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Multimedia group, Emap, has said it is ‘on track’ for the financial year as it today posted a 7% increase in total group profits for the first six months of this year. This morning’s results for the period ending 30 September 2004, which were in line with analysts expectations show that as group profits climbed… Continue reading Emap ‘On Track’ To Deliver Revenue In Line With Expectations This Year

Radio group Chrysalis bore the brunt of a bad day’s trading amongst media stocks yesterday, losing 6.42% to close at 164p. The broadcaster yesterday announced final results for the 12 months to August, revealing a massive 370% increase in operating profit to £8.3 million but forecasting a that revenue growth for the radio industry as… Continue reading Sharewatch: Chrysalis Suffers In Dismal Day’s Trading

ISBA, the representative body for UK advertisers, has responded to Government proposals on food, advertising and children, pouring scorn on the continued focus on advertising and calling for increased action on the social issues at the root of child obesity.Responding to Government plans set out in the Health White Paper published today, ISBA states that,… Continue reading ISBA Slams “Disproportionate” Food Advertising Plans

The Guardian Media Group is understood to be considering a sell off of its Sunday newspaper, the Observer, following its inability to return a profit ahead of a massive £50 million investment in its week day stable mate, the Guardian.Reports over the weekend indicated that the Observer could be sold to enable GMG to concentrate… Continue reading GMG Considering Sell Off For Loss Making Observer

Media super-regulator Ofcom has dropped programming restrictions from Jazz FM, allowing the Guardian Media Group station to broadcast a range of music and broaden its appeal to advertisers.The format change will see Jazz FM released from its obligation to ensure that ‘50% of the output in daytime sits well with the term Jazz’, permitting the… Continue reading Jazz FM To Increase Advertiser Appeal With Mixed Playlists

Kelvin MacKenzie’s Wireless Group has announced its intention to bid for Manchester’s last remaining radio licence, with proposals for a talk-based local radio station chaired by ex Manchester Police boss and TV presenter, John Stalker.The speech station, to be called allTALK FM, would build on TWG’s experience running national speech radio station talkSPORT and would… Continue reading Wireless Group To Bid For Manchester Radio Licence

The Advertising Association has accused the Government of alienating advertisers and broadcasters in its plans for a ban on junk food advertising, potentially hindering the development of a new code and causing unnecessary problems for those it will affect the most.The proposed restrictions on advertisers promoting food to children have been a hot topic for… Continue reading Advertisers Alienated Over Plans For Junk Food Ban

Richard Huntingford, chief executive of the Chrysalis Group, has said that the prospect of increased consolidation in the radio sector should not put pressure on companies to merge as a “knee-jerk” reaction.The radio boss stated that the increased focus on consolidation, particularly the proposed merger between Capital and GWR, does not make him feel pressured… Continue reading Chrysalis Not Pressured By Capital GWR Merger

Richard Huntingford, chief executive of the Chrysalis Group, has said that the prospect of increased consolidation in the radio sector should not put pressure on companies to merge as a “knee-jerk” reaction. The radio boss stated that the increased focus on consolidation, particularly the proposed merger between Capital and GWR, does not make him feel… Continue reading Chrysalis Not Pressured By Capital GWR Merger

BSkyB saw a healthy week’s trading, rising by 4.23% to close at 554p on Friday following a week in which it unveiled revenues for its first financial quarter increasing by 11%, despite adding only 62,000 new subscribers in the same period, once again failing to meet its target of 100,000 per quarter.During the three month… Continue reading Sharewatch: BSkyB Boosted Despite Slowing Subscribers