According to figures released by the Office for National Statistics this morning, annual underlying inflation for June stood at 2.2%. This is up from 2.1% in May but still below the Government’s target of 2.5%. The headline inflation rate, which includes mortgage interest payments, remained unchanged from May at 1.3%.Subscribers can access RPI trends by… Continue reading Inflation At 2.2%
Border’s shares dipped 7˝p to 435p yesterday as the group released its results for the year ended 30 April and reported a 26% rise in group turnover. Details will follow on Newsline.Both Cable & Wireless and Cable & Wireless Communications enjoyed rises in their share prices yesterday, following rumours that a merger with another major… Continue reading Sharewatch
Profits at Border Television’s radio division grew by 94% in the year ended 30 April 1999, boosted particularly by the successful launch of Century 105 in Manchester. Century 105, launched in September last year, transmits to around 5.4 million, the largest potential audience for a single station outside London. In its first six months on… Continue reading Radio Performs Strongly For Border
The Office of Fair Trading has rejected a complaint made by Talk Radio about the refusal of the Radio Times, published by BBC Worldwide, to carry listings for the national commercial radio station (see Newsline).In February, Kelvin MacKenzie – Talk’s CEO – said that the BBC was acting in an anti-competitive way by refusing to… Continue reading OFT Rejects Talk Radio Complaints Against Radio Times
Granada Media Group has bought a 9.9% stake in Liverpool Football Club for £22 million, it has emerged today. The media and hotels group has formed what it describes as a “strategic partnership” with Liverpool FC under which it will handle a number of commercial interests for the club.Under the deal Granada is to act… Continue reading Granada Takes 10% Stake In Liverpool FC
The recent ad campaign for the TV Times has come under fire in the latest report from the Independent Television Commission, in which it received over 50 complaints. The ad featured celebrity Samantha Janus being followed around the streets by a camera and complainants felt that in the light of the Jill Dando murder, the… Continue reading ITC Rejects Bad Taste Complaints
Sky Television has secured exclusive television rights for all of West Ham United’s European matches, including – should they qualify – the UEFA Cup. This coverage will include the Inter-Toto Cup, the qualifier for UEFA. The deal with West Ham augments Sky Sports’ offering of English clubs in Europe for the 1999-2000 season. The other… Continue reading Newsline Brief
Following trade speculation, United News & Media (UNM) has confirmed that it is in discussions with business magazine publisher, VNU, over the possible sale of CMP Worldwide Media (Europe).A deal would mean disposing of the UK and France interests of the IT publishing group so that UNM can concentrate on the US operations of CMP.… Continue reading UNM Confirms Possible CMP Sale To VNU
Dixons has today set the price of shares in internet service provider (ISP) Freeserve (see Dixons To Float One Fifth Of Freeserve) at between 130p and 150p. This values the hugely successful free Net access service at between £1.31 billion and £1.51 billion, significantly below some forecasts. Dixons has floated 18.25% of Freeserve and trading… Continue reading Float Values Freeserve At Up To £1.5bn
Clear Channel International, the US media group, has made its first move into Switzerland and Poland with the acquisition of an 82% share in Plakanda, a leading advertising company in the two countries.Plakanda is the second largest outdoor advertiser in Switzerland and Poland. The group owns approximately 9,500 panels in Switzerland and 5,000 panels in… Continue reading Clear Channel Expands Into Swiss And Polish Outdoor Markets
