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SMG released a trading update this morning, reporting that it will perform broadly in line with analysts’ forecasts for 2005.The group expects to perform well, despite soft advertising markets in the second half of 2005, with the company’s Scottish TV and Grampian TV expected to outperform the ITV Network for the year as a whole,… Continue reading SMG Sees Business On Target For End Of Year

NTL’s plans to create a ‘quadruple play’ business with the acquisition of Virgin Mobile have hit a stumbling block, as Virgin’s board rejected an £817 million bid, despite the deal having majority shareholder Sir Richard Branson’s backing. Virgin’s board opposed NTL’s offer, claiming that it undervalued the business, although press speculation this morning suggests that… Continue reading Virgin Mobile Backs Away From NTL Deal

NTL’s plans to create a ‘quadruple play’ business with the acquisition of Virgin Mobile have hit a stumbling block, as Virgin’s board rejected an £817 million bid, despite the deal having majority shareholder Sir Richard Branson’s backing.Virgin’s board opposed NTL’s offer, claiming that it undervalued the business, although press speculation this morning suggests that the… Continue reading Virgin Mobile Backs Away From NTL Deal

The reduced costs of operating digital radio stations, along with their ability to cater for more niche interest groups, will see a surge in popularity for speech-based offerings, according to radio chiefs speaking at yesterday’s MediaTel INSIGHT Digital Radio and Beyond Seminar, held in association with MediaGuardian.Ralph Bernard, chief executive of GCap Media, began the… Continue reading Radio Bosses See Speech Renaissance In Digital

Ulster Television (UTV) issued a downbeat trading statement this morning, warning that revenues from its broadcast and multimedia businesses across Britain and Ireland will be down by around 3.5% in the six months to December.The company reported that revenues at UTV Radio are expected to have risen by around 5%, “comfortably” outperforming the radio advertising… Continue reading UTV Warns Of Reduced Revenues For Second Half

The reduced costs of operating digital radio stations, along with their ability to cater for more niche interest groups, will see a surge in popularity for speech-based offerings, according to radio chiefs Ralph Bernard, Phil Riley and Simon Cole, of GCap Media, Chrysalis Radio and UBC Media, speaking at yesterday’s MediaTel INSIGHT Digital Radio and… Continue reading Radio Bosses See Speech Renaissance In Digital

Research commissioned by free morning newspaper City AM claims that more workers in the City and Canary Wharf now read the title than the Financial Times.The findings, unearthed by research firm NOP, show 16% of London’s population read City AM, compared to 12% who read the FT.NOP also reports City AM’s readership reaching 98,000, almost… Continue reading City AM Claims More Readers Than FT

Iain Jacob is to be replaced as chief executive of Starcom by Linda Smith, former commercial director at GCap Media, assuming control of all Starcom operations in the UK.Smith’s appointment sees her return to Starcom following her departure from Starcom Mediavest as commercial director in 2000 to join Capital Radio Group, now part of GCap… Continue reading Smith Succeeds Jacob As Starcom CEO

Yesterday’s MediaTel INSIGHT Digital Radio and Beyond Seminar, held in association with MediaGuardian, saw the latest digital radio technology demonstrated, allowing listeners to purchase music and speech content at the press of a button without incurring the high costs of traditional mobile data downloads.The new system, demonstrated by Simon Cole, chief executive of UBC Media,… Continue reading New Technology Offers Glimpse Of Radio’s Future

Yesterday’s MediaTel INSIGHT Digital Radio and Beyond Seminar, held in association with MediaGuardian, saw the latest digital radio technology demonstrated, allowing listeners to purchase music and speech content at the press of a button without incurring the high costs of traditional mobile data downloads. The new system, demonstrated by Simon Cole, chief executive of UBC… Continue reading New Technology Offers Glimpse Of Radio’s Future