More Industry News articles

GCap Media has announced the resignation of chief executive David Mansfield, who will leave the company in January to be succeeded by current executive chairman, Ralph Bernard.Mansfield will remain with GCap in order to oversee the final stages of the company’s post-merger integration, which has been on-going since the consolidation of Capital Radio and GWR… Continue reading Mansfield To Leave GCap Media

Media communications and publishing group, Aegis, has signed an agreement to purchase 100% of Brindley Media Group, bringing the Irish advertising firm into Aegis Media, the company’s global media buying and planning division. The purchase price will be composed of an initial payment of €4m plus the value of the net assets and a deferred… Continue reading Aegis Buys Irish Advertising Group

ITV has been eliminated in the race for control of Telewest’s Flextech television business, it was claimed over the weekend, with the Sunday Times stating that the broadcaster has failed to pass the second round of bids.According to the newspaper, Deutsche Bank, the investment bank conducting the sale process, has informed ITV of its failure,… Continue reading Flextech Bidding Narrows As ITV Dropped

Publishing group, United Business Media, has sold its UK automotive titles to Newsquest Media Group, for a cash sum of £50.l2 million. The move comes just three months after the company announced plans to sell Exchange & Mart and Auto Exchange, claiming the publications would be more valuable to other organisations and a sale would… Continue reading UBM Sells Automotive Titles To Newsquest

Virgin Radio has hailed its latest online offering as a success after just two weeks, with the Tim Lovejoy Show rocketing into the top five podcasts in the iTunes chart.The success of the Sunday afternoon sports show follows Virgin’s decision to offer it as a downloadable podcast last month, building on its first podcast exercise… Continue reading Virgin Sees Podcast Success With Tim Lovejoy

Outdoor advertising in the states is outpacing all other media, with new figures from the Outdoor Advertising Association of America (OAAA) for Q2 2005 showing the medium to have reached revenues of $1.8 billion, an increase of 10.2% year on year. According to the figures, industry revenue reached $3.2 billion for the first half of… Continue reading Outdoor Advertising Outpacing Other Media

Johnston Press has announced the acquisition of two regional newspaper businesses in Northern Ireland, adding Local Press Limited and Leinster Leader Limited to its publishing portfolio. The two companies bring a combined total of 18 publications into the fold, with Local Press bought for £65 million and Leinster Leader for £138.6 million. In a statement… Continue reading Johnston Extends Reach In Northern Ireland

The Newspaper Society (NS) has called for the Office of Fair Trading (OFT) to reconsider its opinion on the current system of magazine distribution claiming that losing sales restrictions would pose a threat to smaller retailers.According to the NS, the loss of passive sales restrictions would result in a dismantling of the system in its… Continue reading Newspaper Society Pushes OFT On Magazine Distribution

Chrysalis has announced plans to dispose of its loss making and none-core books division for £12.5 million, allowing the management to concentrate on the group’s core music radio and music businesses. The company’s books business will be sold to a new company to be formed by Robin Wood, chief executive of Chrysalis Books and other… Continue reading Chrysalis To Sell Books Division

The BBC has revealed plans to launch enhanced radio content on its Digital Terrestrial (DTT) service, allowing listeners tuning into its national digital radio service to browse genre and programme-related content.Listeners will be able to view and browse interactive content while they listen to BBC digital radio networks, integrating the news, sport and weather headlines… Continue reading BBC Unveils New Radio Content On DTT