If you’ve ever wondered why the BBC has had to launch a national campaign to find new talent, look no further than Sky’s autumn schedule to find out where all the old talent went. Sky does not reveal how its budget compares with the BBC’s £189 million, (see BBC To Spend £189 Million On Autumn… Continue reading Terrestrial Stars Go To Sky For Autumn
Scottish Media Group has announced the resignation of its group finance director, Gary Hughes, who is to take up the same position at Emap at the end of September. George Watt, currently financial controller and treasurer, will temporarily replace him with immediate effect.Hughes had been part of the group since 1996 and had followed its… Continue reading Scottish Media Group Loses Finance Director To Emap
GWR Group announced better than expected trading patterns for the first quarter of this year. At the company’s AGM this morning chairman Henry Meakin said revenues had shown “exceptional year on year growth.”As a result the group, which owns Classic FM as well as 38 local licences, across the UK, is trading ahead of its… Continue reading GWR Group Trading Ahead Of Forecasts
The 5% fall in half year profits reported by Reed Elsevier yesterday (see Profits Fall 5% At Reed Elsevier) was not as bad as analysts had expected. As a result, shares in Reed jumped 39p to £5.66.Radio interests appeared to be good prospects during yesterday’s trading, as Scottish Radio rose 75p to end £15.02½ and… Continue reading Sharewatch
Bright Station reported good progress towards the transformation of its business in its interim results released this morning. Despite pre-tax losses of £3.2 million for the six month period to the end of June, the group, which was formed from the remaining e-commerce and web solution assets of Dialog earlier this year (see Dialog To… Continue reading Bright Station Reports Good Progress In Interim Results
The Guardian Media Group is expected to announce the sale of its television production interests later this week. Its 50% stake in GMG Endemol, which made Channel 4’s Big Brother, is to be sold to Spanish telecoms group, Telefonica, according to reports.GMG Endemol is a joint venture between GMG and Dutch group Endemol Entertainment and… Continue reading Guardian To Sell Television Interests
US internet advertising revenues almost broke the two billion dollar mark during the first quarter of 2000. The news from the Internet Advertising Bureau’s (IAB) Internet Ad Revenue Report that the figure for that period reach $1.953 billion comes less than a year after the $1 billion per quarter mark was reached.Revenues were reported to… Continue reading Quarterly Revenue From US Online Advertising Nears $2 Billion
It was a case of “they should have known better” this month when complaints were upheld by the Advertising Standards Authority (ASA) against an advertisement placed in industry organ Media Week by the National Advertisers’ Benevolent Society (NABS).The advertisement included a statement which ran along the lines of “God, I can’t wait till I kill… Continue reading ASA Shows No Benevolence To NABS In Violent Advert Complaint
The BBC has poured £189 million into BBC 1’s autumn schedule in an effort to prove that its plans for a themed future for its TV output (see BBC Plans Themed Future For TV Channels) will not see the flagship channel dominated by entertainment.Announcing that the new season will see an extra £10 million spent… Continue reading BBC To Spend £189 Million On Autumn Schedule
Reed Elsevier, the Anglo-Dutch publishing group, reported pre-tax profits down 5% at £351m in its interim results released this morning. Chief executive Crispin Davis was confident that the group’s performance was in line with targets set earlier this year, however.“In February, we laid out in some detail our strategic priorities to turn around Reed Elsevier’s… Continue reading Profits Fall 5% At Reed Elsevier
