GCap Media has announced that it expects like for like revenue growth to be up 7% in January, with radio advertising also up 7%. In a trading statement released today, GCap said that this “represents an encouraging start to the quarter as the comparable period to 31 March 2007 was the year’s strongest in terms… Continue reading GCap Expects 7% Revenue Growth

The takeover watchdog has given Global Radio five weeks to decide whether to make a second bid for GCap Media. The Takeover Panel has given Global until 5pm on March 5 to indicate a firm intention to make a bid for GCap or it will have to wait another six months. The panel said that… Continue reading Global Radio Gets Five Week Deadline For New GCap Bid

The latest EMS 2007 Winter Survey shows that the most watched pan-European TV channel was Eurosport, with MTV in second place. The survey, produced by Synovate, records international media consumption among the 39 million highest income earners in Western Europe. The 2007 survey shows that Eurosport had a weekly reach of 31.2%, down from 32.4%… Continue reading Eurosport Is Most Watched Channel In Europe

comScore has released its December rankings of the largest and fastest-growing internet properties and site categories in the UK, based on data from the comScore World Metrix audience measurement service. “The Christmas season had a significant impact on the prevailing traffic trends in December,” said Bob Ivins, EVP of European Markets for comScore. “Eight of… Continue reading Fastest Growing Internet Properties In December

New research from Valista, a provider of multi-channel merchandising, payments and settlement solutions, reveals that 36% within the mobile industry believe there are significant opportunities in mobile advertising. Valista added that almost one-fourth show optimism for growth in user-generated mobile content and mobile media. The survey also revealed surprising results about the role of convergence… Continue reading Significant Opportunities In Mobile Advertising

Aegis is reportedly in talks to buy a stake in digital media company i-Level.Last October, i-Level appointed corporate finance advisers at Ingenious Media to advise on a strategic review, which could lead to a sale for around £70 million.According to sources quoted by the Daily Telegraph, Aegis has made it through to the second round… Continue reading Aegis Could Buy i-Level Stake

GCap’s ‘indie’ station, Xfm, is to launch a music podcast featuring 30-second clips of 10 new songs before they are available to buy online.Users will be able to download the clips as part of the New Music Rising podcast every Saturday morning.The service follows a deal struck last year between commercial radio and the PPL,… Continue reading Xfm Launches New Podcast

The Office of Fair Trading has begun its review of the Contracts Rights Renewal (CRR) mechanism, following a long running debate in the industry over the formula.ITV executive chairman Michael Grade has long requested a review of CRR (see ITV Refers CRR To OFT) – which compensates advertisers when ITV1’s audience share dips – a… Continue reading OFT Review Of CRR To Take ‘About A Year’

Yahoo!’s profits fell 23% to $206 million in the fourth quarter, down from $269 million a year earlier. Its full year profits were $660 million, down from $751 million in 2006, while its revenues were $7.0 billion, up 8% year on year. Jerry Yang, co-founder and chief executive officer of Yahoo!, warned of tough times… Continue reading Yahoo!’s Profits Fall

JCDecaux has reported revenues of €2,106.6 million (£1,567.11 million), an increase of 8.2% compared with 2006. High-single or double-digit organic revenue growth was reported in all geographic areas for the year with the exception of France. However, France still showed however a good improvement from the third quarter and achieved overall a satisfactory yearly performance,… Continue reading JCDecaux Revenues Reach €2.1m