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River FM, a radio station based in Livingstone, has become just the second ever station in UK history to return its licence to Ofcom, after it failed to find a buyer.The Scottish station stopped broadcasting yesterday evening having been on the air for three years.Its owner, the Kingdom Radio Group, put it up for sale… Continue reading Scottish Radio Station Hands Back Licence

JCDecaux has announced 2006 revenues of €1.9 million, an increase of 11.5% compared with a year earlier. Excluding acquisitions and the impact of foreign exchange, organic revenue growth was 7.7%, reflecting stronger than expected growth in the fourth quarter and well ahead of growth in the global advertising market. In the fourth quarter, consolidated revenues… Continue reading JCDecaux Announces Strong Revenue Growth

MediaTel Group is gearing up for the next installment in its ‘Future Of…’ series of seminars, with the latest focus on consumer magazines.Shortly after the July to December 2006 ABC data for consumer magazines is released, the UK’s leading online media intelligence company will turn its attention to this ever mutable sector, hosting a lively… Continue reading MediaTel Group Examines Future of Consumer Magazines

Sky recorded net customer growth of 183,000 in the October-December period of 2006, taking its total figure to 8.4 million customers, although its pre-tax profits in the six months to December 31 were down 4.6% year on year to £395 million.There was record growth in Sky+ boxes to 2.13 million, in 1.97 million households.It was… Continue reading Customer Growth For Sky But Profits Down

A new forecast from the National Institute of Economic and Social Research (NIESR) predicts that the world economy will continue to expand vigorously, growing by 5.0% in 2007 and by 4.8% in 2008. The strong upturn is expected to continue over the next few years, with world GDP increasing by 4.8% in 2008 and growth… Continue reading Global Economy To Expand Vigorously

The UK economy is predicted to grow by 2.8% this year, driven mainly by consumer spending and investments, according to a new forecast from the National Institute of Economic and Social Research (NIESR). The NIESR adds that after rising in 2005 by 1.4%, the slowest pace since 1992, personal consumption increased by 1.9% in 2006… Continue reading UK Economy Predicted To Grow 2.8%

The latest advertising forecast from Merrill Lynch estimates 5.0% UK advertising growth in 2007, higher than the UK forecasts from both Aegis and Zenith. The financial analyst forecasts 3.6% global advertising growth in 2007, comprising 4.3% Western European growth, 4.0% Latin American growth, 5.0% Asia Pacific growth and 2.9% US growth. This is lower than… Continue reading 5.0% Ad Growth Forecast For UK In 2007

GMG Radio is to rebrand its newly acquired Saga stations as Smooth Radio in the middle of March, taking its number of Smooth stations to six.GMG acquired the three Saga stations in December 2006 (see Saga For Guardian Media Group), although the acquisition was only formally completed this week.As part of the March rebrand, the… Continue reading GMG’s Saga Stations Go Smooth

Waking The Dead once again managed to lure more than 6.5 million adult viewers to BBC One, with part two of the ‘Mask Of Sanity’ story line giving the channel a 27.4% audience share.The conclusion of the two-part drama Trial And Retribution on ITV1 put up a good fight, taking a 23.5% share. Around 5.3… Continue reading All Eyes On BBC One’s Waking The Dead

The new Media Insights report from PricewaterhouseCoopers (PwC) shows that the number of mergers and acquisitions in the European media sector rose 75% to €43 billion (£28 billion) in 2006, the most activity for six years. The number of deals in Europe was up 12% to 175 transactions last year and, if the UK is… Continue reading European Mergers And Acquisitions Reach Six Year High