The latest long-term forecasts from the AA indicate that consumer magazines will enjoy a healthy decade to come with a predicted revenue increase from £655m in 1999 to £1096m in 2012 According to the report “consumer magazine share [of total advertising] is forecast to rise at the expense mainly of television and newspapers, with the… Continue reading AA Predicts Healthy Outlook For Magazines

The Radio Authority has awarded the local digital multiplex licence for the Humberside area to the sole applicant, Emap. Delivering digital radio services to a population of up to around 700,000, the group will broadcast a total of eight programme services. Included in the line-up are contemporary hits from Viking FM, dance music from Kiss,… Continue reading Emap Bags Humberside Digital Licence

The growth of online business-to-business (B2b) trading Europe is being hampered by legal worries, according to a new report from Forrester Research. The study found that there is currently insufficient security legislation in Europe that applies to corporate users. E-marketplaces, for example, are not required to run online security layers or even to guarantee that… Continue reading European Online B2B Trading Hampered By Security Worries

YesterdayÂ’s annual financial results were received positively by brokers, helping the group to close up 46p at 1,145p by the end of trading. EMAP has been given a Buy rating by Deutsche Bank and Credit Lyonnais and an outperform rating by Schroder Salomon Smith Barney. These all follow yesterdayÂ’s results, which included details of a… Continue reading EMAP Results – Reaction

Cable group Telewest has announced the extension of its cable network with the acquisition of Eurobell for £200m. The company, owned by Deutsche Telekom, is one of the last independent operators in the UK and supplies telephone, internet, data and cable television services throughout the south of England. According to latest figures Eurobell had 336,600… Continue reading Telewest Buys Eurobell For £200m

Channel 4’s plans for a racing channel were revived today when it announced the submission of a £750m bid for the broadcasting rights to Britain’s 59 racecourses, as part of a consortium with BSkyB and Arena Leisure. Under the name of Go Racing, the three have this morning presented a rights proposal to racecourse executives,… Continue reading C4’s Racing Plans Back on Track

The battle for Express Newspapers moved up a notch yesterday when the Hinduja brothers formally submitted a bid of more than £120m for the group. Described as “aggressively priced”, it was lodged in response to a similar offer from the Daily Mail & General Trust, and it is believed that a full-scale auction for the… Continue reading Hindujas and DMGT Go Head-To-Head For Express

Trade and industry secretary Stephen Byers has cleared all three bid proposals for regional newspaper publisher Regional Independent Media. Byers said that a transfer of RIM’s newspaper titles to either Gannett, Johnston Press or the Guardian Media Group would not operate against public interest. The three put forward bid proposals for RIM, which owns the… Continue reading Byers Clears RIM Bid Proposals

Trinity Mirror has today announced the acquisition of Southnews for £284.6m. The combination of the two regional newspaper groups will increase Trinity’s presence in the South East of England, a lucrative area for advertisers. Under the deal Southnews shareholders will each receive £12.00 per share in cash, a premium of 57% on yesterdayÂ’s closing price.… Continue reading Trinity Mirror Buys Southnews For £284m

A new report by Jupiter Media Metrix indicates that America’s dominance of the Internet industry may be slipping. The study, which covers markets in Australia, the US, Germany, France, and the UK, estimates that 245 million households worldwide will be online by 2005. It also predicts that the vast majority of growth, as well as… Continue reading US Dominance Of Net May Be Slipping