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Clear Channel Outdoor has reported a 25% year on year fall in revenues in the first quarter of 2009, from $775.6 million to $582.2 million.The company’s international division – including the UK – suffered a 29% revenue decline year on year in Q1, down to $312 million.It said the loss was primarily attributable to a… Continue reading Clear Channel Outdoor reports Q1 fall in revenues

Mobile adspend was up 99.2% year on year in 2008, hitting £28.6 million, according to a new study by the Internet Advertising Bureau and PricewaterhouseCoopers. The research shows that paid-for-search advertising on the mobile internet accounts for £14.4 million, 50.2% of all mobile advertising spend, while mobile display advertising – which includes banners, text links,… Continue reading IAB: UK mobile adspend hits £28.6m in 2008

A new report predicts that the number of US broadband households accessing web-to-TV content will hit 24 million and generate $2.9 billion in revenue from streaming services by 2013. According to the In-Stat report, nearly 30% of those in the 25-34 age group use game consoles to view streaming video from the internet, but web-enabled… Continue reading US web-to-TV households to generate $2.9bn in revenue by 2013

UKRD has outbid Hallwood Financial to take control of The Local Radio Company. Both bidders increased their offers yesterday, with UKRD raising its offer price to 4 pence a share from 3.25 pence a share, while Hallwood upped its from 4 pence a share to 5 pence a share. Hallwood’s latest offer was a 54%… Continue reading UKRD takes control of The Local Radio Company

BBC One’s Ashes to Ashes drama secured the highest ratings during the all-important 9pm to 10pm peak-hour last night.Over 5.7 million peak viewers tuned in to see the fourth episode in the eight-part series, starring Philip Glenister and Dean Andrews, banking a 24% average audience share for BBC One.At the same time, the third episode… Continue reading Ashes to Ashes triumphs with 5.7 million viewers

Ashley Tabor, Global Radio’s chief executive, expects the radio group to hold its underlying operating profits flat for the 12 months to the end of March. Tabor said Global, which owns stations including Classic FM and Capital, will report underlying profits of around £31 million despite seeing a 20% downfall in advertising revenues for the… Continue reading Ashley Tabor predicts steady profits for Global Radio

BBC Radio 5 live has unveiled its new weekend schedule with a fresh new look to its Saturday and Sunday morning slots.Danny Baker is set to host the Saturday 9-11am programme, with a focus on the day’s sport, which will include listener stories, comedy, fans on the road, interactive games, special guests and supporters’ issues… Continue reading BBC Radio 5 live unveils new weekend line-up

Advanced TV advertising in the United States is poised to generate modest growth starting in 2010, according to a new report from Magna. Magna’s definition of advanced TV advertising includes Video on Demand (VOD), requests for information (RFIs), long-form showcases, DVR advertising, interactive program guide advertising, addressable advertising, creative versioning and advanced trafficking systems. It… Continue reading US advanced TV advertising to generate modest growth in 2010

Britain’s Got Talent remained the highlight of the weekend with a peak audience of nearly 12 million viewers on Saturday evening.Over 11.1 million average viewers tuned in to see more hopefuls audition for a chance to perform at the Royal Variety Show in front of judges Simon Cowell, Amanda Holden and Piers Morgan, securing ITV1… Continue reading Britain’s Got Talent hit a high of almost 12m viewers

New research from Hitwise has revealed that Google accounted for 72.4% of all US searches conducted in the four weeks ending 25 April 2009. Yahoo! Search, MSN Search and Ask.com received 16.3%, 5.7%% and 4%, respectively. The remaining 49 search engines in the Hitwise Search Engine Analysis Tool accounted for 1.4% of US searches. Percentage… Continue reading Google increases share of US searches in April