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Speech-based radio station Oneword has announced a raft of redundancies and a wide-ranging restructure of its operations following the withdrawal of one of its major shareholders. The fledgling digital radio station is currently reviewing its commercial operations in an attempt to reduce costs after Hong Kong-based USI Holdings announced its intention to sell its 50%… Continue reading Oneword Restructures As Major Shareholder Pulls Out

Evidence of growth in the European digital TV market is reflected in interim results from Pace Micro Technology which show the company to be operating profitably again. A slump in sales of set-top boxes resulted in pre-tax losses of £16 million in the last financial year (to May 31 2003) (see Pace Sales Dip 40%… Continue reading Pace Rides The Digital Wave

The Wireless Group (TWG) has reached a deal that will see it consolidate its influence over digital broadcasting in London. Kelvin MacKenzie’s radio company has acquired a 10% stake in DRG, owner of the London III digital multiplex licence, from Matsushita Electric Europe, a subsidiary of Panasonic. TWG already has a 23.58% shareholding in DRG… Continue reading Wireless Group Expands Commitment To Digital Radio

Tim Schoonmaker, the Emap radio chief executive who resigned suddenly last week, is planning to team up with venture capital companies to bid for radio groups in the newly deregulated market place. Schoonmaker, who ran Emap’s radio and digital television operations, announced his intention to step down last week, in a move that caused surprised… Continue reading Emap Radio Boss Linked To Venture Capital Groups

International publisher, Future Network, was seen in focus in Friday with shares rising by 0.78% after announcing that encouraging sales of magazines should enable it to post an increase in revenues for 2003 (see Future Network Stays On Track With Trading Update).Emap also continued to attract attention with stock climbing by 1.56% amid reports that… Continue reading Sharewatch: Future Boosted By Positive Magazine Sales

Trinity Mirror is challenging the likes of Chat, Take A Break and That’s Life with the launch of Take It Easy, a new weekly title that will be given away free with the People on Sundays.Take It Easy replaces the People‘s previous weekend offering and focuses on real life stories following extensive research to discover… Continue reading Trinity Mirror Takes It Easy With New Weekly Magazine

Tim Schoonmaker, the Emap radio chief executive who resigned suddenly last week, is planning to team up with venture capital companies to bid for radio groups in the newly deregulated market place.Schoonmaker, who ran Emap’s radio and digital television operations, announced his intention to step down last week, in a move that caused surprised city… Continue reading Emap Radio Boss Linked To Venture Capital Groups

GMG Radio has appointed Clear Marketing to launch a cross-platform advertising campaign to promote the forthcoming launch of its new Smooth FM station.Smooth FM will go live on 2 March and will replace Jazz FM across the Northwest of England with a range of artists, such as Rod Stewart and Norah Jones, who have produced… Continue reading GMG Appoints Clear Marketing For Smooth FM Launch

Opus has announced that Phil Parkinson will take over from Dominic Barker as regional director of its Manchester-based division with immediate effect.Parkinson will step up from his previous role as team leader to oversee all revenue streams for the company outside of London. He will report directly to Peter Charlton, national sales director at Opus.Commenting… Continue reading Opus Appoints Parkinson As New Regional Director

Hachette Filipacchi has poached IPC’s Rita Lewis to become publishing director of its flagship women’s titles Red and B.Lewis, who takes up the position with immediate effect, will assume responsibility for driving forward the Red brand as it attempts to increase its circulation and looks to exploit opportunities in foreign markets.She will also work with… Continue reading Hachette Poaches IPC’s Lewis For Key Publishing Role