UK text messaging in June showed no signs of slowing as the Mobile Data Association (MDA) recorded 2.10 billion individual sent messages, setting yet another record month.June, is the sixth consecutive month to report a total of in excess of 2 billion messages, growing by 28% year-on-year to set the new record.The MDA has launched… Continue reading Another Record Text Messaging Month In June

New research from ZenithOptimedia indicates a continued period of growth for the UK’s advertising markets, with spending continuing to rise.In the update of European ad spend, Zenith said that, as with the rest of Europe, UK online advertising expenditure is continuing its rapid ascent. The sectors leading internet spend are finance, travel, IT and automotive,… Continue reading UK Advertising Expenditure Continuing Apace

Media and research group, Aegis, has today announced the acquisition of the Marketing Resources Management Group (MRM Group), owner of Australian based marketing agency One Digital, for £1.6 million.MRM Group will now be incorporated into Aegis’ new international media network, Isobar, launched earlier this year to combine the company’s £564 million a year digital and… Continue reading Aegis Boosts Isobar With Australian Acquisition

The Interactive Advertising Bureau (IAB) and Pricewaterhouse Coopers (PWC) have revealed that UK online advertising in 2003 beat all records as spending reached more than £350 million, pushing its market share of total advertising revenue to 2.5%.The official figures published today show that the online advertising industry grew at a staggering rate of 80% year-on-year… Continue reading UK Online Advertising Spend Beats All Records

The UK’s two cable TV giants, NTL Europe and Telewest, are being urged by shareholders to begin merger talks to form a single company with a market value of $7 billion.According to a report in the Observer, shareholders are pushing for the talks to begin this autumn to bring together more than 1.5 million customers,… Continue reading NTL And Telewest Shareholders Urge $7 Billion Merger

The Office of Fair Trading has issued a statement to the London Stock Exchange stating that ITV’s proposed acquisition of Scottish Media Group’s 25% stake in GMTV may be referred to the Competition Commission for investigation.The statement invites feedback about any competition or public interest issues to be sent to the OFT by 29 July… Continue reading GMTV Purchase May Be Judged By Competition Commission

Publishing giant, Reed Elsevier, unveiled yesterday that it had acquired US data services group, Seisint in a deal worth $775 million (£417 million).Reed said that the groups legal and government information arm, LexisNexis, will wholly own Seisint and will fit very strongly with the LexisNexis risk management business and allow it to expand further.A statement… Continue reading Reed Acquires American Data Group Seisint

It was confirmed today that Guardian Media Group (GMG) has bought a 14% stake in Development Hell, publisher of the music and entertainment magazine Word.After much interest from other trade investors, the bosses at Development Hell decided that a tie with GMG would be ideal. Publisher, Jerry Perkins said: “It is a diverse media group… Continue reading GMG Acquires 14% Stake In Development Hell

Chrysalis Radio announced this morning that like-for-like revenue increased by 20% as it continues to outperform the rest of the radio sector.The revenue update statement revealed that the significant increase for the ten month period to 30 June 2004 performed well ahead of the market which is believed to have only grown by around 8%.Commenting… Continue reading Chrysalis Continues To Outperform Radio Market

As audiences begin to migrate to digital technology, the prospect of switching off the analogue radio signals has been raised by the government for the first time.Talk of future plans, similar to those for the television digital switch-over have been aired by Tessa Jowell, secretary of state for department of culture, media and sport.In her… Continue reading Analogue Radio Switch-Off Raised By Jowell