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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

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

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

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

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

The Evening Standard is launching the next stage of its advertising campaign in support of today’s relaunch as the London Evening Standard.The activity, created by McCann Erickson, includes a 60 second TV ad and a print and outdoor campaign featuring the words “we promise”, with the next stage set to feature outdoor and bus-side ads… Continue reading Evening Standard relaunches today with promises of better behaviour

iPlayer enabled Freeview boxes should be available for Christmas, with HD Freeview boxes ready to launch in time for next year’s World Cup.Ilse Howling, managing director of Freeview, said that almost 14 million homes have HD-ready televisions adding that she believes there will be significant demand for the upgraded boxes.“Freeview HD is what people are… Continue reading iPlayer Freeview boxes to launch for Christmas

Blinkx has signed a deal with the digital TV software company Miniweb that will see its search and interactive services added to set-top boxes across the UK.The deal will give the online video search service a chance to integrate the diversity of web video and the functionality of web search with TV sets in homes… Continue reading Blinkx signs new set-top box deal

The Wall Street Journal is set to start charging casual users for access to individual online articles following owner Rupert Murdoch’s plans to expand the pay model.WSJ‘s managing editor Robert Thomson said the micro-payment system will apply to non-subscribers who want to read individual articles and will give existing subscribers access to premium niche markets,… Continue reading Wall Street Journal to implement new payment system

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