A difficult year for consumer magazine publisher Highbury House Communications led to a pre-tax loss of £25.7 million for 2003, the group said this morning. The loss highlights a year of change when compared to 2002, when the company achieved pre-tax profits of £6.7 million.In 2003 Highbury acquired Cabal Communications and Paragon Publishing to strengthen… Continue reading Highbury House Loss Hits £25.7 Million

The 2005 global advertising market is expected to grow by over 3%, according to Maurice Levy, chairman of Paris-based advertising network Publicis.The chief of the fourth largest communications group in the world told an interview with French newspaper La Tribune: “The global market is likely to grow next year at a similar rate to the… Continue reading Global Advertising Market To Pass 3% Growth In 2005

Capital Radio revenues are expected to increase by 3% year on year according to its first half trading statement issued today. This is in line with the group’s expectations.Trading for the first six months, ending March 2004, shows revenues up by 2% for Q1 2004 and up by 5% for October to December 2003, when… Continue reading Capital Radio Revenues Nudge Up 3% In First Half

The Wireless Group has announced that adjusted operating profits reached £2.3 million in the twelve months to December 2003, up by £4.6 million on the previous year when losses were £2.3 million.Turnover increased to £32.6 million from £28.5 million in 2002. This gives TWG a turnover increase of 14.3%, beating industry average revenue increase of… Continue reading TWG Turns Around In 2003 To Reach £2.3 Million Profit

Guardian Media Group has acquired a 27% stake in the consumer magazine company, Seven, in a move that makes its the largest single shareholder.The acquisition comes as Seven plans to launch a new title and inject £4 million to expand existing title Delicious, which was launched three months ago.Delicious was launched in the UK after… Continue reading 27% Slice Of The Delicious Pie For GMG

Internet media streaming is facing stiff competition from traditional television, as online content owners feel the pressure to draw customers from TV to desktop screens, says IT analysts and consultants Frost & Sullivan.Mukul Krishna, industry analyst at Frost & Sullivan, said: “This is an uphill task, considering the present quality of streaming over the internet… Continue reading Internet Media Streaming Under Pressure From Television

Advertising expenditure is expected to rise by 3.2% during 2004 following nearly three consecutive years of decline, according to the latest research from the Advertising Association.The figures, researched and compiled by the World Advertising Research Centre, provide further evidence that the worst advertising downturns in living memory is finally coming to an end.All media are… Continue reading UK Advertising Expected To Grow by 3.2% in 2004

Scottish Radio Holdings group revenues are expected to grow by 10% according to its half-year trading update. A rise of 12% in radio revenues and 8% in press revenues is also expected.Trading for the first six months, ending on 31 March 2004, shows that radio and press revenues are estimated to be 14% ahead of… Continue reading Scottish Radio Sees Encouraging Growth In First Half

As a growing number of advertisers question the effectiveness of the traditional advertising model, many are increasing their commitment to the challenges of interactive television advertising, according to interactive consultancy, Brightline Partners.Many advertisers are finding creative ways to offset the challenges of this relatively new market, in order to minimise the cost of campaigns and… Continue reading Interactive Television Provides Opportunities For Advertisers

Revenues at Emap are expected to rise by 9% in its 2003 financial year and the group claims to be confident of delivering results in line with expectations.The figures announced prior to the preliminary results, scheduled for 25 May 2004, show that total group revenue rose by 9% and underlying group revenues increased by 3%… Continue reading Emap Revenues Rise 9% As Advertising Improves