Information group Reuters plans to spend £500m moving its services onto the internet. Announcing its full-year financial results today the group unveiled a four-year net strategy which includes a host of technology deals.As the group posted strong results for the year it announced a joint venture with US firm Multex to launch a European net-based… Continue reading Reuters To Spend £500m On Net Plans
Information group Reuters is today expected to unveil a strategy to make its major financial products available on the internet. Plans for the partial flotation of its electronic trading business, Instinet, and the Greenhouse Fund, which invests in net start-ups, are also expected as the group announces its full-year financial results. Prices closed down slightly… Continue reading Sharewatch
When Swedish newspaper publisher Modern Times Group started sniffing around on UK soil for new ground on which to launch a free daily morning newspaper, Daily Mail and Evening Standard publisher, Associated Newspapers, moved quickly and aggressively to the defence. Firstly in London, and then in a number of other major cities around the country,… Continue reading Feature: Metros May Boost Regional Morning Market
Cinema achieved its highest ever annual admissions last year, with a total of 139.1 million ticket sales. This represents a 2.9% increase on 1998 admissions which came in at 135.2 million. Box office sales across the year totalled £606.1 million, up 11% on the previous year and rise of 117% over the whole decade, according… Continue reading Cinema Achieves Highest Admissions In 25 Years In 1999
Crimson Publishing has launched a new monthly computer title providing reviews and news of all the latest strategy games. PC Strategy Games will go on sale on 18 February priced £2.95 with an initial print run of 70,000. Waterside Publishing is set to launch a magazine title based around characters from the Fox Kids TV… Continue reading Newsline Brief
EMAP has announced today the closure of its pre-teen magazine Big. The final edition of the entertainment title, which covers celebrity gossip, was distributed this week.The magazine has been losing readers since its peak of 300,000 in 1993. In the most recent report from the Audit Bureau of Circulations (ABC) its circulation rate had dropped… Continue reading EMAP Closes Big! Magazine
Cinema achieved its highest ever annual admissions last year, with a total of 139.1 million ticket sales. This represents a 2.9% increase on 1998 admissions which came in at 135.2 million. Box office sales across the year were up 11% on the previous year and have risen 117% over the whole decade, according to figures… Continue reading Cinema Achieves Highest Admissions In 25 Years In 1999
Shares in EMAP took a further tumble as magazine group tried to recover from a drop in advertising revenues in its US arm (see Sharewatch). Prices fell 72p to £13.37 despite assurances that recovery had already started.Carlton Communications continued to surge as rumours that its deal with United News & Media will be referred to… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.Wednesday BSkyB is due to release its latest digital satellite subscriber figures, as the company announces its interim financial results. As of October last year, one year after launch, Sky Digital had signed up 1.8 million customers to the service (see Sky Digital… Continue reading The Week Ahead
The Daily Mail & General Trust has been given the all clear by the Department of Trade and Industry to go ahead with its takeover of regional publishing group Bristol United Press (BUP). The £122 million offer for BUP (see Daily Mail Makes £122m Agreed Offer For Bristol United Press) has now become wholly unconditional… Continue reading Daily Mail Gets Go Ahead On BUP Bid
