Reed Elsevier’s profit warning, issued yesterday (see Reed Elsevier Warns Of No Growth In 1999), caused shares in the Anglo-Ductch publishing group’s two companies to plummet. Elsevier closed yesterday down by 73źp (7.9%) at 859p; Reed International fell by 32źp (5.7%) to close at 532˝p.Saatchi & Saatchi, which posted strong results and ambitious targets yesterday… Continue reading Sharewatch
http://www.empireonline.co.uk/Empire magazine is, as you all know, shiny colourful and lightweight – a fluffy compendium of Hollywood gossip and glossy pictures of attractive stars. It’s cinema glamour as seen by teenage boys and romance as imagined by girls infatuated with Leonardo Di Caprio (why? Why?).So I was expecting the online version to be full of… Continue reading Website Of The Week – Empire
Pearson suffered an 85p drop in its share price, falling to 1,337p. This follows a fairly positive set of financial results released yesterday, which reported a 19% leap in operating profit (see Newsline). By 10:30am today, the group’s price had fallen a further 13p to 1,324p.Carlton Communications, on the other hand, saw a 7˝p rise… Continue reading Sharewatch
The Radio Authority this week advertises the local digital radio multiplex licence for South Yorkshire. This is the fifth licence of its sort to be advertised by the RA which is releasing the ads at the rate of one per month. Licences for Birmingham, Manchester, Greater London and Glasgow have already by advertised (see RA… Continue reading Radio Authority Advertises South Yorkshire Digital Multiplex
The Prime Minister Tony Blair and Chancellor Gordon Brown are to give a joint live interview this morning on Talk Radio, from 9am onwards. This marks the first time in broadcast history that the Prime Minister and the Chancellor have shared a studio to take calls and questions direct from the public. BBC News Online… Continue reading Newsline Brief
Bob Seelert, chief executive of global ad agency Saatchi & Saatchi, today set the company a target of achieving a 25% earnings per share growth (EPS) during 1999. The agency also posted a 30.6% rise in pre tax profits and EPS up by 28.8% to 8.5p for the year ended 31 December 1998.So far this… Continue reading Saatchi & Saatchi Chief Sets 25% EPS Growth Target For 1999
Stan Park, former commercial director of Talk Radio, has joined radio news and information provider, MetroNetworks. He will fill the same role, newly-created role at MetroNetworks, and will have a seat on the company’s board.MetroNetworks provides news, sports, traffic and travel information to over 70 commercial and BBC Local Radio Network stations across the country.… Continue reading Former Talk Commercial Director Joins MetroNetworks
Anglo-Dutch publisher, Reed Elsevier, this morning posted a fairly gloomy set of annual financial results and warned that less favourable trading conditions in some markets suggest 1999 will not be a year of any significant profit growth. Pre-tax profits were down by 6% to £773 million whilst turnover grew by 6% to £3.2 billion. The… Continue reading Reed Elsevier Warns Of No Growth In 1999
The first in the planned series of James Bond films, Goldeneye, saw ITV gain an audience of 12.1 million last night, according to unofficial overnight figures from the Network Centre. This represents an average 52% share of all viewing across the film’s two hour slot, from 9pm to 11pm.ITV’s peak-time salvo against the BBC was… Continue reading Goldeneye Nets 52% Share For ITV
On Monday evening this week ITV unveiled its new evening schedule replacing over 30 years of the News at Ten. According to unofficial overnight figures, the new ITV Evening News, at 6:30pm, slightly outperformed the previous Monday’s edition of News at Ten. The first, brightly-coloured ITV Evening News had an audience figure of 7.2 million,… Continue reading First ITV Evening News Gains 7.2m Viewers
