Richard Desmond, owner of Express Newspapers and Lord Rothermere’s Daily Mail & General Trust could be ruled out for the race to buy the Telegraph Group amid concerns they could face investigation by competition authorities. Both newspaper groups have shown an interest in the owner of the Telegraph titles, which is expected to be put… Continue reading Big Guns Could Be Ruled Out Of Race For Telegraph Titles

Revenues at the Wireless Group have risen by 24% during September, October and November, with the company’s flagship talkSPORT jumping by 28%, 42% and 38% respectively. In a trading statement released this morning, the company said that the local radio stations saw revenues up by 11% in September, 23% in October and 19% in November.… Continue reading Wireless Group Shares Rally On 24% Revenue Growth

UBC Media, the UK radio group, says that advertising revenues have shown a marked improvement in the last few months of its first half, but claims that trading conditions remain challenging despite a stronger performance since September. The group managed to reduce its pre-tax losses for the six months 30 September from £1.0 million last… Continue reading UBC Media Sees Ad Revenue Improvements As Losses Fall

Online music sales are unlikely to drive a revival in the music industry and revenues will continue to fall for the time being, according to a study by Informa Media Group. The report, entitled The Global Music Industry, claims that the value of global music sales will drop for the fourth year in a row… Continue reading Record Companies Cannot Bank On Digital Sales

The development of the UK’s digital audio broadcasting (DAB) sector is gathering pace, according to radio station and programme production company, UBC Media. The group today predicted that sales of DAB digital radios will have more than doubled over 2002’s 175,000 by the end of this year. Whilst the sale of 350,000 or so sets… Continue reading UBC Media Puts Faith In Radio’s Digital Future

US television advertising revenues rose by 0.8% in the third quarter of the year, slipping back from Q2’s 5.1% rise (see US Television Revenues Nudge Up 2.1% In H1), according to the latest figures from the Television Advertising Bureau (TVB). Within the total figure, network TV rose by 5.3%; syndicated TV by 17.8% and local… Continue reading US Television Revenues Rise By 0.8% In Q3

The sale of two North London newspapers by Independent News & Media (INM) to Newsquest has been approved by the competition minister Gerry Sutcliffe today. The Hornsey Journal and the North London Weekly Herald can now be sold to Newsquest along with the Islington Gazette. Earlier this year INM agreed to sell its entire portfolio… Continue reading INM Cleared For London Papers Sale To Newsquest

Almost half of all US internet connections will use a broadband service by 2005, up from around 39% this year, according to a report from eMarketer. There will be 36.5 million broadband households in 2005, reaching 83.9 million users – 48.9% of all internet users, according to the forecasts. The remaining 51.1% will still use… Continue reading Half Of US Internet Users Will Take Broadband By 2005, Says eMarketer

US business to business (B2B) print advertising spend was down by just 0.5% year on year in September, according to the latest figures from American Business Media (ABM). This is one of the smallest rates of decline in around three years and will give rise to hopes for a stronger fourth quarter. Across the whole… Continue reading B2B Press Advertising Trends Pick Up In The US

Fixed wireless broadband internet systems are proving an attractive alternative in areas where cable and DSL services are not readily available, according to a new report from Strategy Analytics (SA). Public funding and support from some commercial users are helping to raise hopes that fixed wireless could finally support viable residential services, says SA. The… Continue reading Wireless Residential Could Offer Broadband Alternative