GWR, owner of radio station Classic FM, has said that following a strong start to the year, revenues for the first six months are expected to grow by 3% year-on-year. However, revenues in the second quarter, especially during August, were slower than anticipated and as a result its analogue sector, which generate 92% of group… Continue reading GWR Confident Over Revenue Prospects For the Year

Classic FM’s managing director and programme controller, Roger Lewis, is leaving the GWR-owned radio station at the end of next month to join ITV.News of his departure comes on the morning that GWR and Capital agree the terms of their proposed £711 million merger, which will see the creation of the UK’s largest commercial radio… Continue reading Classic FM Loses Managing Director To ITV

IPC Media’s weekly celebrity magazine, Now, has teamed up with mail order specialists Freemans to launch a joint marketing initiative.The market-leading title will this week begin targeting the catalogue’s customers with a specially created email marketing campaign featuring a mixture of special offers and competitions designed to drive sales.A ‘test cell’ of Freemans customers will… Continue reading Now Partners Freemans In Joint Marketing Initiative

MegaPoster has seen off tough competition from rivals Clear Channel and Blow-Up Media to secure the giant-banner advertising contract for Edinburgh.The three to five year deal gives MegaPoster exclusive rights to install giant banners on suitable properties undergoing refurbishment in the city. It is expected that up to twelve new advertising sites will be erected… Continue reading MegaPoster Beats Rivals To Edinburgh Banner Contract

ITV has secured an exclusive licensing agreement with Warner Brothers International Television Distribution for the rights to show a range of high-profile Hollywood movies across its family of channels over the next few years.The deal will give the UK’s largest commercial broadcaster access to feature films from Warner Brothers’ recent theatrical slates including titles such… Continue reading ITV Secures Rights To Show Blockbuster Movies

The internet and television have come out on top as the two top media choices for those aged 18 to 54, with well over two-thirds of people saying that they would choose these over radio, newspapers and magazines as forms of entertainment. The Online Publishers Association Generational Media Study was designed to examine how the… Continue reading Internet And Television Come Out As Top Media Choices

The Advertising Association has revised downwards its advertising expenditure forecast for 2005 from 4.9% to 4.4%, as signs of weakening consumer confidence takes hold, which could suggest a slow down in economic activity. As previously forecast, internet advertising is expected to be the fastest medium, however, expectations have been down-scaled since July’s update which predicted… Continue reading AA Downscales Its 2005 Ad Expenditure Forecast

Britain has emerged as one of the fastest growing markets for broadband internet access, with new research showing that by the end of 2005 there will be more than 8.2 million broadband subscribers in the UK. The latest figures from Informa Telecoms Group’s Baskerville unit show that nearly 5.6 million of these will be connected… Continue reading One In Five UK Homes Now Have Broadband Access

Publishing group, Highbury House Communications, announced this morning that it will fail to meet expectations this year and as a result will not be paying an interim or final dividend, despite seeing a 24% jump in revenue during the first half of 2004. The group, which predicted a 27% year-on-year growth in profits from January… Continue reading Highbury House Admits It Wont Be Able To Meet Full-Year Expectations

Outdoor advertising group, Maiden, has saw pre-tax profits for the first half of 2004 climb by a staggering 75%, reflecting the continued growth in the outdoor market. From January to June this year, pre-tax profits reached £2.1 million, as strong advertising bookings continue, with 100% of last year’s total revenue already scheduled in. Turnover was… Continue reading Maiden’s Profits Benefit From Strong Outdoor Ad Market