On the whole it was a quiet week for media shares. The ITV companies have now steadied their prices and takeover talk has, for the moment, subsided. Pearson, on the news of its sale of Westminster Press to Newsquest *(Newsline 05/08), rose 19p to 630p, but the main development last week was speculation that Reed… Continue reading Sharewatch W/E 9/8/96
The latest figures released by the Cinema Advertising Association reveal that June’s average weekly admission rose to 1.41 million, up 2.92% on June 1995. The monthly total for June was 6.059 million, an increase of 3.25% compared to last year.Overall, the average weekly admissions for the second quarter rose 12.4% year-on-year to 1.92m compared to… Continue reading Cinema Admissions Increase By 2.9% In June
PHD, the new ad agency, has its official launch today. The agency was bought by Abbott Mead Vickers earlier this year, in a deal worth approximately £5 million.WPP today announces its interim results with an expected increase in pre-tax profits of 30%. Revenues are also expected to grow by 9%. Other results due this week… Continue reading The Week Ahead
Capital Radio, Capital FM and Capital Gold have the highest weekly reach in the London sector. The Capital group has the highest share of listeners (22.4%) with Capital FM’s share at 17.1%. In comparison to 1995, there are no increases in weekly reach for any London stations.The most significant decrease in weekly reach is Country… Continue reading Q2 RAJAR Figures: London Stations
CIA Group, Europe’s second largest independent media buyer, has announced record interim results for the six months to 30 June 1996. Turnover was £379m, up 56% on last year, and pre-tax profits soared by 103% to £3.4m – reflecting record new business wins in 1995 which included Lloyds/TSB in the UK and Shell, Wrangler and… Continue reading CIA Announces Record Results
Liz Watkinson, associate publisher of IPC Magazines’ TV Weeklies, has been promoted to publisher of Chat, Woman’s Realm and Woman’s Weekly. This follows the appointment of Jenny Noon to become publisher of IPC Australia. Liz Watkinson has previously worked in the marketing departments of TV Times and the SouthBank Publishing Group.IPC: 0171 261 6575
WPP Group has today reported interim results which show pre-tax profits rising 40% to £68.1 million and revenue increasing by 12.7% to £833.2m from £739.4m.The UK businesses accounted for 19% of the Group’s total global revenue and revenue growth in this market was 3%, the lowest of all WPP’s regions. The Asia Pacific region’s revenue… Continue reading WPP Reports Strong Growth
The Rank Organisation has announced that its pre-tax profits have fallen from £444 million in 1995 to 128m in 1996, though turnover is up 10% to £940m. Within the film and entertainment sector, turnover increased by 17% and profit rose by 4%.These results coincide with news that Rank will be hoping to raise £300m from… Continue reading Rank’s Pre-Tax Profit Drops
A new ad agency is set to launch in Manchester, according to reports in the trade press. The new venture is thought to be the brainchild of three ex-CIA Media Solutions executives who left in May and were rumoured to be planning the set-up of a new independent.The Media Business Group is reported to be… Continue reading New Agency For Manchester
The Consumer Press titles that chose not to take part in last week’s first ever concurrent release of ABCs have begun to release their figures. Not surprisingly the majority of these titles have recorded falls in circulation against last year. Jan-Jun’95 Jan-Jun’96 %Ch Actual Change DC Thomson & Co Catch (Closed) 53,817 44,949 -16.47 -8,868… Continue reading Jan-Jun ABCs – Late Releases
