Airtime revenues at GWR Group are forecast to be flat for the six months to 30 September, slightly behind the trading at Capital Radio, which saw a rise of 2% over the same period (see Capital Radio Sees 2% Revenue Decline, Tarrant Stays). In a trading statement today, GWR says that UK like for like… Continue reading GWR Revenues Stay Flat In First Half

The troubled media giant, Vivendi Universal has vowed to look to the future as it bids to reduce the huge debts built up by former chief executive, Jean-Marie Messier. Current boss Jean-René Fourtou has committed the company to an asset disposal programme that is designed to raise E12 billion over the next eighteen months. He… Continue reading Vivendi Unveils Asset Disposal Plans

Chrysalis Radio is in advanced discussions to take control of LBC’s owner, London News Radio, from GWR Group, the group has confirmed this afternoon. No figure was cited in Chrysalis’ statement, but press reports speculate that the group will pay in the region of £25 million for LNR. However, the acquisition would be part of… Continue reading Chrysalis To Swap Galaxy 101 For London News Radio

Radio content and programme producer UBC Media Group this morning said that its revenues are expected to be up by 20% year on year for the six months to 30 September 2002. Growth has been particularly strong at Classic Gold Digital, with revenues up 58% to around £2.2 million. UBC acquired the Classic Gold business… Continue reading UBC Figures Show Positive Radio Revenue Growth

People who use the internet at work spend more time and money online than those who access the web from home, AdAge reports. A new survey released by Avenue A, a Seattle based advertising and media agency, reveals that internet media consumption is 22% higher among work users than for home-only users. Of those surveyed,… Continue reading Work Internet Users Are Biggest Spenders, Study Finds

With Christmas exactly three months away, online retailers are turning their attention to the festive season and the Interactive Media in Retail Group (IMRG) has sought to convince the public that internet shopping is cheap, hassle-free and above all secure. It is estimated that more than 10 million people in the UK will shop online… Continue reading UK Industry Group Predicts Online Christmas Bonanza

Gradually improving trading figures are expected from the UK radio sector, even though there may be no significant recovery just yet, according to analysts at Merrill Lynch. Trading figures from GWR and Capital Radio are to be released tomorrow and are predicted to reveal improving growth (or lessening decline), mainly due to more easy comparisons… Continue reading Insight Analysis: UK Radio Sector Update

Although sales of stand-alone Personal Video Recorders (PVRs) have been sluggish until now, there are signs that the technology is starting to enter the public conciousness. A new report from Informa Media Group forecasts that the number of PVR households worldwide will total 2 million at the end of this year and rise to 24… Continue reading PVRs To Emerge As A Force, Says Informa Media

The consensus of a number of recent key advertising forecasts puts 2002 global growth at -0.5%, rising to 2.8% in 2003. These figures are compiled from an average of the most recent forecasts from Lehman Brothers, Zenith Optimedia, Aegis and Merrill Lynch. The consensus for European growth is -2.5% this year and 2.4% in 2003.… Continue reading Insight Analysis: Global And Regional Advertising Forecasts Comparisons

The cost of high-speed internet access is prohibitive and a big turn-off for a majority of users in the US, claims a new report from the Office of Technology Policy (OTP). Although the service is now available in most parts of the country, only one in ten of those with internet access uses a broadband… Continue reading Broadband Too Expensive In The US, Says Report