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The global entertainment and media (E&M) industry has entered a solid growth phase and will increase at a 6.6% compound annual growth rate (CAGR) to $1.8 trillion in 2010, according to PricewaterhouseCoopers’ Global Entertainment and Media Outlook: 2006-2010. Digital video recorders, along with high definition television (HDTV) and digital television, will enhance the appeal of… Continue reading Solid Growth Forecast For Media Industry

Chrysalis Radio sales is to implement a ground-breaking restructure of its commercial operations, which will see sales groups aligned with media and advertising agency holding company groups.In what is a first for the radio industry, teams from Chrysalis Radio’s airtime sales division and sponsorship and promotions division will be brought together to create mixed discipline… Continue reading Chrysalis Radio Sales In Ground-Breaking Restructure

GCap Media will restructure its senior level commercial division, saying the group’s future success depends on adaptability and a focus on consumer and customer satisfaction.It also said that industry consolidation points to an evolving trading model for radio, and it is vital for GCap to be at the front line of developments and to reflect… Continue reading GCap Looks To Future With Sales Restructure

Adverse market conditions in radio advertising are expected to persist, according to the Local Radio Company, which has 32 stations around the country.The company has warned of volatility in the advertising market as it recorded a 1% rise in revenues over the six months to the end of March. It said revenues had risen 2%… Continue reading Radio Ad Trouble Persists

First quarter figures from the Radio Advertising Bureau show commercial radio revenue fell 4% from the last quarter of 2005, with figures down from £162 million to £149 million at the start of 2005. National advertising takes a 60% share of the total revenues, up almost 3.9%, while local advertising’s share was down 2.3% and… Continue reading Radio Revenue Continues To Fall

GCap has reported a fall in profits with annual pre-tax revenue to the end of March down 40% to £22.2 million. On a statutory basis, including the effect of amortisation and other charges, the company made a loss before tax of £47.9 million.One of the main reasons for the slump is said to be the… Continue reading Revamp Renders GCap Profits Down

Ownership and usage of MP3 players in Britain shows no sign of slowing, according to data from radio audience measurement body RAJAR, with 23.7% of the nation’s adult population possessing the technology. The new figures show ownership rising by 4.2% points period on period in Q1 2006, while those using their devices at least once… Continue reading MP3 Players See Continued Boom In Ownership

The nation’s digital radio stations continued to see strong growth according to the latest RAJAR figures, with several digital broadcasters profiting from the increased uptake of digital radio sets in Britain.Planet Rock, owned by GCap Media, saw a healthy increase, adding 61.19% to its total weekly reach year on year to reach 461,000.Capital Disney also… Continue reading Digital Stations Continue Audience Growth

The latest data from radio measurement body RAJAR shows the BBC increasing its lead over commercial radio broadcasters, adding to both its national and local audiences.The BBC’s share of all listening now stands at 55.4%, marking a rise of 1.2% points year on year in the first quarter of 2006, compared with a dip of… Continue reading BBC Widens Gap To Retain Lead Over Commercial Rivals

Emap’s Magic FM has scooped the top spot in London, thanks to massive increases in weekly reach and share of listening, pushing the station above rivals Capital Radio and Heart 106.2 to become Londoners’ favourite station.The latest RAJAR figures show Magic recording its highest ever weekly reach, at just under 1.87 million, thanks to a… Continue reading Magic Steps Up To Take London Top Spot