More Industry News articles

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… Continue reading Capital And GWR Agree £711 Million Merger Terms

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 generate 92% of group… Continue reading GWR Confident Over Revenue Prospects For the Year

Publishing group, Highbury House Communications, announced this morning that it will fail to meet expectations this year and as a result will not be paying an interim or final dividend, despite seeing a 24% jump in revenue during the first half of 2004. The group, which predicted a 27% year-on-year growth in profits from January… Continue reading Highbury House Admits It Wont Be Able To Meet Full-Year Expectations

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

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

In a trading update, radio to magazine group, Emap, has said 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… Continue reading Closer Drives Revenues At Emap

BSkyB saw shares fall by 3.04% yesterday to close at 485žp after Credit Suisse First Boston took a cautious line on weekend advertisements from the satellite broadcaster promoting free installation for Sky Digital packages costing £19.5 or more. CSFB said this could increase BSkyB’s subscriber acquisition costs because in the past the company has offered… Continue reading Sharewatch: BSkyB Dips Following Investor Caution

Britain has emerged as one of the fastest growing markets for broadband internet access with new research showing that more than one in five of every UK households now has a broadband connection.The latest figures from Informa Telecoms Group’s Baskerville unit show that Britain’s broadband market topped the 5 million subscriber mark in September, with… Continue reading One In Five UK Homes Now Have Broadband Access

The National Magazine Company has come together with one of Australia’s biggest magazine publishers to produce a joint venture dedicated to launching weekly consumer titles.The partnership will see Australian Consolidated Press, which publishes more than 120 leading titles in Australia, New Zealand and South East Asia, work with Natmag to breath new life into the… Continue reading NatMags Joins With Australian Publisher For UK Launches

Radio ratings body RAJAR has today set out a detailed timetable for upgrading its existing diary system of audience measurement to a new, potentially electronic method by 2007.The ‘roadmap to change’ has been agreed by the RAJAR board as a realistic approach to addressing the potential benefits of electronic measurement, whilst ensuring the integrity of… Continue reading RAJAR To Upgrade Audience Measurement System