United News & Media is the UK’s biggest media owner, with
advertising revenues of pounds 1.6bn, according to a ’Top UK Media
Owners’ survey by Zenith Media.
The report, based on 1997 figures, is the first to list media owners by
media-related revenue and puts Rupert Murdoch’s BSkyB in second place
with pounds 1.4bn, while the Daily Mail & General Trust is third with
The list covers 42 of the UK’s top media owners in print, broadcast and
outdoor. Total billings is pounds 11.3bn, of which 74% is made up by the
top ten owners, with combined revenue of pounds 8.3bn.
The report does not include high-profile players such as News
International, owned by US-based News Corp or other major companies such
as Conde Nast, publisher of Vogue, and the National Magazine Company,
part of a US-based parent company.
Other entries in the list include Capital Radio, ranked 20th, on pounds
86.1m and the BBC in 14th place on pounds 282.9m. Chris Evans’ Ginger
Media, which produces radio shows and TV programmes such as TFI Friday,
is 33rd, with an advertising revenue of pounds 40m.
IPC Magazines, publisher of Loaded and Marie Claire, brings in pounds
325m of revenue, according to 1996 figures. IPC has not published
up-to-date figures since it was sold by Reed Elsevier earlier this
Emap has a UK revenue of pounds 235m. But if it includes its French arm,
its business publishing and other interests, it is more than double the
size of IPC on pounds 663.6m.
Maiden Outdoor, which earlier this year issued a profit warning, has a
media revenue of pounds 63.2m. Its main rivals JC Decaux and Clear
Channel - which recently took over the More Group - are not listed as
they are not owned by UK-based companies.
Adam Smith, head of publications at Zenith Media, said: ’Most analysts
concentrate their attentions on publicly-quoted companies. Companies not
listed on the Stock Exchange can be overlooked.’
Top ten UK media owners
Rank by media revenue (pounds m)
United News & Media 1643.4
Daily Mail & Gen Trust 1191.5
Mirror Group 517.0
Channel 4 513.4
Guardian Media Group 326.0
* 1996 figures