Ulster TV has approved its offer for the Wireless Group (TWG) at an extraordinary company meeting, held yesterday. UTV made a bid for TWG group in April, offering £98.2 million for the group, equating to 91 pence in cash for each Wireless share (see UTV Offers £98.2 Million For Wireless). UTV directors believe that the… Continue reading UTV Approves Bid For TWG

Internet advertising in the US totalled over $2.8 billion for the first quarter of 2005, resulting in the highest reported quarter in nine consecutive growth quarters. According to the latest figures released by the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC), Q1 2005 revenues represent a 26% increase over Q1 2004 and a 4.3% rise… Continue reading US Online Adspend Hits $2.8 Billion In Q1 2005

Japan is leading the Asia-Pacific region in the retail e-commerce division, with sales of $38.4 billion in 2004, making it roughly one-third the size of the US market, according to eMarketer’s new Asia-Pacific E-Commerce report. South Korea was shown to reach sales of $6.3 billion in 2004, with China and Taiwan tied third, each with… Continue reading Japan Leads Asia-Pacific For E-Commerce

National youth channel, SUBtv, has announced the launch of a new MMS-to-screen facility offering advertisers another way to reach young audiences, with SMS campaigns possible through the new system.Students will be able to send an image of up to 150 characters, which will be displayed on the SUBtv plasma screens installed at 85 universities across… Continue reading SUBtv Launches MMS To Screen Facility

Big Brother carried out its first eviction of the series on Friday, with the two-part show attracting a peak of 5.3 million viewers as white witch, Mary, left the house.The show’s first half, aired at 9pm, saw a peak audience of 4.5 million tune in to hear the result of the public eviction vote. However,… Continue reading Big Brother Beats Love Island As BBC Stays On Top

Ofcom has revealed the shortlisted bidders for the new FM licence in the Swindon area, with Moonraker FM, Now FM, Radio Swindon and Swindon FM all having applied for the rights to broadcast to the region’s adult population of 150,000.The exact coverage of the new station will be determined by the location of its transmitter… Continue reading Ofcom Reveals Swindon Radio Bidders

Speculation surrounding a merger between cable giants Telewest and ntl continues to mount, with reports this morning suggesting that US media-owner, Viacom, could bid for Telewest’s Flextech television business, owners of Living TV, Bravo and Challenge. The company also holds joint ownership with the BBC of the UKTV network of channels, including UKTV Gold and… Continue reading Viacom In Frame For Flextech Sale

Global wireless mobile phone subscriber growth is currently experiencing robust expansion after several years of slower growth, stemming from the economic downturn of the last few years. According to high-tech market research firm, In-Stat, the worldwide wireless market is forecast to grow to more than 2.3 billion subscribers, with an increasing battle for supremacy among… Continue reading Global Wireless Market Expanding

The US radio industry had a slow April, with national radio advertising expenditure falling by 2% and local radio adspend being flat compared to the same period in 2004. According to estimates by the Radio Advertising Bureau, April was the worst month in terms of national radio advert demand so far this year, reflecting the… Continue reading US Radio Industry Slow In April

Scottish Media Group (SMG) has released an upbeat trading statement showing progress in both operational achievements and trading performance, with its television, radio, cinema and outdoor advertising departments all thriving.In the company’s annual general meeting, Chris Masters, SMG’s chairman, revealed that Virgin Radio’s listening performance had grown by 20% compared to last year, with its… Continue reading SMG Continues To Perform Strongly