ITV’s 2007 results show that the broadcaster’s revenues from premium rate services were down by £58 million, following the phone-in scandals that rocked television. In its full year statement released today, ITV said that its total revenues in 2007 were £2.08 billion, a year on year fall of 5%. The broadcaster’s profits were £188 million,… Continue reading ITV Reveals Premium Rate Revenues Fall

Five’s revenues reached €499 billion (£383 million) in 2007, a year on year rise of 7.1%. Five parent company RTL said that the channel’s earnings before interest, tax and amortisation were £10 million (£7.69 million). Five group’s share of the net advertising market increased from 8.8% in 2006 to 9.3% in 2007, fuelled by sales… Continue reading Five Revenues Reach €383m

Johnston Press saw a 6.3% fall in profits in 2007, with print advertising falling 2.1% year on year to £401.5 million. The regional newspaper publisher said that while it expects strong digital growth in 2008, a “general lack of confidence” in the advertising markets will be a major influence in 2008. Motoring ads saw the… Continue reading Johnston Press Profits Fall

YouTube plans to offer live channels later this year in an effort to take on traditional broadcasters.The video-sharing site’s proposal would mean that members of the public could report breaking news stories, host their own live shows and performances or set up their own Big Brother-style 24-hour reality channel.Although YouTube has yet to make an… Continue reading Live YouTube Channels To Take On Traditional Broadcasters

Global Radio has made a third and “final” offer for GCap Media, valuing the Capital Radio and Classic FM owner at £370 million.The offer, at 225p a share in cash, is conditional on the recommendation of the board. The offer is around 20% higher than Global’s original offer in December of £313 million.GCap has now… Continue reading Global Radio Makes ‘Final’ £370m Offer For GCap

The IPA has reported an “optimistic” picture for television viewing in 2007, with a slight increase in hours of viewing each day and the continuing expansion of digital viewing.The latest Trends in Television Viewing Report covering the last quarter of the year shows the average number of hours of television viewing each day at 3.63… Continue reading IPA Reports “Optimistic” Q4 2007 TV Viewing Levels

Revenue for commercial radio has increased over 7% year on year for the final quarter of 2007, at over £150.9 million.According to the latest figures from the RadioCentre, radio advertising totalled £598.2 million last year, up 2.8% on 2006.Within the £150 million, national revenue saw the largest growth year on year by 11.4% to £8.3… Continue reading Commercial Radio Records First Full Year Revenue Growth Since 2004

Global Radio has made a an offer of 225p per share in cash for GCap Media, claiming this is the company’s third and “final” offer for the radio giant. This offer, which is conditional on the recommendation of the board, values GCap at £370 million and is around 20% higher than Global’s original offer in… Continue reading Global Makes Final Offer For GCap

The IPA has reported an “optimistic” picture for television viewing in 2007, with a slight increase in hours of viewing each day and the continuing expansion of digital viewing. The latest Trends in Television Viewing Report covering the last quarter of the year shows the average number of hours of television viewing each day at… Continue reading IPA Reports “Optimistic” Q4 2007 TV Viewing Levels

A new report from Informa Telecoms & Media forecasts that by 2012, 909 million homes will have access to true video-on-demand (VOD) or near-video-on-demand (NVOD) technology, representing 78% of the world’s TV homes and generating revenues in excess of US$10 billion. The report, entitled On-Demand TV & PVRs, projects that North America and Europe will… Continue reading Almost 80% of Worldwide TV Homes To Have Access To VOD By 2012