Newspaper Publishing, publisher of the Independent, lost £12.6m in the first half of this year as a result of restructuring and the effects of the price war, said its Italian shareholder La Repubblica.Editoriale La Repubblica, which has a 17.6% stake in Newspaper Publishing, released the figure in its own results statement for the first six… Continue reading Repubblica Reports Loss At Independent
Yesterday saw the launch of a new national telephone network operated by Energis, part of the National Grid Company, which transmits electricity throughout Britain. Energis, as well as offering 10% less on weekdays and 15% less on weekend calls than BT, are also intending to offer a range of multimedia services, including video on demand,… Continue reading New Energis Phone Network
MTV Networks, the US owned music television group is to make London its international headquarters for all activities outside the US. London has been given increasing importance because MTV Europe is becoming bigger than the US operation.
The latest circulation figures for the Irish newspaper market show further losses in circulation by the daily titles. The titles have been in decline in the last couple of years, hit by the poor economy and increased competition from British titles.However, the losses this period are less severe than previously and, according to Fiona Scott,… Continue reading Irish Newspaper Market Round Up
Yesterday Flextech announced a deal with Hallmark Entertainment of the US, to make original programmes for cable and satellite channels. The deal could involve total spending of up to $140m (£89m).Flextech, which owns 20% of HTV, is controlled by TCI of Denver, the largest US cable operator. Flextech also has stakes in The Children’s Channel,… Continue reading New Drama Deal For Cable
The PPA have launched the 3rd edition of their magazine handbook, which for the first time includes a section on the customer magazine market. Additionally there is a breakdown of both consumer and business magazines by display revenues.The overall figures for the number of consumer and business magazines in the UK stand at 2430 and… Continue reading New PPA Handbook
This Sunday saw the launch of the Mail on Sunday’s financial supplement – ‘Financial Mail on Sunday’.The new 40 page supplement provides both general financial news, with the lead story of excessive government subsidies to build new nuclear power stations, as well as personal financial advice by way of an extended 12 page ‘Your Money’… Continue reading New ‘Financial Mail On Sunday’
Abbott Mead Vickers have released interim figures showing pre-tax profits up an impressive 58.6% to £2.38m from £1.50m. Turnover has also increased to £108.09m from £94.41m, up 14%, with overall operating profits up 71% to £2.12m.
According to a survey carried out by the European Television Magazines Association, which will appear in this week’s Radio Times, children across Europe prefer cartoons and soap operas to programmes containing violence and too much talk.The survey carried out amongst 9 and 10 year olds across 9 European countries, show that children in Britain prefer… Continue reading Children Prefer Soaps
HTV’s overall interim pre-tax profit figures released today show a £1.19m(74%) increase on the same period last year, although turnover is down nearly 28% to £58.43m. HTV’s TV interests show a 339% increase on the same period last year – up from £0.97m to £3.29m.
