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Radio First this morning said it will launch all four of its planned football club digital radio stations during the 2001/2002 football season. The group has secured £3.5 million of funding through a private placing and has signed a five year carriage deal with BSkyB for the digital stations (see Radio First Confirms 5-Year Deal… Continue reading Radio First To Launch Football Club Stations Next Season

Stock in Carlton Communications tumbled this morning after three brokers downgraded their earnings forecasts for the group. By late morning Carlton shares were down 27½p (6.6%) at 387½p. ABN Amro has reduced its full year profit before tax forecasts by 5.5% to £246 million. The downgrade is partly due to the timing of the sale… Continue reading Carlton Stock Free-Falls Following Trio Of Downgrades

Radio advertising revenue in the US fell by 6% in February when compared to the same month last year, according to new figures from the US Radio Advertising Bureau. In February 2000, revenues showed a 22% increase on 1999, mainly due to the dotcom marketing boom, which was in full swing at that point. Mirroring… Continue reading US Radio Revenues Down 6% In February

Scottish Radio Holdings this morning said that radio advertising levels will have fallen 4% year on year for the six months to 31 March, due to recent weaknesses in national ad revenue. However, it says that thanks mainly to acquisitions last year, group revenue will rise by 19% to £40 million. Excluding acquisitions there is… Continue reading Acquisitions Will Help Boost SRH Revenues

Dot com layoffs in the US have decreased for the second month running, down to 9,533 in March, from 11,649 in February and 12,828 in March according to US recruitment company Challenger, Gray & Christmas. Although this trend is set to continue this is thought to be due to a decline in numbers employed rather… Continue reading Dotcom Job Losses Decline In US

Publishing group EMAP yesterday announced that it would be cutting back its internet operations to the tune of £10 million, on top of a slash in digital investment announced earlier in the year (see EMAP Receives US Approaches, Cuts Digital Spend And Sees Year-End In Line With Expectations). The group also said that financial results… Continue reading EMAP Trading Statement – Reaction

According to new research from Cahners In-Stat sales of internet appliance will soar by 40% – rising from $219m last year to $1.3b in 2005. Much of this growth is expected to occur outside Western Europe and North America where pc ownership is high. The two categories of products, as defined by Cahners, are internet… Continue reading IA Market Set For 40% Growth

According to new research from Forrester, “portals, invading retailers and local grocers” will drive the growth of retail ecommerce in Southern Europe. Currently, countries such as Portugal, Spain, Italy and Greece are lagging behind the rest of Europe when it comes to B2C commerce, the online population in these countries is relatively small and users… Continue reading B2C In Southern Europe Set For Growth, Says Forrester

Latest figures from Jupiter MMXI reveal that amount of time Europeans are spending on the Internet from home has increased significantly in the last nine months. Latest trends show that not only more and more people are logging on to the Net from home every month, but they also use it more and more each… Continue reading European’s Online Time Increases