The Telegraph Group recorded a 9% increase in pre-tax profits yesterday, rising to £44.3m with turnover also increasing from £219m to £237m. Operating profit went up by 14% to £37.5m and earnings per share decreased to 23.8p from 30.1p. The rise in profits is being partly accredited to a substantial increase in the cover price.
The Independent Television Commission (ITC) is to begin an enquiry today into allegations that Granada Television has broken its original franchise contract by failing to meet programme requirements as well as being involved in the “savage butchery of jobs” (Newsline 25/2).Heritage secretary, Peter Brooke has also received a copy of the letter which started the… Continue reading ITC To Begin Granada Investigation
“Newspapers will survive, and given the right direction they will thrive” says Steve Barnett of the Henley Centre, speaking at the Newspaper Society’s Newspaper Sales Conference this week.He disagrees with the idea that television will turn newspapers into a dinosaur, but does recognise the fact that they do have a number of problems to contend… Continue reading Optimistic Future For Newspapers
The Telegraph Group recorded a 9% increase in pre-tax profits yesterday, rising to £44.3m with turnover also increasing from £219m to £237m. Operating profit went up by 14% to £37.5m and earnings per share decreased to 23.8p from 30.1p. The rise in profits is being partly accredited to a substantial increase in the cover price.
The Independent Television Commission (ITC) is to begin an enquiry today into allegations that Granada Television has broken its original franchise contract by failing to meet programme requirements as well as being involved in the “savage butchery of jobs” (Newsline 25/2).Heritage secretary, Peter Brooke has also received a copy of the letter which started the… Continue reading ITC To Begin Granada Investigation
“Newspapers will survive, and given the right direction they will thrive” says Steve Barnett of the Henley Centre, speaking at the Newspaper Society’s Newspaper Sales Conference this week.He disagrees with the idea that television will turn newspapers into a dinosaur, but does recognise the fact that they do have a number of problems to contend… Continue reading Optimistic Future For Newspapers
Pirate FM, Cornwall and West Devon’s new radio station, has announced a trading profit of £10,500 for its first six months in transmission. Company chairman, James St Aubyn, says “In the financial projections in our application document, we had not anticipated trading profitably until our second year of operation”.
Local radio is continuing to grow in Ireland, at the expense of the national service, RTE, according to the latest JNLR/MRBI listener survey. Market share for regional radio stations has increase from 39% to 43% compared to a drop in RTE Radio 1 from 39% to 37%. Cork 96FM/County Sound is dominating the market in… Continue reading RTE Loses Out On Radio Listeners
Almost 60,000 copies of the Government document of the future of the BBC have already been requested by the public, according to the National Heritage Secretary, Peter Brooke.In a meeting of the Voice of the Listener and Viewer he revealed that a further 5,000 copies of the full consultation document have been sold, and the… Continue reading BBC Debate Draws Response
Granada Television has been accused by the Shadow Heritage Secretary, Ann Clwyd, of concentrating more on making profits than its initial task of programme making. She has called on the Independent Television Commission to withdraw the company’s licence due to an excessive breach of contract.Programming promises in Granada’s franchise application have been broken, according to… Continue reading Granada Accused Of Breaching Contract
