Chime Communications today revealed a rise in annual pre-tax profits from £3.723 million to £3.834 million while turnover increased from £33.72m to £42.367.Sir Tim Bell, chairman of Chime, made reference to the acquisition of HHCL at the end of last year (subscribers see Chime/WPP Join Forces To Buy HHCL) when he commented on the company’s… Continue reading Profits Reach £3.8m At Chime
The national newspaper market saw a fall in readership of 2.7% year on year to 72.674 million for September-February, with only five titles showing rises.The Daily Star performed the worst, with a drop of 13.9% to 1.896 million while the Independent was not far behind with a fall of 10.1% to 704,000. The People and… Continue reading National Newspaper NRS – February
GWR has announced that profits at its national commercial station Classic FM have not been as strong as expected in the second half of the year.The Group said that the reason for this was the “substantial changes” which were made to the Classic sales team when it was transformed into the new sales house Opus… Continue reading Classic FM Suffers From Sales Upheaval
The European Commission is concerned that the launch and operation of Rupert Murdoch’s British Interactive Broadcasting may be harmful to fair competition in the digital marketplace.Within the next few weeks the EC is expected to request that BIB allays concerns that the broadcaster might restrict access to its networks and subsidise decoding equipment which only… Continue reading EC Seeks Assurance Of BIB’s Market Position
Transport advertising company, TDI has reorganised its senior management in preparation for the return of Christy Leth, currently sales director in the UK, to TDI in the U.S. this May.Clive Punter has been promoted to national sales director from client/agency sales manager; Andy Moug is promoted to regional sales director from national field sales manager.… Continue reading TDI Undergoes Management Reshuffle
According to agency estimates, total terrestrial television revenue for February (including GMTV) came in at £176.35 million. Of this, ITV brought in £120.83 million (down 0.8% year on year), Channel 4 £41.12m (up 9.3%), Channel 5 £9.53m and GMTV £4.87m (down 9.8%).Among ITV audiences there was a large rise in costs for Women, which saw… Continue reading TV Round-Up – February
Outdoor poster group Maiden today announced annual results which showed a 27% increase in pre-tax profits to £10.1 million and a 15% growth in turnover to £63.2 million.The company also said that it wanted to remain independent despite overtures from overseas investors. Maiden chief executive Ron Zeghibe said he would rather seek acquisitions than be… Continue reading Maiden Posts 27% Increase in Profits
Outdoor advertising company Primesight has today announced pre-tax profits for 1997 of £830,000, up 77% on the previous year. Turnover increased 13% to £12.99m.Primesight chairman Martin Barber said: “These record results follow the introduction of the company to the Stock Exchange’s Official List last July and we are now beginning to see the benefits derived… Continue reading Record Results At Primesight
Regional newspaper publisher Newsquest has announced pro-forma pre-tax profits for the year ended 31 December 1997 of £52.3 million. This is an increase of 84.9% on 1996’s pre-tax profit of £28.3 million.The company, which floated itself on the Stock Exchange in October and set financial targets (subscribers see Sharewatch W/E 17/10/97), managed to beat its… Continue reading Newsquest Pre-Tax Profits Up 85%
The numerous companies involved in the launch of digital terrestrial television (DTT) are to be bundled together under the umbrella brand name The Digital Network.As a number of services and channels start to launch later this year, the industry is concerned that the consumer will be ‘confused’ by the more complicated term digital terrestrial television;… Continue reading DTT Becomes Branded The Digital Network
