Current radio trading in the UK remains uncertain despite a degree of stabilisation in the advertising decline, according to analysts at Merrill Lynch. UK trading appears erratic on a monthly basis with no definitive pick up, says the broker. “March was very strong (possibly boosted by an early Easter) while April was poor (the inverse… Continue reading UK Radio Trading Remains ‘Erratic’, Recovery Expected In H2

European digital television (DTV) will show solid growth over the coming years, despite ‘recent market turmoil’, according to a new report from Strategy Analytics (SA). Despite the high profile failures of ITV Digital in the UK and Quiero in Spain, Strategy Analytics says that digital terrestrial TV (DTT) will continued to play a ‘limited role’,… Continue reading European Digital TV Will Show Solid Growth Despite Setbacks

United Business Media’s US high-tech publishing division, CMP Media, has published advertising data for April which show volumes down 20.7% compared to a market down 36.1%. This is the latest in a trend of decline for the US technology publishing advertising market which has seen volumes fall by 41.1% in the year to date; CMP’s… Continue reading CMP Outperform High-Tech Market, But Ad Volumes Down 21% In April

UK magazine and website publishing group, Future Network, has cleared its debt burden, chairman Roger Parry told the company’s AGM this morning. The news follows a tough financial period for Future which was forced to close publications and reduce headcount in order to make cost savings (see Games Mags Recovery Could Drag Future Out Of… Continue reading Future Network Shakes Off Debt

Rupert Murdoch may be interested in acquiring Vivendi Universal’s pay-TV business, Telepiù, according to a report in today’s Financial Times. The report comes just weeks after Telepiù abandoned its planned merger with Italian pay-TV platform Stream, which is 50% owned by Murdoch’s News Corp (see Vivendi’s Telepi). At the time Telepiù cited the restrictions placed… Continue reading Murdoch May Acquire Telepi

Total UK advertising expenditure fell by 2.6% in 2001, following nine years of uninterrupted growth, according to the latest data from the Advertising Association (AA), as compiled by the World Advertising Research Centre (WARC). Adspend totalled £16.5 billion last year, down from £17.0 billion the year before. After adjustment for inflation this represents a decline… Continue reading AA Data Shows UK Adspend Fell 2.6% In 2001

United Business Media’s US high-tech publishing division, CMP Media, has published advertising data for April which show volumes down 20.7% compared to a market down 36.1%. This is the latest in a trend of decline for the US technology publishing advertising market which has seen volumes fall by 41.1% in the year to date; CMP’s… Continue reading CMP Outperforms High-Tech Market, But Ad Volumes Down 21% In April

Analysts at Lehman Brothers have upgraded their advertising growth forecasts for ITV, following the release of Carlton Communications’ financial results yesterday (see Carlton Profits Hit By Ad Slowdown And ITV Digital Failure). Whilst the results showed advertising down by 13% for the six months to 31 March 2002, the company said that there are now… Continue reading Lehman Upgrades ITV Ad Forecasts Following Carlton Results

Like for like advertising revenues at Carlton Communications fell by 13% year on year for the six months ended 31 March 2002, the company’s results showed this morning. However, the ITV giant says that there are early signs of a recovery in the demand for advertising at present. Pre-tax profit before interest at the company… Continue reading Carlton Profits Hit By Ad Slowdown And ITV Digital Failure

UK consumer advertising is trading well, whilst radio advertising conditions remain tough, according to year-end financial results released by EMAP this morning. The results are pretty much in line with the outlook given in the group’s trading statement in March (see EMAP Says Consumer Mags Revenue Stable, Radio Remains Weak). Pre-tax profit rose by 6%… Continue reading EMAP ‘Cautiously Optimistic’ On Future Trading