More Industry News articles

Record producer and radio broadcaster, Chrysalis, today announced that they are on track to deliver strong earnings growth over the next few years as operating profit for the last six months has trebled to £3.7 million. Radio revenues for the period ending 29th February, were up by 23% to £33.3 million; growth continued in March… Continue reading Chrysalis Profits Treble For Past Six Months

ITV has announced plans to acquire SMG’s stake in GMTV for £31 million and is to bid for the remaining 25% of the breakfast broadcasting network, which is owned by the Walt Disney Company.The proposed buy-out is part of a wide-ranging deal that will also see ITV take-over the sale of SMG’s national television airtime… Continue reading ITV To Acquire SMG’s Stake In GMTV For £31 Million

Voice-over-internet telephony (VoIP) equipment is expected to grow by 48% to $4.9 billion by the end of 2004, according to a new report from eMarketer. The VoIP: Spending and Trends report shows that by the end of 2007, this market is expected to grow rapidly and total equipment spend to reach $15.1 billion. The report… Continue reading VoIP Market To Grow By 48% In 2004

The Daily Mail & General Trust’s bid to take control of the Telegraph titles has been thrown into doubt following a split with private equity house Cinven, leaving the newspaper group to search for another partner before the impending deadline for completed bids.The relationship between DMGT and Cinven is believed to have broken down over… Continue reading Daily Mail Drops Cinven As Partner For Telegraph Bid

By 2008, 22 million teenagers are expected to be using the internet says a new report from Jupiter Research. The report says that 17% of online teenagers spend eight hours or more on the internet a week, describing them as highly active online ‘influencers’. Girls make up 53% of the influencers by shopping and chatting… Continue reading On-line Teenagers Are ‘Influencers’ Says Jupiter

Commercial radio company Chrysalis today announced it is on track to deliver strong earnings growth over the next few years as operating profit for the last six months trebled to £3.7 million.Radio revenues for the period ending 29 February were up by 23% to £33.3 million, growth continued in March and April when revenues increased… Continue reading Chrysalis Sees Profits Treble In Last Six Months

Commercial radio reached record listening figures in a number of key audiences during quarter one 2004, says the Radio Advertising Bureau (RAB). Referring to the recent RAJAR figures, the RAB said: “Commercial radio is continuing to increase its delivery of core audiences to advertisers.” During quarter one of this year, the RAJAR figures show that… Continue reading Key Audiences Tuning In To Commercial Radio Says RAB

Many radio groups saw a dip in share price last week following the publication of latest RAJAR data for the first quarter of 2004. Chrysalis saw the largest fall, slipping 6.85% week on week to close at 204p> Meanwhile, rival Capital dipped by 1.89% during the same period to rest at 466p.Johnny Vaughan recently took… Continue reading Sharewatch: Major Radio Groups Remain In Focus

Worldwide shipment of mobile phone units will reach 595 million by 2004 says a new report from global market intelligence group, IDC. According to the Worldwide Mobile Phone 2004-2008 Forecast And Analysis report, sales of 2.5G mobile phones will drive market growth for the next few years with sales of 3G mobile phones finally passing… Continue reading Mobile Phone Shipments To Surpass 100 Million By 2007

GWR is investing £1 million in a cross-media advertising campaign to promote Classic FM after the latest RAJAR figures revealed that more than 6.5 million people now tune in to the station each week.The campaign, which is the first of its kind in the station’s history, will target around 10 million people with a range… Continue reading Classic FM Invests £1 Million In Cross-Media Campaign