Capital Radio Group has said that it is ‘cautious’ about the outcome for radio advertising in October to December, despite radio continuing to outperform the display advertising market.In a trading update issued this morning ahead of full-year results due on 25 November 2005, the group said radio revenues for the third quarter are forecast to… Continue reading Capital Radio Cautious Over Fourth Quarter Results

GWR, owner of radio station Classic FM, has said that following a strong start to the year, revenues for the first six months are expected to grow by 3% year-on-year.However, revenues in the second quarter, especially during August, were slower than anticipated and as a result its analogue sector, which generates 92% of group revenue,… Continue reading GWR Confident Over Revenue Prospects For the Year

Publishing group, Highbury House Communications, has announced that it will fail to meet expectations this year and as a result will not be paying an interim or final dividend, despite seeing a 24% jump in revenue during the first half of 2004.The group, which predicted a 27% year-on-year growth in profits from January to June… Continue reading Highbury House Unable To Meet Full-Year Expectations

Emap has said in a trading update this morning that group revenues for the first half of this year are expected to be up 2%, with celebrity gossip magazine Closer being cited as a key driver.Emap’s consumer media division, which includes Closer, is expected to be up 6% year-on-year for the six months ending 30… Continue reading Success Of Closer Helps Drive Revenues At Emap

Capital Radio Group has said that it is ‘cautious’ about the outcome for radio advertising in October to December, despite radio continuing to outperform the display advertising market.In a trading update issued this morning ahead of full-year results due on 25 November 2005, the group said radio revenues for the third quarter are forecast to… Continue reading Capital Radio Cautious Over Fourth Quarter Results

Freeview will continue as the fastest growing multi-channel platform until the end of next year, but this will not be enough to knock Sky from the top-spot as the most dominant force in the market, according to a new study.Continental Research’s Autumn 2004 Digital TV Report claims that Freeview will attract a further 1.4 million… Continue reading Sky On Track To Reach 8 Million Homes By 2005

Scottish Radio Holdings (SRH), has said that an ‘excellent’ performance in radio and press has fuelled 2004 expectations and the group now predicts full-year revenues to be a healthy 9% ahead of last year.In a trading update issued this morning, the group said like-for-like radio revenues are estimated to be up 9% for the twelve… Continue reading SRH Confident Of Revenues Growing By 9% In 2004

The BBC committee reviewing the future of its commercial arm, BBC Worldwide, may consider floating a stake on the stock market, according the press reports over the weekend.The Corporation has primarily been discussing how to set up joint ventures for its publishing, distribution and channel arms, in a move would allow it to maintain control… Continue reading BBC Considering Flotation Of Worldwide Arm

The BBC committee reviewing the future of its commercial arm, BBC Worldwide, may consider floating a stake on the stock market, according the press reports over the weekend.The Corporation has primarily been discussing how to set up joint ventures for its publishing, distribution and channel arms, in a move would allow it to maintain control… Continue reading BBC Considering Flotation Of Worldwide Arm

WPP chief executive, Sir Martin Sorrell, has this morning confirmed that he has been involved in discussions with a senior Havas financier, in a move that adds further uncertainty to the French group’s future.After losing out in the bidding war for Grey Global Group to WPP, Havas is looking like an increasingly vulnerable take-over target.… Continue reading Sorrell Involved In Talks With Havas Financier