Shares in Radio First, operator of the football club-based Fan Radio Network, have been delisted from the AIM today after the group failed to release its interim financial results on 31 December 2002. Radio First is in discussions to acquire an overseas media group in a deal which would allow the combined business to secure… Continue reading Radio First Shares Delisted As Overseas Acquisition Is Delayed
ARCHIVE ▸ The Media Leader Staff
December brought a flurry of prognostications from the world’s leading advertising forecasters, all predicting a return to positive growth globally in 2003. An INSIGHT-compiled consensus of this latest round of figures puts worldwide ad growth at 3.4% this year, following a 0.2% consensus rise in 2002 (see Insight Analysis: Global And Regional Advertising Forecast Comparisons).… Continue reading Insight Analysis: Media Healthcheck – December 2002
The merger of Carlton and Granada to form a single ITV would not be detrimental to advertisers, according to the UK’s largest media buying agency Carat. Regulators are expected to scrutinise the proposed £2.6 billion merger (see Carlton/Granada Move Closer To £2.6bn Single ITV Company), following concerns that a combined Carlton and Granada – controlling… Continue reading Carlton And Granada Merger Gets Agency Backing
US radio advertising revenue is forecast to grow by 5.3% in 2003, with national advertising continuing to out-pace local, according to analysts at Merrill Lynch. This is an outperformance of the broader advertising market forecast, for which Merrill predicts 4.0% growth, and is a slight increase on the 5.2% 2003 growth that the broker forecast… Continue reading US Radio Advertising Set For 5.3% Growth In 2003, Says Merrill Lynch
The perception that broadband services are too expensive to inspire mass adoption is supported by a new study from Reed Electronics Research. Following analysis of fourteen European countries, it was found that the ‘trigger’ price necessary to encourage widespread take-up of broadband was E39 or £25 per month. As a point of reference, BT’s standard… Continue reading Broadband Prices Must Come Down, Says Study
Gannett has emerged as the successful suitor to SMG’s publishing division, with an offer that values the titles at £216 million, the two groups announced during the Christmas period. US group Gannett, owner of the Newsquest regional newspaper group in the UK, had all but secured the deal in December when reports emerged that SMG… Continue reading Gannett Secures SMG Publishing Deal For £216m
Michael Bungey, CEO of global marketing group, Cordiant Communications, is to step down from the post at the end of this year, handing the role to David Hearn with effect from 1 January 2003. The hand-over comes as part of a broader reorganisation of the Bates Group, Cordiant’s parent company, which began in September this… Continue reading Hearn Replaces Bungey As Chief Of Cordiant Comms
Independent News & Media (INM), the international media group and publisher of the Independent newspaper in the UK, says that advertising visibility has improved following strong trading in the fourth quarter and that circulation revenues remain very buoyant. INM’s global operating base, covering five primary markets in Ireland, Australia, New Zealand, South Africa and the… Continue reading Independent News & Media Sees Improving Ad Visibility
Ulster Television (UTV) has acquired the entire issued share capital of City Broadcasting, the operator of Lite FM, a radio station based in Dublin, the group announced this morning. UTV will pay Â14.0 million (£9.0 million) for the business and will also assume liability for Lite FM’s Â1.3 million debt. Lite FM is the most… Continue reading Ulster TV Acquires Dublin’s Lite FM
Advertising page volumes in the business-to-business (B2B) hi-tech publishing market decreased by 15.6% in November, according to the latest figures from United Business Media’s (UBM) CMP Media. Within this market, CMP saw a decrease in its volumes of 9.9%. In the calendar year to November, the sector’s ad volumes dropped by 31.6%, whilst CMP fell… Continue reading Hi-Tech Publishing Market Ad Volumes Fall 16% In November