Commercial radio stations will not be allowed to cut local programming, after Ofcom rejected pressure from the industry to be able to do so.The watchdog has also announced new rules to preserve sound quality on DAB radio, with new guidelines published today as part of the media regulator’s long-running Future of Radio review.As expected, FM… Continue reading Ofcom Rejects Call For Cut In Local Radio Content
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The latest forecast from Attentional suggests that a number of factors will combine to offer a brighter than anticipated future for UK television over the next five years. Attentional said that one factor behind this trend is the rapid conversion of older viewers to digital platforms, where the availability of extra channels means they tend… Continue reading Bright Future For UK TV
Time Warner is setting out plans to split AOL’s business in two, moving its online access business for consumers away from its advertising content. New chief executive Jeffrey Bewkes, who was previously chief operating officer, said that he plans to focus on AOL’s web portal and advertising sales. Speaking at Time Warner’s quarterly financial conference… Continue reading Time Warner Planning To Split AOL Business
BT’s financial results for the final three months of 2007 show that its pre-tax profits fell 30% to £447 million while revenues rose 1% to £5.15 billion. Ben Verwaayen, BT chief executive, said: “This has been another solid performance. We have delivered our twenty third consecutive quarter of year on year earnings per share growth.… Continue reading BT’s Pre-tax Profits Decline
Long-running children’s television institution, Grange Hill, has been axed after three decades.The BBC has decided not to recommission the fictional schoolyard show and the final episodes will air at the end of this year.Anne Gilchrist, the CBBC controller, said the decision to end Grange Hill‘s 30-year run was part of a move to more accurately… Continue reading Grange Hill Axed After 30 Years
4Radio has not yet appointed an advertising director or sales team prior to the July launch date of the platform, according to reports.It had been expected that a final decision on applicants for the commercial director position would be made before Christmas by the operator of the UK’s second national digital multiplex, 4Digital Group.According to… Continue reading 4Radio Still Looking For Ad Director
BSkyB has reported a before tax downturn of £36 million for the first six months of its financial year to end December, as the value of its almost 18% stake in ITV fell. For the second half of 2007, revenues were up 11% to just under £2.5 billion, but operating profit dropped a quarter to… Continue reading BSkyB Reports Before Tax Downturn Of £36 Million
The Mobile Data Association (MDA) has today released a new UK Mobile Report, which shows that a significantly wider variety of data usage has driven overall growth figures in 2007.SMS growth remained strong, but a combination of static and video messages and internet usage has resulted in a total of over 56,922 million texts being… Continue reading Picture Messaging And Mobile Internet Drive Mobile Usage
The Daily Mail and General Trust has reported a solid financial performance for the last quarter of 2007, with a 4% rise in ad revenues at its Associated Newspapers division. According to its interim management statement today, the group’s revenues for the quarter were up 2% on last year. At its national newspapers division, Associated… Continue reading DMGT Reports Solid Financial Performance For Q4 2007
Broadcaster Five generated £314 million in advertising revenue in 2007, compared with £290.3 million in 2006, an 8.2% boost. The growth is a result of new revenue from Five’s digital channels, Five Life and Five US, and an almost 3% improvement in total television advertising. Five chief executive, Jane Lighting, told The Times: “Five is… Continue reading Five Boosts Ad Revenue By 8.2%
