Capital Radio stock tumbled 90p by 1:00pm this afternoon after what investors regarding as a disappointing set of figures emerging from the company’s AGM. The company reported a 12% increase in revenues during the last quarter of 2000 following the successful acquisition of Beat 106 and Century Radio. In today’s meeting Capital said like for… Continue reading Capital Stock Falls Following AGM Statement

After a steady decline since the mid-1950s, cinema attendance in the European Union started to climb again in the 1990s, according to Eurostat. However, despite the growth, the 800 million admissions during 1988 still fall well short of the 1955 peak of 4 billion. The advent of home entertainment technologies – including video and cable… Continue reading Europeans Return To Cinemas

At its Annual General Meeting Scottish Radio Holdings (SRH) today told shareholders that trading for the first three months of the financial year (October to December) showed revenues up 16%, mainly from acquisitions made the previous year. In existing business, however, revenues were flat after a particularly disappointing December when advertising demand turned out to… Continue reading Scottish Radio Revenues Up 16% As Partnership Talks Continue

Talk of an imminent recession has filled the media trade press in recent weeks. AC Nielsen and the IPA disagreed over the extent of the slump but the message from all sides was the same: the next six months will be tough for the sector as a whole. Blame has been laid on excessive dotcom… Continue reading Insight Analysis: Media Sector Slumps After Unparalleled Year Of Deals

BSkyB is preparing to write off as much as £250m of a £301m investment in new media company Sports Internet Group, according to reports. Confirmation of the loss is expected to be revealed when financial results for BSkyB are released next month. Sky made the investment in the firm, which runs official websites for a… Continue reading BSkyB Set To Write Off Millions In Internet Losses

New figures from IDC predict that the esecurity services market, which topeed 1.5 billion in 2000 will exceed $4 billion dollars in Western Europe by 2004. This makes it one of the fastest-growing segments in the European IT services market surpassing current market leaders. “The race to properly secure Europe’s ebusiness networks will be a… Continue reading Europe’s eSecurity Services Market To Reach $4 Billion By 2004

Brokers Warn Of Tough Six Months, Downgrades Media Sector Shares The media sector is about to face a tough six months, according to the latest forecasting report from ABN AMRO. The broker yesterday cut its stance on the sector to “underweight” and downgraded its recommendation on 22 out of 32 media stocks. The reasoning behind… Continue reading Brokers Warn Of Tough Six Months, Downgrades Media Sector Shares

When ITV introduced self-imposed peak time audience share targets early in 1998 the industry was surprised and sceptical at how they could be achieved. Within a few months of the announcement it became clear that ITV intended to remove the News At Ten, replacing it with a later bulletin and opening the way for more… Continue reading Insight Feature: Moving Targets At ITV

Revenues at information services company Reuters rose by 15% to £3.6 billion for the year ended 31 December 2000, according to financial results released this morning. Pre-tax profit rose by 4% from £632 million to £657 million and earnings per share were up 26% at 37.9p. During 2000 Reuters began laying foundations for a new… Continue reading Collapse In Internet Value Does Not Affect Reuters Strategy, Says Chief Executive – 13 February 2001

According to The Media Audit, a syndicated survey of both online and traditional media in more than 80 US markets, the web sites of America’s newspapers are building a commanding lead over other local media web sites. Television and radio are lagging in a market which sees newspapers attracting to their web sites, an audience… Continue reading US Newspapers Winning The Battle For Web Audiences