Southnews, publisher of paid-for and free newspapers in London and the Home Counties, has announced its preliminary results for the 53 weeks to 3 April 1999, which showed that profit before tax has increased by 63% to £12.1 million. Earnings per share were also up by 27% from last year to 40.2p, and revenues for… Continue reading Southnews Reports 63% Increase In Pre-Tax Profit
Carlton Communications has revealed that it is to invest over £150 million in digital media this year, £100 million of which will go into ONdigital, in its results for the 6 months ended 31 March 1999. The media group also aims to double Carlton’s output for ITV and other channels within the next three years.… Continue reading Carlton Communications Announces Ten-Point Plan
The Radio Authority has upheld ten complaints against eight different commercial radio stations, after receiving a total of 79 complaints this quarter.In its quarterly bulletin, the RA upheld two complaints against London station Xfm. One complainant said that he was abused and ridiculed when he was put on air after calling the station, and another… Continue reading RA Upholds Complaints Against Commercial Radio Stations
Southnews experienced a healthy rise of 25p to 600p yesterday after announcing a 63% increase in pre-tax profit with its financial results for the year ended 3 April (see Newsline). This morning the newspaper group’s shares had risen a further 2˝p to 602˝p.Carlton Communications, which releases its interim financial results today (details to follow on… Continue reading Sharewatch
ITV is to launch a new celebrity show based on the weekly OK Magazine. The new masthead show, called OKTV! will be made by Carlton Television, and has been under discussion at ITV for the past twelve months.Whilst in planning, ITV commissioned pilots from both Northern & Shell’s OK and Hello!, its closest rival. Controller… Continue reading ITV To Launch OK Masthead
Speaking at MediaTel’s Media Question Time last night the chief executive of ONdigital, Stephen Grabiner’s explanation of the box give-away – announced only that morning (see Newsline)- was attacked by fellow panelist Ray Snoddy (Times media editor). Grabiner said that research showed boxes at £199 were the “single biggest hurdle” to people thinking of investing… Continue reading Grabiner Attempts To Justify Digital Set-Top Box Give-Away
At last night’s Media Tel Media Question Time, Talk Radio’s CEO Kelvin MacKenzie made no secret of his contempt for the BBC, and its monopolistic position in the media industry.Speaking in the BBC’s own Radio Theatre, MacKenzie expressed delight at the concept of the BBC being dismantled, and looked forward to the dismemberment of the… Continue reading ‘BBC Is Monopolistic And Anti-Competitive’ Says Kelvin MacKenzie
Channel 4 is claiming 1998 was another excellent year in its annual report. Turnover increased by 6.8% last year to £590.5 million, and pre-tax profit was £26.3 million for 1998 (1997; £29.2 million). The channel’s audience share for the year was 10.3%.Channel 4 launched its first pay television venture, Film Four, in November last year… Continue reading Channel Four Reports ‘Excellent Year’
Classic FM is to launch Classic London this summer, giving advertisers the opportunity to target the London commercial radio audience.Manning Gottlieb Media (MGM) is working with Classic FM to advise on the positioning and roll out of Classic London to advertisers and media buyers.Classic FM, which is owned by GWR, has a weekly reach of… Continue reading Classic FM Rolls Out London Opportunities For Advertisers
