Carlton Communications had a good day yesterday with share prices rising 25žp to 436žp. Talk of a possible deal between the broadcasting group and its French rival Canal Plus boosted the stock.Shares in Carlton’s ONdigital partner, Granada, also rose. An analysts’ meeting planned for today is expected to give the group a positive forecast. Prices… Continue reading Sharewatch
Record-breaking cinema admissions have been recorded for the second successive month. The latest figures from the Cinema Advertising Association (CAA) show that films like Star Wars: The Phantom Menace and Notting Hill pushed admissions during July to a massive 14.6 million, the highest recorded since July 1971.Average weekly admissions were 3.3 million, an increase of… Continue reading Cinema Admission Figures Continue To Break Records
The £4.2 million spent by Ulster Television on a staff restructuring programme has hit the group’s interim profits for the six months to 30 June 1999. Year on year UTV’s pre-tax profits fell from £4.5 million to £2.0 million this time. The company’s restructuring programme included changes remuneration policy, voluntary severance packages and early retirement.Turnover… Continue reading Ulster TV Restructuring Programme Dents Profits
Arena , Emap’s recent acquisition on its purchase of Wagadon (see EMAP Acquires Wagadon For Undisclosed Sum), has appointed a new editor. Greg Williams will replace Ekho Eshun who is to become contributing editor of the men’s lifestyle magazine as well as pursuing his own projects.Author of two novels, Williams has previously been commissioning editor… Continue reading Arena Magazine Gets New Editor
Metro Networks, suppliers of traffic and travel bulletins to UK radio stations, will make its first move into television broadcasting this month. It has signed a deal with London News Network, jointly owned by Carlton TV and LWT, to provide live broadcasts across the capital.Operating from its Centre Point offices in central London, information will… Continue reading Metro Networks Move Into Television
Granada Media Interactive has announced a six-figure sponsorship deal for its itv-rugby.co.uk website. Telecoms group Ericsson will be associated with the site throughout the run of the Rugby World Cup which ends in November. The deal was negotiated by Granada, MVi and The Sponsorship Consultancy.Ericsson will provide branding across all areas of the site with… Continue reading Ericsson Sponsorship For ITV Rugby World Cup Site
Information group Reuters continues to fall after a briefing last week cast doubts over the success of its Instinet business (see Sharewatch). Shares fell a further 28˝p to close at 697˝p.The Daily Mail group dropped by over 5% as lack of liquidity in the stock became apparent. Analysts believe it will fall from the FTSE… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.Ulster Television releases its interim financial results.Tuesday A TV Market Round-Up for July 1999 will be available on Newsline and, for subscribers, in the Television features list.Thursday Outdoor company, Maiden Group, releases its interim financial results.Friday MediaTel’s weekly media industry focus and analysis,… Continue reading The Week Ahead
The Independent Television Commission (ITC) has issued a formal warning to Channel 4 after it breached the Programme Code during two editions of TFI Friday, the entertainment show headed by Chris Evans. A ‘last one to blink’ contest was said to have caused distress to the child contestants.The competition, which took place in June this… Continue reading TFI Friday Gets Warning Over Blinking Contest
The computer, videogames and internet titles of Rapide Publishing have been put up for sale following the closure of the business. All Rapide staff have been left without jobs as the company was forced to cease trading in the face of mounting debts.A former editor on one of Rapide’s Playstation titles told Newsline that the… Continue reading Rapide Titles Up For Sale As Business Folds
