The board of the Scottish Media Group (SMG) has confirmed that it has acquired 4.9 million shares, or a 14.9% stake, in Scottish Radio Holdings (SRH) this morning. SMG’s broker is said to be acquiring further shares in the market, but there is no intention at present of making an offer for SRH in its… Continue reading SMG Acquires 14.9% Stake In Scottish Radio Holdings

The board of Scottish Radio Holdings has advised its shareholders to take no action following today’s announcement that SMG is to raise its stake in the group. It is believed that SMG’s move may lead to an auction for the company and the board has told its shareholders to cease trading shares in the group… Continue reading Scottish Radio Tells Shareholders To Hold Back

News International’s stable of newspapers has begun to tighten its belt as fears over a slowdown in advertising revenue mount. According to reports in the Financial Times, executives at the Times, the Sunday Times, the Sun and the News of the World have set out a budgeting programme which includes a freeze on new hirings.… Continue reading Ad Slowdown Fears Hit Newspaper Publishers

Around 16.3% of French adults are now online, compared with 11.6% last year, according to new figures from Médiamétrie. The research also shows that around 35% of users go online on a daily basis, up from 28.1% last year. More than half (54.2%) access the Net from home, with 34.9% using access through work. The… Continue reading 7.6m French Adults Online

Around 30% of UK-based dotcoms were in profit last year, with over 50% expecting to be in profit this year, according to the findings of a new NOP survey. Contrary to the recent adverse publicity surrounding dotcoms, the first wave of NOPÂ’s recently established DotCom Panel paints a picture of entrepreneurs as relatively optimistic about… Continue reading Dotcoms Optimistic About Their Future

News International’s stable of newspapers has begun to tighten its belt as fears over a slowdown in advertising revenue mount. According to reports in the Financial Times, executives at the Times, the Sunday Times, the Sun and the News of the World have set out a budgeting programme which includes a freeze on new hirings.… Continue reading Ad Slowdown Fears Hit Newspaper Publishers

Use of the internet by business to purchase supplies and equipment is on the increase in the US, according to new research by American Express. Around 40% of mid-sized US firms are already buying online and of those not doing so, 37% plan to within the next twelve months. Primary advantages of using the Net… Continue reading US Firms Turn To Net For Equipment And Supplies Orders

The internet – everyone’s favourite millennial next big thing – may not be making the monumental impression on society first predicted, according to a report which takes in 22 different research projects across Europe and the US. More worryingly for dotcom millionaires-in-waiting, a new category of surfer has been added to silver surfers, teen surfers… Continue reading E-revolution Proving Slow To Materialise, Says Report

Online consumers in the US plan to buy more gifts over the Web this holiday season than the last, according to research by PC Data. The survey found that online consumers intend to purchase 38 percent of their holiday gifts online, up from 25 percent in 1999. Almost half (47 percent) of their gifts will… Continue reading Christmas Online Trading Boom Expected In The US

This week Virgin Radio unveiled plans to launch four new standalone radio brands that will be broadcast exclusively over the internet. The stations offer Virgin listeners music selections alternative to the playlist used on the main Virgin station. Virgin has also embraced the net by selling advertising specifically on its web broadcasts. The introduction of… Continue reading Insight Analysis: Radio Goes Online To Net More Listeners