New Mags Target Growing Number Of Divorcees
Telecoms companies were among the poorer performers in media shares yesterday. Telewest ended down 4p at £1.79½, while Cable and Wireless dropped 64p to £12.25.Granada Media announced the expansion of its interest in football clubs with the acquisition of a stake in Arsenal FC (see Granada Takes Stake In Arsenal). The move did not provoke… Continue reading Sharewatch
