Radio group Chrysalis saw its share price falter yesterday, losing 5.30% to close at 183p despite announcing an ‘encouraging start’ to its 2005 financial year, as first quarter revenues are expected to reach high single digits.The radio group, which owns London’s Heart 106.2 station, said in a trading update that revenues for the 12 months… Continue reading Sharewatch: Chrysalis Dips Despite Positive Results
This year, 34 million US households are expected to pay bills online and this number is predicted to rise to 42 million by 2006, according to a new report from eMarketer. The Online Bill Paying: The Road To Increased Profits report says, as consumers increasingly turn to the internet to pay bills because it is… Continue reading E-Payments Continue To Grow
Former BBC director general, Greg Dyke, has issued a call for the Corporation’s board of governors to be abolished, claiming that they are powerless to defend the broadcaster’s independence and are unable to regulate effectively.In a speech to the Royal Television Society last night the outspoken broadcast boss stated that he had long intended to… Continue reading Dyke Calls For Abolition Of BBC Board Of Governors
Intenet advertising creates more brand awareness than traditional media such as the internet and television, says a new report, however, it may not be as effective at persuading consumers to buy. According to a new study by research group Dynamic Logic, brand awareness will rise by 16.7% in a mixed-media campaign, which uses television, the… Continue reading Internet Ads Create Brand Awareness But Magazines Persuade Buyers
The Financial Times has announced the launch of its first property magazine, In Residence, to be published quarterly from 25 September.The glossy title will be distributed with the FT‘s Saturday magazine and will be published again on Wednesday as a stand alone supplement. The 32-page title promises thought-provoking coverage of a wide range of issues… Continue reading Financial Times Launches First Glossy Property Title
Today marks the last day for applications to Ofcom by broadcasters chasing the new FM radio licence in Edinburgh, a highly coveted prize that has attracted attention from the UK’s largest commercial radio groups and investors.Among the well known companies vying for the Edinburgh contract are Kelvin MacKenzie’s Wireless Group, the Guardian Media Group Radio,… Continue reading Radio Heavyweights Line Up For Edinburgh Licence
ITV has been given the all clear to go ahead with its proposed £31 million acquisition of the majority stake in GMTV, despite wide-spread concern from the advertising industry.The Institute of Practitioners in Advertising had been calling for the Office of Fair Trading to refer the acquisition of Scottish Media Group’s 25% stake in the… Continue reading ITV Gets Go Ahead For £31 Million GMTV Acquisition
Radio group Chrysalis has said its 2005 financial year has had an ‘encouraging start’, as first quarter revenues are expected to reach high single digits.Chrysalis, owner of London’s Heart 106.2 station, said in a trading update that revenues for the 12 months to 31 August 2004 have met expectations, growing 20% year-on-year to £67 million.Although… Continue reading Chrysalis Sees An Encouraging Start To Financial Year
Almost half of all 18 to 34 year-olds living and working in major European cities now read a daily free-sheet newspaper every week, according to new research commissioned by Swedish-based publisher, Metro International.The wide-ranging study into the reading habits of young people living in some of the world’s biggest cities shows that more than a… Continue reading Free-Sheets Read By Half Of All Young Metropolitans
Radio group, Chrysalis, has said its 2005 financial year has had an ‘encouraging start’, as first quarter revenues are expected to reach high single digits. Chrysalis, owner of London’s Heart 106.2 station, said in a trading update, revenues for the 12 months to 31 August 2004 have met expectations, growing 20% year-on-year to £67 million.… Continue reading Chrysalis Sees An ‘Encouraging Start’ To 2005
