Clear Channel Outdoor UK has been awarded a long-term contract to supply and maintain street furniture in Glasgow.The contract covers more than 300 ad panels on FSUs across the city, as well as the provision of a pedestrian tourist sign system incorporating more than 200 map and information panels and finger posts.Barry Sayer, Clear Channel… Continue reading Clear Channel Wins Glasgow Street Furniture Contract

Last week saw Virgin Media extend the deadline for receiving formal takeover proposals, saying it is delaying the sale of the company to give buyers time to make proposals “in a more stable debt market”.As well as announcing the deadline extension (Full Story), Virgin Media also revealed that its operating income for the three months… Continue reading Media In The City: Virgin Media Extends Bid Deadline

thelondonpaper remained ahead of its rival afternoon freesheet the London Lite in July, enjoying a month on month increase in circulation of almost 54,000 copies to take its total distribution to over 550,400.The London Lite‘s circulation now stands at almost 400,600, after the title’s circulation rose by more than 12,100 copies.Paid-for title the Evening Standard… Continue reading thelondonpaper Stays Ahead Of London Lite

The big City news last week was Dow Jones agreeing to a takeover by News Corporation in a deal worth approximately $5.6 billion (£2.8 billion).The deal followed months of wrangling, with the News Corp offer of $60 per share eventually being accepted by the Bancroft family, who control 64% of Dow Jones voting stock (Full… Continue reading Media In The City: Dow Jones Agrees Takeover

Text messages will be obsolete within the next five years, according to new research from Gartner.Although there are currently 114 million text messages sent daily in the UK, Gartner says that due to wireless internet technology coming down in price, more mobile phone handsets will include online technology and therefore more users will move from… Continue reading Text Messaging To Be Obsolete Within Five Years

The latest edition of ZenithOptimedia’s UK Television Forecasts to 2012 predicts that the television ad market will stop shrinking this year, and start growing again – if at a modest 2% a year – in 2008.Television will however grow for only 1%-2% a year for the rest of the forecast period, and its market share… Continue reading UK TV Ad Market To Grow

Last week saw a flurry of financial activity as several companies released their results, with BSkyB and BT amongst them.BSkyB announced that its full year revenue increased by 10% to £4.5 million, with an annual operating profit of £815 million (Full Story), whilst BT’s first quarter results showed that its revenue was up 3% to… Continue reading Media In The City: BSkyB Announces Revenue Increase

Guardian Media Group Radio has created a £1 million fund to invest in new programming initiatives for its range of brands across the UK.In what is believed to be the biggest single investment in content in commercial radio, the newly created budget will be aimed at anyone who has a great programming idea. In particular,… Continue reading GMG Creates £1m Programming Fund

Last night saw the final episode of ITV1’s business reality show Tycoon, which finished with a peak of 1.4 million viewers (a 7.4% audience share).The series, which had been seen as a contender to BBC One’s Apprentice, started out as an hour-long show on Tuesdays at 9pm but began with poor viewing figures – an… Continue reading Tycoon Finishes On A Low

Broadband adoption amongst European silver surfers (55 years and over) is growing at a faster rate than the average European internet user (26% year on year growth compared to 14%), according to new research from the European Interactive Advertising Association (EIAA).The EIAA report also shows that 68% of all European internet users aged 55+ now… Continue reading Silver Surfers Catching Up With Youth Online