18th Dec 2007 07:00
Sport Media Group PLC18 December 2007 Sport Media Group plc ("Sport Media" or "the Group") Trading Update Sport Media Group plc, a UK national tabloid newspaper house with titlesincluding the Daily Sport and Sunday Sport, announces the following positivetrading update for the 4 months to 30 November 2007. The Directors are pleased to report that the Group is trading in line withexpectations for the 4 months to 30 November 2007. Distribution of the newspaper into the Somerfield estate is progressing well.Other new retailers continue to be signed up at a solid rate, withapproximately 1,900 outlets having been added since December 2006. The Group'spublications are currently sold in approximately 37,000 retailers. Group advertising yield has increased by approximately 10% year-on-year withadditional advertisers including Sky, Screwfix and Bargain Booze. Locked and Pay DVD technology, which encourages viewers to pay to unlock furthercontent on DVDs, is performing ahead of expectations and prospects in this arealook very promising. Costs remain in line with budget expectations across the Group to date. Enquiries: Interactive World plcAndrew Fletcher, Chief Financial Officer + 44 (0) 20 8507 6969 www.interactiveworld.com Daniel Stewart & Company plcAlastair Cade / Oliver Rigby + 44 (0) 20 7776 6550 www.danielstewart.co.uk Media enquiries:Abchurch CommunicationsChris Lane / Gareth Mead +44 (0) 20 7398 [email protected] www.abchurch-group.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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