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

EMAP says that its year-end financial results – to be released on 29 May – will be in line with market expectations and that it has received a number of approaches regarding its US business, EMAP USA. The statement comes at a time when many media-related companies are issuing profits warnings and tightening belts ahead… Continue reading EMAP Receives US Approaches, Cuts Digital Spend And Sees Year-End In Line With Expectations

The Independent Television Commission (ITC) has published its new style annual report for 2000. Designed to meet the needs of the increasingly diverse structure of TV broadcasting, it also anticipates the governments new requirements in the Communications legislation (see Newsline). Introducing the report, chairman Sir Robin Biggam outlined the steps the ITC is taking to… Continue reading ITC Annual Report And Accounts 2000 Published

Outdoor advertising contractor Maiden says that it has started the year well, thanks to a growing move by advertisers toward the outdoor medium and the benefits of earlier investment. Maiden says that despite a nervous advertising environment, bookings for the first quarter are up 22% on last year and first half bookings have already reached… Continue reading Maiden’s Outdoor View Is Good

SMG yesterday acquired a further 136,000 ordinary shares in Scottish Radio Holdings (SRH), representing in total 0.4% of the company’s issued share capital. These shares were acquired at 1,365p per SRH share and represented a total consideration of £1.9 million. As a result, SMG now owns a total of 9,729,361 ordinary shares in SRH, representing… Continue reading SMG Takes Scottish Radio Interest to 29.5%