Radio giant GWR saw shares rise by 3.97% yesterday to close at 262p as rumours circulated about a possible merger with rival Capital Radio. Media buyers are understood to have approving consolidation between the groups, providing the market remained segmented, with one group owning multiple formats.Capital saw a rise of 1.43% as investors warmed to… Continue reading Sharewatch: GWR Rises As Merger Rumours Resurface
Channel 4 and The Allmond Partnership have secured Alpen breakfast cereal as the multi-million pound broadcast sponsor of the new series of Wife Swap, which returns to our screens next week.The deal covers six new episodes due to be shown on Channel 4 this summer, plus a further three international episodes and seven new UK… Continue reading Channel 4 And Alpen In Bed For Wife Swap Sponsorship
BSkyB has appointed former Dixons finance director, Jeremy Darroch, as its new chief financial officer, marking the most senior management appointment to be made by James Murdoch since taking the helm of the satellite broadcaster.Darroch will join BSkyB following release negotiations with Dixons and will be appointed to the broadcaster’s board upon taking up his… Continue reading BSkyB Appoints Darroch As Chief Financial Officer
The Association of Publishing Agencies has announced an initiative to launch a recognised system for the measurement of customer magazines in an attempt to capitalise on the success of titles which are not audited by the National Readership Survey.The APA, which is conducting the research in association with Millward Brown, states that customer magazines are… Continue reading APA Plans Measurement System For Customer Magazines
Johnston Press has today sold its share in Two Boroughs Radio Limited for £1.2 million to the Local Radio Company. The 33% share in the radio stations based in Burnley, were acquired by Johnston Press as part of the £560 million take over of Regional Independent Media in April 2002. Last month, former Jazz FM… Continue reading Local Radio Company Acquires Share In Two Boroughs Radio
The popularity of broadband internet is helping to spur subscription and stream based advertising revenue, which is set to reach $625 million in the US during 2004 and $864 million in 2005, says a new report from AccuStream iMedia Research. The report, Streaming Advertising and Subscription: A Complete Market Analysis 2003-2005 concludes that audio and… Continue reading Broadband Set To Spur Stream Ad Revenue In The US
Outspoken Wireless Group chairman Kelvin MacKenzie has accused RAJAR of “scaremongering” after the radio ratings body estimated that electronic audience measurement could cost up to £25 million a year to operate.RAJAR’s managing director, Sally De la Bedoyere, told Broadcast magazine last week that the introduction of audiometers to measure radio audiences may cost up to… Continue reading Cost Of Electronic Measurement Causes Controversy
The latest report from Merrill Lynch says that advertising is finally back on track and as a result the group has revised its global advertising forecast for 2004 upwards to 5.5%. For the first time in several years, the regional forecasts for US and overseas are aligned with GDP; with US advertising expected to grow… Continue reading Merrill Advertising Forecasts Aligned With GDP
Commercial radio giant GWR has appointed James Smythe, former associate director of Carat Insight, as its new group head of research, replacing Rupert Steele, who is leaving to pursue consultancy work.Smythe will join GWR on 23 August, working across the radio group’s entire range of brands, which incluide Classic FM, The Mix network and digital… Continue reading GWR Appoints Former Carat Director As Research Head
More than 20 million people tuned in to BBC One last night to watch England qualify for the quarter finals of the European championships after securing a nail-biting 4-2 victory over Croatia.Unofficial overnight figures from BARB show that a peak of 20.4 million viewers stayed at home to watch England’s final group game, which saw… Continue reading More Than 20 Million Watch England’s Victory Over Croatia
