Radio giant Chrysalis has vowed to continue its search for acquisitions and merger opportunities, despite having its initial approaches to Guardian Media Group rebuffed last week.In a statement this morning to the City, Chrysalis stated that it would “continue to review acquisition opportunities in the radio sector” which would be “complementary” to its existing radio… Continue reading Chrysalis Unperturbed By GMG Takeover Rebuttal

Chrysalis Radio’s admission earlier this week that it had held preliminary discussions over the acquisition of GMG Radio could lead to one of the companies being forced to up root its Manchester-based operations in order to push through any consolidation.The companies both operate radio stations across the country, and in many cases operate in the… Continue reading Chrysalis GMG Merger Could Force Galaxy Sell Off

Children’s broadcaster Jetix and BBC Magazines have joined forces to launch the W.I.T.C.H. brand in the UK, comprising a monthly ‘tween’ magazine and an exclusive TV series, bringing the magazine’s characters to life.The Witch magazine, currently the fourth biggest magazine globally, will be introduced to the UK by the BBC on 6 April, while Jetix… Continue reading Jetix & BBC To Launch Italian Kids Brand

Five performed admirably throughout February, seeing its revenues rise by 25.5% year on year to top £23.5 million, helped in part by the recent line up of ratings-winners and movie premieres screened by the broadcaster.Amongst the shows behind Five’s success in February was American sitcom and Friends spin-off, Joey. The series broke Five’s non-film and… Continue reading Television Market Round-Up – February 2005

London mayor, Ken Livingstone, has opened the bidding for the creation of an afternoon freesheet in the capital, ending the exclusive contract held by Associated Newspapers for sole distribution of the Metro newspaper within London Underground stations.Livingstone revealed that a notice will be placed in the Official Journal of the European Union next week seeking… Continue reading Livingstone Opens Bidding For London’s Afternoon Freesheet

Five performed admirably throughout February, seeing its revenues rise by 25.5% year on year to top £23.5 million, helped in part by the recent line up of ratings-winners and movie premieres screened by the broadcaster.Amongst the shows behind Five’s success in February was American sitcom and Friends spin-off, Joey. The series broke Five’s non-film and… Continue reading Television Market Round-Up – February 2005

The BBC has announced the details of the second wave of job cuts to hit the Corporation, first announced last week, with the number of redundancies rising to 2,050, representing a 13% reduction in headcount across the broadcaster’s content and output divisions.The cuts will generate £221 million a year across the BBC’s output departments by… Continue reading BBC Redundancies Grow As Thompson Seeks Savings

The daily national newspaper market as a whole saw a dip in readership in the six months to December 2004, according to the latest data from the National Readership Survey.However, despite a number of dips in circulation, several titles managed to avoid decline and, in some cases, add substantially to their readership towards the end… Continue reading NRS National Newspaper Round-Up: December 2004

Both the BBC and ITV saw their weekly share of viewing slip in all homes during February, with ITV losing 2.6% points year on year to push its viewing share down to 22.25%. BBC1 fared better, but still saw its share dip by 0.6% over the same period, pushing its total to 23.7%.BBC2 fared less… Continue reading Television Viewing Round-Up – February 2005

The BBC’s board of governors have approved director general Mark Thompson’s proposal to cut a further 1,500 jobs at the Corporation in order to reduce costs and plough further investment into original programming.The move, made certain at governors meetings over the past few days, could see the number of redundancies escalate to over 3,500, although… Continue reading BBC Announces Second Wave Of Job Losses