BBC internal email denies ‘barmy’ FTstory
The BBC has sent an internal email to staff branding reports that it has invited bids for its commercial arm BBC Worldwide as “barmy”. The email, sent by finance director John Smith followed stories in the Financial Timesclaiming Time Warner and Walt Disney were among those invited to bid.
SMG announces upbeat results
Scottish Media Group, which has stakes in GMTV and Virgin Radio, has announced upbeat interim results. It reports like-forlike increases – which take the publishing business it disposed of in April 2003 and the stake it sold in Scottish Radio Holdings in January out of the equation – in turnover (up 3% to £88.5m) and pre-tax profits (up 20% to £5.5m). But Virgin Radio had a disappointing second quarter, with turnover dropping from £11.8m to £10.2m.
T&F Informa pre-tax profits up 30% on last year
Business to business publisher T&F Informa reported growth in profits and turnover in its latest interim results. The company, formed when the Informa Group and Taylor & Francis merged in May, reported turnover of £246.3m, up 18% on the same period last year, with normalised pre-tax profits of £38m, up 30% on the year before.
Analysis, page 16 Seven jobs go at Reed Business Information Reed Business Information has cut seven jobs within its healthcare portfolio. It is also moving its Doctorand Hospital Doctortitles to sister company Reed Elsevier, which produces The Lancet.
Holland & Barrett Healthy Magazine in good shape
Healthy Magazineis bucking the trend in the health magazine market by ordering a 50,000-copy reprint because copies are selling out so fast. The £1.25 Holland & Barrett customer mag, produced by River Publishing, is celebrating its most successful issue ever in a month that has seen four others in the sector announce closures.
Toucan to sponsor Five’s US crime series strand
Five has signed a five-month sponsorship deal with consumer telecoms brand Toucan to support the channel’s America’s Finest strand. It covers all programmes within the strand, including CSIand Law & Order. sIt includes sponsorship credits, programme promos and option to renew for seven months.
Sky Digital launches The Move Channel
House hunters can now tune in to the UK’s first 24-hour property teleshopping channel. The Move Channel launched yesterday on channel 780 on Sky Digital and is backed up by an internet site that allows users to search databases for investment and residential properties in the UK and abroad.
Customers to trial mobile phone digital
TV Watching multi-channel TV through mobile phones could become a reality, as trials are due to start throughout Oxford next spring. A total of 500 O2 customers will be provided with handsets with built-in digital TV receivers, developed by Sony and Nokia, capable of receiving 16 channels provided by ntl.
Brilliant adds recruitment department in Manchester
Brilliant is following its model in Leeds by adding a recruitment division to its Manchester office. Capitalising on the success of its media arm it will offer creative recruitment advertising and strategic media planning to clients who work with the media team, as well as attracting new recruitment clients.