As Google and Yahoo! enter in to the local search advertising marketing, a new report from eMarketer warns local newspapers and yellow pages this is very bad news.Last year in the US, $22 billion was spent on local advertising by small and medium businesses, a much bigger prize for Google and Yahoo! when compared to… Continue reading Google And Yahoo! Threaten Local Advertisers

Scottish Radio Holdings today announced that group revenue for the first half of this year has jumped by 10%, spurred on by strong press and radio performance throughout the period.Group turnover, for the period ending 31 March 2004, grew by 14% to £47.2 million, up from £41.5 million on the same period last year, with… Continue reading Strong Radio And Press Revenue Spur On Profits At SRH

Capital Radio today announced that further commercial success opportunities could be created by acquiring new radio licences this year.Revenues at the group rose by 4% to £59 million for the first half of this year, citing ten months of consecutive growth, though group profit only inched up by £100,000 on last year to £12.1 million.Capital… Continue reading Modest Revenue Improvements For Capital Radio

The European advertising market will remain ‘less vibrant’ this year but can expect to see greater signs of recovery during 2005, according to the latest forecasts from investment managers Merrill Lynch.The Merrill Lynch quarter one industry report says that advertising and marketing services in Europe can expect to see greater pick up in 2005 when… Continue reading Europe To See Advertising Market Pick Up In 2005

Telecoms giant BT has announced that it is slashing the price it charges rival internet service providers to use its local broadband exchanges by 70%, ahead of a wide-ranging investigation by OfcomThe price cuts are for the local loop unbundling (LLU) products – the last mile of cooper wire connections linking households to telephone exchanges,… Continue reading BT Reveals Plans To Slash Broadband Price For Rivals

Satellite broadcaster BSkyB has reported, along with its third quarter results, that subscriber growth didn’t meet expectations, as it slowed to 66,000 net new subscribers over the period.This is below the average of 100,000 a quarter needed if Sky is to meet its target of eight million direct to home (DTH) subscribers by the end… Continue reading Sky Subscriber Rates Drop But Sky Plus Doing Well

Telewest today announced that 51,000 internet and 12,000 household subscribers were added during quarter one, helping to reduce the group net loss to £36 million from £187 million on the same period last year.Acting Chief Executive, Barry Elson, said: “Today’s results reflect a good first quarter. Broadband growth, successful marketing and the value of our… Continue reading Telewest Debts Reduce As Subscriber Figures Grow

Channel 4 chairman Luke Johnson has predicted a significant increase in competition for UK television broadcasters during a meeting with equity research company Lehman Brothers.Johnson said that he expects Freeview to become more attractive as more people find out about it. He also gave a pat on the back to the BBC, the brains behind… Continue reading UK Television Market To Become More Competitive

BSkyB today announced that operating profit hit record levels in its third quarter and confirmed that the FA Premier League games would not be sub-licensed as all of the bids received by the group failed to meet the reserve price tag.Operating profit for the nine month period to the 31 March 2004 rose by an… Continue reading Sky Turns Down Premier Bids As Profits Soar

Commercial radio company Chrysalis today announced it is on track to deliver strong earnings growth over the next few years as operating profit for the last six months trebled to £3.7 million.Radio revenues for the period ending 29 February were up by 23% to £33.3 million, growth continued in March and April when revenues increased… Continue reading Chrysalis Sees Profits Treble In Last Six Months