United emerges as top media owner in Zenith revenue poll

By ANNA GRIFFITHS, campaignlive.co.uk, Friday, 27 November 1998 12:00AM

United News & Media is the largest media owner in the UK with advertising revenues of pounds 1.6 billion, according to Zenith Media’s first survey of top UK media owners based on 1997 figures.

United News & Media is the largest media owner in the UK with

advertising revenues of pounds 1.6 billion, according to Zenith Media’s

first survey of top UK media owners based on 1997 figures.



Following close behind is BSkyB, with ad revenues of just under pounds

1.4 billion, while the Daily Mail & General Trust is in third place with

just under pounds 1.2 billion.



Channel 4, which emerges as the ninth biggest media owner, just behind

the Mirror Group, makes the largest profit per employee of the big TV

broadcasters with pounds 192,000 per head. This towers above the second

largest earner, BSkyB, which earns pounds 59,000 profit per

employee.



IPC Magazines, for which only 1996 revenue data is available, is below

Emap in terms of media revenue, with pounds 325 million compared with

pounds 663.6 million, but Emap’s figure includes its French interests,

business publishing and other activities. Emap’s UK magazine income in

1996 came to pounds 235 million.



Zenith’s survey covers 42 of the largest UK-based media owners in print,

broadcast and outdoor with total billings of pounds 11.3 billion. The

top ten owners account for 74 per cent of total media revenue.



Adam Smith, head of publications at Zenith Media, said: ’After six years

of economic recovery and a complete professional make-over of media

issues, it is still surprising how column-like media companies are. We

are still vertically segregated in the UK.’



This article was first published on campaignlive.co.uk

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