WPP is forecast to bring in revenue of £1.707 billion in the year to December 1997, up from £1.691bn the previous year. The report from Merrill Lynch also suggests that there will be further growth in total revenues to £1.799bn and £1.883bn in 1998 and 1999 respectively.Pre-tax profits are predicted to grow to £175.6m in… Continue reading Growth Predicted At WPP
VNU has revamped its magnet Website and rechristened it vnunet.com. The move is aimed at increasing the emphasis on VNU as a brand rather than a group of magazines. Instead of a page of magazine logos, the new site will feature the “prime” stories from each of the 16 publications.…VNU has also launched Jobworld, an… Continue reading VNU Revamps Web Sites
Reed Elsevier has just confirmed that it has put its IPC Magazines division up for sale. IPC publishes over 70 consumer titles, including Loaded , Womans Own and TV Times , and it had been rumoured for some time that Reed was looking to off-load the group so that it could concentrate on its professional… Continue reading Reed Confirms IPC Sell-Off
BBC Family Life is yet another magazine targeted at ABC1 women. However, it claims to be the first magazine to reflect all aspects of family life and is aimed towards the younger mother with primary school aged children. The magazine is broken into various different sections including the ‘usuals’ such as family health, food, education,… Continue reading First Issue Review – BBC Family Life
The Hong Kong stock market crisis last week hit Cable & Wireless hard as the telecommunications company has a substantial interest in the region. On Tuesday its price fell 16 to 517p, dropped 27p on Wednesday to reach 490p and then a further 17p on Thursday.The Mirror Group initially rose 5 to 219.5p on Tuesday… Continue reading Sharewatch W/E 24/10/97
Monday Cable and satellite channel UK Living changes its name today to become simply Living as part of a general revamp.Reviews of BBC Family Life and Beautiful Living will appear on Newsline.Thursday Future publishing are expected to launch No Limits World, a 132-page sporting title.TeleWest announce third quarter financial results.Saturday The BBC/Flextech channels, under the… Continue reading The Week Ahead
A quick flick through the pages of Beautiful Living reveals a world full of obscenely rich people who are unnaturally preoccupied with the decorative and aesthetic perfection of their homes ‘(not houses)’. An examination of the market position chart confirms that the Beautiful Living test issue readers are younger, richer and, presumably, more unbearable than… Continue reading First Issue Review – Beautiful Living
Revenue According to agency estimates total terrestrial TV revenue for September came in at £212.54 million. Of this ITV brought in £156.71m, up 10.5% year on year, and C4 £46.8m, up 8.8%: this puts the revenue ratio between the two at 77:23. There was a large month on month revenue increase at C5, where there… Continue reading TV Round-Up – September
