PRIMEDIA announced results on Tuesday for the year ended June 30, 1999, with headline earnings per share down 22,5% to 93 cents from 120 cents. Attributable income per share fell 54.7 percent to 86 cents from 190 cents. Net attributable income was reported at R85,161-million compared with R248,29-million the year before, a drop of 65,7%. Turnover was up 21% to R1 482,68-million from the previous year’s R1 222,58-million. Primedia blamed its poor performance on “a combination of a very unfavourable economic environment and poor entertainment product”.