More Industry News articles

GWR, owner of radio station Classic FM, has said that following a strong start to the year, revenues for the first six months are expected to grow by 3% year-on-year.However, revenues in the second quarter, especially during August, were slower than anticipated and as a result its analogue sector, which generates 92% of group revenue,… Continue reading GWR Confident Over Revenue Prospects For the Year

The internet and television have come out on top as the two top media choices for those aged 18 to 54, with well over two-thirds of people saying that they would choose these over radio, newspapers and magazines as forms of entertainment. The Online Publishers Association Generational Media Study was designed to examine how the… Continue reading Internet And Television Come Out As Top Media Choices

Capital Radio Group has said that it is ‘cautious’ about the outcome for radio advertising in October to December, despite radio continuing to outperform the display advertising market.In a trading update issued this morning ahead of full-year results due on 25 November 2005, the group said radio revenues for the third quarter are forecast to… Continue reading Capital Radio Cautious Over Fourth Quarter Results

The Advertising Association has revised downwards its advertising expenditure forecast for 2005 from 4.9% to 4.4%, as signs of weakening consumer confidence takes hold, which could suggest a slow down in economic activity. As previously forecast, internet advertising is expected to be the fastest medium, however, expectations have been down-scaled since July’s update which predicted… Continue reading AA Downscales Its 2005 Ad Expenditure Forecast

MegaPoster has seen off tough competition from rivals Clear Channel and Blow-Up Media to secure the giant-banner advertising contract for Edinburgh.The three to five year deal gives MegaPoster exclusive rights to install giant banners on suitable properties undergoing refurbishment in the city. It is expected that up to twelve new advertising sites will be erected… Continue reading MegaPoster Beats Rivals To Edinburgh Banner Contract

Capital and GWR have this morning agreed the terms of their proposed £711 million merger to create a single broadcaster controlling more than 40% of the radio advertising market.The merger will see the creation of the UK’s largest commercial radio group, reaching around 18 million listeners each week with a total of 55 local analogue… Continue reading Capital And GWR Agree £711 Million Merger Terms

Emap has said in a trading update this morning that group revenues for the first half of this year are expected to be up 2%, with celebrity gossip magazine Closer being cited as a key driver.Emap’s consumer media division, which includes Closer, is expected to be up 6% year-on-year for the six months ending 30… Continue reading Success Of Closer Helps Drive Revenues At Emap

Outdoor advertising group, Maiden, has saw pre-tax profits for the first half of 2004 climb by a staggering 75%, reflecting the continued growth in the outdoor market. From January to June this year, pre-tax profits reached £2.1 million, as strong advertising bookings continue, with 100% of last year’s total revenue already scheduled in. Turnover was… Continue reading Maiden’s Profits Benefit From Strong Outdoor Ad Market

Kelvin MacKenzie’s Wireless Group, which owns the national talkSPORT radio station, has branded RAJAR’s proposals to introduce electronic measurement by 2007 as “excruciatingly longwinded”.The broadcaster claims that RAJAR’s timeline for upgrading its existing diary system of audience measurement could have been put in place four years ago when it first began campaigning for the introduction… Continue reading Wireless Group Slams RAJAR’s Roadmap To Change

Multi-media group, Scottish Radio Holdings (SRH), has said that an ‘excellent’ performance in radio and press has fuelled 2004 expectations and the group now predicts full-year revenues to be a healthy 9% ahead of last year. In a trading update issued this morning, the group said like-for-like radio revenues are estimated to be up 9%… Continue reading SRH Confident Of Revenues Growing By 9% In 2004