Shelf life

Competition has reached new heights in the women's magazine market, where there is talk of an imminent price war, and Cosmopolitan unveils its first nude centrefolds in 20 years.

Kiss FM wins new Yorkshire radio licence

They'll be dancing to new tunes in Yorkshire following the award last night of the new regional radio licence to Kiss FM, sister of the dance music radio station currently operating in Manchester.

`Youth radio' bid tipped to win Yorkshire licence

The Radio Authority is poised to announce the winner of the regional radio licence for Yorkshire, in one of the most competitive franchise rounds yet seen in the fast-growing commercial radio market.

Bid approach sends Blenheim shares soaring

Blenheim Group, the exhibitions company which has experienced wildly fluctuating fortunes in the past five years, was at the centre of bid speculation yesterday after the company said it had received an approach that might lead to an offer.

Rumours of drop in forecast damage Allied Domecq

MARKET REPORT

Johnston acquires Emap titles for pounds 111m

Emap yesterday sold its regional newspaper business - the original cornerstone of its burgeoning media empire - to Johnston Press, the Edinburgh- based newspaper company, for pounds 211m. The 65 titles being sold include the Stamford Mercury, first published in 1695 and one of Britain's oldest newspapers.

Midlands warning hits shares

Shares in Midlands Independent Newspapers dived 24p to 123p yesterday after the regional publisher warned on profits and admitted it had failed in an attempt to buy Emap's newspaper titles, writes Patrick Tooher.

For sale: a snip at pounds 200m

Regional newspapers can still make hefty profits, so why is Emap putting its 71 titles in the shop window?

Government to relax FM radio licence rules

MATHEW HORSMAN

youth never had it so good

You're young. You're ambitious. You're in the right decade. By Hester Lacey

Calling at your station

Commercial radio is booming. Fifteen consortia are bidding for the lucrative new Yorkshire and Humberside licence, and each offers a different format. So who will win? Meg Carter reports

Emap's golf titles in the bunker

A SERIES of top-level defections from a flagship golf magazine have landed leading publishing group Emap in the rough.

Brickbats turn to bouquets for utility

City Talk

Good news from Emap fails to cheer

THE INVESTMENT COLUMN

Emap revenues slow

Magazine publisher Emap signalled a slowdown in revenue growth in the second half, taking the shine off a 70 per cent increase in underlying pre-tax profits for the six months to September. Profits improved across the company's activities,which include consumer and business magazines, regional newspapers and radio interests. Reported pre-tax profits jumped from pounds 22.2m to pounds 33.9m while the interim dividend, jumped to 3.7p (2.5p).
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