UK publishing group, United Business Media (UBM) announced yesterday its plans to voluntarily cut its US share listing, to take effect at the close of trading on 22 March 2005. The decision comes amidst weak trading in North America, and will see the company de-list from the Nasdaq national market and terminate its American Depositary… Continue reading UBM Cuts US Share Listing

ITV franchise, Ulster TV has announced the acquisition of LMFM, a local radio station in the Republic of Ireland, for almost £7 million. This will see the company radio portfolio increase to include Drogheda in County Louth. Ulster TV enjoyed a strong financial performance in 2004 with pre-tax profits for the first six months of… Continue reading Ulster TV Expands Radio Portfolio With LMFM

The latest analysis of the World Broadband market indicates that broadband subscriptions have risen by 53% year on year to reach 136.4 million by 30 September 2004, an increase of 47 million lines in real terms. If growth rates continue at the current rate, worldwide broadband subscribers will exceed 150 million before the end of… Continue reading Worldwide Broadband Lines Exceed 150 Million

Independent News and Media has revealed a strong performance during 2004, with the company seemingly unfazed by rival the Times‘ decision to compete on a totally-tabloid basis earlier this year.In a pre-close trading statement issued today the company predicted a successful 2005, announcing that overall group circulation revenues are expected to be up 10% year… Continue reading Independent Profits Rising Despite Times Competition

Media communication and market research group Aegis Group Plc has today announced, in their pre-close trading statement, a positive performance in 2004 and a strong outlook for 2005, resulting in a share price increase of 3.23%, to close at 103.75p in yesterday’s market. The Group had a successful past 11 months and the Board is… Continue reading Strong 2004 And Future For Aegis

Independent News and Media PLC has had a positive 2004, according to their pre-close trading statement, enjoying strong revenue growth and an expected 10% increase in group circulation revenue year on year. All of the companies major markets, Australia, Ireland, New Zealand, South Africa and the UK have seen impressive revenue growth, with a strong… Continue reading Independent Prepares To Close Book On Successful 2004

Sales of digital televisions (DVTs) in the US look set to reach the 27.05 million mark by 2008, increasing by 20.08 million, from 6.97 million units in 2003, according to the Consumer Electronics Association (CEA). The total number of DVT units sold so far this year is 6.3 million, with almost 844,000 units sold in… Continue reading US Digital TVs To Top 27 Million By 2008

UK magazine publisher Highbury House Communications has today issued a trading update of their expected results, outlining a weak performance in the second half of the year that did not live up to expectations published in its interim statement in September. As a result, the Group’s share price dropped by 1.13% to 6.62p. The Group… Continue reading Highbury House Has Disappointing Second Half Of Year

American television distributor, Liberty Media International (LMI) has sold its stakes in Belgium cable company Telenet and Irish cable company Chorus Communications to its UnitedGlobalCom Inc subsidiary. Telenet, Belgium’s largest cable operator with about 2.5 million subscribers, was sold for approximately $143 million, of which $121 million was paid to LMI. UnitedGlobalCom Newco now owns… Continue reading Liberty Media Sells Cable Stocks

The US looks set to spend $7.6 billion on online advertising by the end of 2004, with Europe on target to hit $2.8 billion, says research analyst Jupiter Research. With growth rates outperforming all other advertising channels, 2004 has been a extremely positive year for the online media industry, with investment in online advertising and… Continue reading Strong 2004 For Online Advertising