EMAP has announced a number of senior appointments across its Performance Network. Performance was set up in January to house the group’s music interests across magazines, radio, television and the Net (see Appointments Brief).Francis Currie has been appointed as music director. Previously programming director at The Box, he will improve the group’s relationships with the… Continue reading EMAP Enhances Its Music Division
Online information group, Dialog, has revealed plans to sell off its core business in order to wipe away the debt which has been crippling the company since its creation in October 1997. Dialog was created by the £261 million takeover of Knight Ridder Information by MAID (see Maid Acquisition To Go Ahead) and has struggled… Continue reading Dialog To Sell Core Services To Ease Debt Burden
Newsline will provide coverage of the key developments in this afternoon’s Budget as it is delivered by Chancellor of the Exchequer, Gordon Brown. Newsline‘s Budget page will be set to automatically refresh every few seconds ensuring a full, rolling coverage throughout the Chancellor’s speech which is expected to begin around 3:30pm.
Shares in Dialog surged 28% to 231˝p as the software and computer group announced plans to break its burden of debt (see Dialog To Sell Core Services To Ease Debt Burden). The proposed sale of its Information Services Division is in the pipeline and, if the disposal goes ahead, Dialog will be renamed Bright Station.The… Continue reading Sharewatch
Regional and local newspaper group, Johnston Press, has this morning posted a strong set of financial results for the year ending 31 December 1999 and is set to make significant internet investments over the coming year. Pre-tax profit at Johnston grew by 8.6% to £49.8 million and advertising revenues were up 5% on 1998.Johnston is… Continue reading Revenues And Profits Strong At Johnston Press
Global market research network, Taylor Nelson Sofres (TNS), has this morning announced strong 1999 pre-tax profit growth of 28.5% to £32.5 million. TNS, which is the fourth largest marketing information group in the world, showed turnover up 11.4% and earnings per share up 33.3% at 5.9p. The group, which currently holds the television audience research… Continue reading Taylor Nelson Sees Strong Profit Growth In 1999
The rapid growth in online advertising is to set to start chipping away at the revenues of traditional marketing tactics, with direct mail first in line. These are the findings of Online Advertising Grows Up: Exploiting A New Marketing Medium, a new book-length report by Fletcher Research.Fletcher predicts that online advertising, which is set to… Continue reading Online Advertising Will Bite Into Traditional Media
National commercial radio station, Classic FM, has signed its largest sponsorship and promotional package to date with car manufacturer Saab. The deal, which is valued at more than £750,000, gives Saab a ten month sponsorship run on Classic’s Smooth Classics At 7 programme, which currently has a weekly reach of around two million listeners.The will… Continue reading Classic FM Signs Saab Sponsorship Package
Shares in Future Network climbed 64˝p to 927p as the publisher prepares to announced its year-end results today.Cable group Telewest was one of the best performers on the FTSE on Friday with prices climbing over 8% to 423źp.Magazine group EMAP bounced back after a series of falls last week. Several brokers were optimistic about the… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.Magazine and internet publishing group, Future Network, is due to release its year-end financial results today.Market research company, Taylor Nelson Sofres, also releases final financials today.Tuesday Gordon Brown, chancellor of the Exchequer, will unveil his Budget for 2000. Rolling coverage of the event… Continue reading The Week Ahead
