US radio advertising is continuing to show slow but steady growth, with July’s figures reporting a 3% rise over the previous year, according to the latest data from the US Radio Advertising Bureau (RAB). This follows 4% growth during June (see US Radio Revenue Strengthens With 4% Growth In June). Local revenues remained flat in… Continue reading US Radio Advertising Rises 3% In July
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The wireless LAN sector is set to benefit from a surge in notebook sales and mobile workers will account for a majority of users in five years time, according to a report from Strategy Analytics. The technology research firm claims that enterprises will comprise 70% of all embedded-WLAN notebook PC sales globally through 2008. It… Continue reading Businesses Waking Up To WLAN Solutions
Global communications network, Aegis Group, has acquired the international research business Censydiam in a deal worth up to £8.75 million. Censydiam is based in Belgium but has offices in six other European countries as well as the US and Hong Kong. The company had revenues of approximately £15.7 million in 2002. Aegis will pay an… Continue reading Aegis Snaps Up Belgian Market Research Firm
Continuing weak advertising conditions in Europe have contributed to a 2.8% decline in first half revenues at outdoor contractor JCDecaux. Revenues came in at £758.2 million, which, when excluding acquisitions and the impact of foreign currencies, is a 1.0% rise over last year. The US was the strongest region, recording double digit growth. This is… Continue reading Weak Europe Mutes JCDecaux’s First Half
Cable firm Telewest Communications has finalised restructuring plans and agreed a debt-for-equity swap that will leave shareholders with just 1.5% of the company. Protracted talks with bondholders, notably W.R.H Huff Asset Management, Liberty Media and IDT Corporation, have resulted in a deal which will see £3.5 billion of Telewest debts exchanged for shares. The refinancing… Continue reading Telewest Agrees Restructuring Deal
Trinity Mirror chief executive Sly Bailey has received a vote of support from an unlikely source as she presses ahead with her revamp at the newspaper publisher. Tweedy Browne, a New-York based investment firm, which holds a 5.5% stake in Trinity, told the Financial Times that there were signs that Bailey was “making the right… Continue reading Bailey Wins Approval For Trinity Strategy
Ulster Television (UTV) continued to outperform the ITV Network in advertising revenue growth during the first half of the year, reporting a 1% rise in airtime revenues, as against ITV’s 5% decline. This pushed UTV’s share of total ITV revenue up to a record 2.4%. Ulster TV has consistently outperformed its ITV franchise peers for… Continue reading Ulster TV Continues To Outperform ITV In First Half
Stronger than expected activity in the US and a slight upturn in Europe has prompted ZenithOptimedia to raise its full year forecast for global advertising expenditure. However, the revision was small and the outlook is for modest growth moving into 2004. Analysts estimate that the ad market will grow to the tune of 3.2% this… Continue reading Zenith Sees Signs Of Recovery In Ad Market
DSL has long been regarded as the killer application that will drive up fixed line revenues but a new report from Ovum suggests that it will not generate the financial windfall envisaged by the telecommunications industry. According to the study, The financial prospects for DSL, operators providing standard Digital Subscriber Line (DSL) services will be… Continue reading DSL Is Not The Golden Egg For Telcos, Says Report
On the eve of the new Champions League season, Vodafone has acquired the wireless rights to the competition for the next three years in twelve countries. Under the terms of the deal, the mobile giant will offer customers a range of content including near-live video clips from games, historic clips of UEFA Champions League matches,… Continue reading Vodafone Buys Wireless Rights To Champions League