UTV Media, owner of talkSPORT and the Northern Ireland ITV franchise, saw pre-tax profits fall 30% to £7.8 million in the first half of the year.
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The Local Radio Company is to delist from the London Stock Exchange at the end of September to save money while it continues to restructure the business.
US local and national radio ad revenue sank 25% in the second quarter of 2009, to $3.4 billion, according to the Radio Advertising Bureau.
James Cridland is to stand down from his role at the BBC’s Future Media and Technology’s Audio and Music unit on September 2.
Specialist radio company UBC Media has bought radio and internet marketing business Radio Lynx for £2.4 million.
Premier Radio is set to launch a national version of its Christian DAB station on September 21.
Tickets for MediaTel Group’s ‘Future of Radio’ seminar are available at a credit-crunch busting £99 for those who book by next Friday (28th August).
Absolute Radio has unveiled plans to launch a new live music station under the name Absolute CTRL.
Stephen Timms has been confirmed as the man in charge of the government’s Digital Britain vision.
Google has sold its automated technology for broadcasting radio adverts to software company WideOrbit.