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Highbury House Communications, publisher of Front and Fast Car, today issued an upbeat trading report. Trading in the last two months of 2003 had been in line with expectations, it said, and it expects profits for the full year to be as forecast. The company said that its shift towards becoming a pure consumer publisher,… Continue reading Highbury House FY Profits In Line With Market Forecasts

Radio revenues across the US remained weak during the final quarter of 2003, but the industry is showing signs of rejuvenation for 2004, according to Merrill Lynch.Subscribers to MediaTel Insight can access more national and international media analysis, forecasts and news by visiting the site.

Independent News & Media (INM) is to sell its 50% stake in its Irish cable operation, Princes Holdings, to Liberty Media International for an undisclosed sum. INM had already confirmed that it did not intend to hold its investment in Princes Holdings – which trades under the brand name Chorus – for the long-term, as… Continue reading INM Sells Irish Cable Group Stake To Liberty Media

Radio revenues across the US remained weak during the final quarter of 2003, but the industry is showing signs of rejuvenation for 2004. Merrill Lynch predicts that US radio revenue growth during the fourth quarter will range from an increase of 1% to a decline of 2% year on year, compounded by weak local advertising… Continue reading US Radio Revenues Weak In Q4 2003, Says Merrill Lynch

ITV partners Carlton and Granada were seen in focus yesterday as their multi-billion pound merger drew nearer to completion. However, reports suggest that sales teams at the two broadcasters are preparing themselves for major job losses that could see around 300 staff made redundant. Carlton was seen down 0.92% and Granada slipped by 1.66%.GWR was… Continue reading Sharewatch: Stocks Slide As ITV Merger Looms

BBC chairman, Gavyn Davies, yesterday resigned following the critical conclusions of Lord Hutton’s inquiry into the death of Ministry of Defence weapons advisor Dr David Kelly.Lord Hutton yesterday unveiled a report that was heavily critical of the way the BBC handled developments following a story on Radio 4’s Today programme, which claimed that the Government… Continue reading Davies Resigns Following Hutton Report Criticisms

BBC chairman, Gavyn Davies, yesterday resigned following the critical conclusions of Lord Hutton’s inquiry into the death of Ministry of Defence weapons advisor Dr David Kelly.Lord Hutton yesterday unveiled a report that was heavily critical of the way the BBC handled developments following a story on Radio 4’s Today programme, which claimed that the Government… Continue reading Davies Resigns Following Hutton Report Criticisms

Full listings of performance by ownership for the major radio station owners is available to subscribers in Radio reports, click button on left.Subscribers can access the Radio database by selecting “Radio” from the drop-down box at the top of this page.

Capital Radio Group has announced that Kellogg’s is to extend its £8 million network breakfast-show sponsorship throughout 2004 following the publication of a study demonstrating the success of the association.The twelve-month sponsorship, negotiated through BroadMind, will see Kellogg’s Corn Flakes promoted across stations on the Capital and Century FM networks with on-air idents, trails and… Continue reading Capital Retains Kellogg’s As £8 Million Breakfast Sponsor

Greg Dyke, director general of the BBC, today quit his position as the Corporation descended into chaos following the publication of the Hutton Report.Mark Byford, his deputy, has been appointed as acting director-general.The departure of Dyke follows the resignation of chairman Gavyn Davies yesterday, after Lord Hutton’s report found the BBC defective in its operations… Continue reading Greg Dyke Steps Down As BBC Director General