Scottish Media Group has now received four offers for Virgin Radio, of between £60 million and £70 million, pushing the group’s share price up. A surprise bid has come from Malaysia’s largest media company, Astro All Asia Networks, with other bidders including Global Radio, which recently offered £313 million for industry leader GCap Media (see… Continue reading SMG Gets Four Offers For Virgin Radio
ARCHIVE ▸ The Media Leader Staff
Yahoo! has restarted talks with AOL about a deal designed to help it avoid a takeover by Microsoft. AOL is believed to have held discussions with Yahoo!’s advisers in recent days to see if an agreement between the two companies is possible. Yahoo! and AOL have held discussions in the past, but failed to team… Continue reading Yahoo! Reopens Talks With AOL
The global broadcast market is expected to experience significant revenue growth, from US$284.1 billion in 2007 to US$326.2 billion by 2010, according to Datamonitor. However, it is expected that growth will only be secured through revenue diversification from value-add and bundled services, including internet service provision, HD content, on-demand solutions, interactive applications and multi-platform distribution.… Continue reading Global Broadcast To Grow To US$326.2bn By 2010
Despite the column inches devoted last year to the rise of Facebook, new figures from Nielsen Online reveal that the fastest growing website in 2007 was actually Beat That Quote. Across 2007, Beat That Quote grew 1,165%, from 31,000 Britons in December 2006 to 392,000 in December 2007. Facebook was the second fastest growing property,… Continue reading Price Comparison Site Growing Faster Than Facebook
The second instalment of new BBC One series Ashes To Ashes had a peak audience of 5.8 million adults (a 26.3% share of viewers) last night.Although this was down from last week’s peak of 6.7 million adults, it was still the most viewed show in the 9pm timeslot.It was up against ITV1’s slightly grittier portrayal… Continue reading 5.8m Tune Into Ashes To Ashes
Yahoo! has sent a letter to shareholders telling them that its current management and strategy will create value in the face of Microsoft’s $45 billion takeover bid. It is now believed that Microsoft is considering its options following Yahoo!’s rejection of its bid (see Yahoo! Rejects Microsoft Takeover Bid), with Facebook mentioned as a possible… Continue reading Yahoo! Says It Can Create Value In Face Of Microsoft Bid
This report on national radio stations has been slightly amended to incorporate the re-release of data from RAJAR for Q4 2007, following weighting irregularities from RAJAR’s contractor RSMB on six monthly reporting stations. Any changes are clearly highlighted in the text and tables (where appropriate).The latest RAJAR figures, for Q4 2007, show that BBC Radio… Continue reading BBC Radio 2 Sees Weekly Reach Decline
GCap Media’s Classic FM has signed Laurence Llewelyn Bowen, Margherita Taylor and Alex James and is introducing a daily jazz show for the first time in its 15-year history.Laurence Llewelyn-Bowen, who makes his radio presenting debut with The Sunday Spa. Starting at 9am, the programme will provide two-hours of laid-back classics.Ex-Blur bassist Alex James returns… Continue reading Classic FM Unveils New Presenters
A problem has been observed with the RAJAR data for Q4 2007 regarding stations reporting on a Half-Yearly basis, due to weighting irregularities from RAJAR’s contractor RSMB.This means that the data is being reissued by RAJAR. The vast majority of Half-Yearly reporting services are marginally affected, with only a minority experiencing more significant changes. The… Continue reading RAJAR Data Re-Issue
Long-running weekly financial magazine, The Business, has been axed and is to be replaced by a new monthly, Spectator Business.Martin Vander Weyer, the Spectator‘s business editor, will edit the new title when it launches in the spring.Barclay brothers’ owned The Business will cease publishing from this week and Press Holdings Media, the company that owns… Continue reading The Business Is Axed In Favour Of New Monthly