Commercial radio groups, GWR, Capital and Scottish Radio Holdings have issued trading updates within the last week, with all but SRH painting a depressing picture of radio advertising at the end of 2004.GWR stated that it had been affected by weak trading throughout October and November, but boosted by some growth during December, while Capital… Continue reading Radio Groups Report Mixed Performance At End Of Year

Scottish Radio Holdings (SRH) has issued a positive trading statement to shareholders, for the period October to December, announcing an 11% growth in revenues and a 5% increase in like-for-like revenues. Although the national radio market was challenging in the first quarter, especially during December, SRH reported a strong performance in local radio advertising, with… Continue reading Scottish Radio Holdings Optimistic About 2005

Global advertising company WPP, has won European approval for its $1.5 billion purchase of New York based Grey Global Group, despite industry worries how the merger may affect the market for media buying. The European Commission has today given WPP the go ahead for the acquisition of Grey, clearing the way for Grey shareholders to… Continue reading WPP Approved To Buy Grey

Commercial radio group, Capital Radio plc, has today issued a trading update, saying that the group’s overall revenue has dropped by 4% in the quarter from October to December 2004. The update is reflective of the challenging market conditions faced by the radio industry over the past few months. However, the Group is optimistic that… Continue reading Capital Radio Revenues Down After Slow End Of 2004

Commercial radio group, GWR, has announced a negative trading statement with the Group’s like for like revenues falling by 3% year on year, in the quarter to December 31 2004. The Group was affected by weak trading in the radio advertising market throughout October and November, but boosted by some growth during December. GWR saw… Continue reading Weak Radio Advertising Affects GWR

Market penetration of mobile phone ownership has exceeded 100% in the UK, with the number of mobile handsets currently in circulation greater than the UK’s population, according to data published by the Mobile Data Association (MDA). The total is based on the number of contract and prepay subscriptions, purchased over the holiday season and is… Continue reading UK Mobile Phone Penetration Higher Than Population

Only one in six internet users in the US can distinguish between organic search results and paid search adverts, according to a new study published by the Pew Internet & American Life Project. The report finds that web searchers are “incredibly naive”, with only 38% of users being able to tell the difference between relevant… Continue reading US Internet Users Naive About Search Engines

The Celebrity Big Brother house closed its doors last night as series three drew to an end, with Manchunian music man Bez striding to a surprise victory, watched by a peak of six million viewers.The series enjoyed a strong performance in its last few days, with average audiences of around 4.5 million for the evictions… Continue reading Celeb Big Brother Bows Out With A Bang

Consumer magazine publisher, IPC Media has announced the installation of a new £1 million new Enterprise computer system, revolutionising its current Classified operation.The new technology integrates and streamlines all areas of IPC’s current Classified advertising sales, production and management processes, including order entry, scheduling, pricing, composition, pagination, and other management.Commenting on the new system, Cathy… Continue reading IPC Goes Live On Classified Ad Solution

Radio and magazine Group, Emap has announced a positive trading outlook for January and February 2005, despite an expected “weak” performance within its business-to-business (B2B) unit. The company is confident of achieving its full year expectations, and will issue its pre-close trading update on 30 March of this year. The trading statement, released ahead of… Continue reading Emap Strong Start To 2005, Despite Weak Recruitment Titles