The radio sector was in focus yesterday as analysts made forecasts over the release of today’s RAJAR radio audience figures for the second quarter of 2003.Capital Radio was seen under pressure after Bridgewell Securities cut profits and earning forecasts for the group ahead of the release of today’s RAJAR results. The stock was seen down… Continue reading Sharewatch: Radio Groups Falter Ahead Of RAJAR Release
There is little doubt that awareness and availability of video on-demand services is rising but the technology is still a long way from achieving widespread consumer acceptance. A recent US study from Leichtman Research Group determined that 80% of cable subscribers have heard of video on-demand but many are unaware that it is available in… Continue reading Consumers Remain Unconvinced By Video On-Demand
French advertising and marketing giant Havas has confirmed that it is to undergo major reorganisation as it seeks to boost revenues in “challenging” market conditions. Havas, the world’s sixth-largest advertising group, said today that revenues had fallen by 19% to €836 million in the first half. This was attributed mainly to the recent rise in… Continue reading Havas Takes Steps To Reverse Sales Decline
The UK TV market has shown no sign of increased advertising revenues, but audiences to commercial TV have risen in the first half, according to communications consultancy Media Audits.This has resulted in a decline in costs per thousand (CPT) of between 2% and 5%, depending on the audience demographic.Viewing figures from BARB show that average… Continue reading Media Audits Sees No Ad Recovery In UK TV
Telewest Communications today announced reduced losses for the first six months of 2003 as it prepares to hand control to bondholders in a debt-for-equity swap. The cable company said that total sales were flat at £674 million but spending cuts have enabled it to trim net loss by 13% from £239 million in the first… Continue reading Telewest Looks To Turn Corner In Second Half
Regional newspapers are becoming increasingly popular and are now read by almost 85% of the UK’s population, according to new research from the Target Group Index and the Newspaper Society.The study reveals that almost 40 million UK adults now read local newspapers, an increase of 1.8% on this time last year. A further 81% of… Continue reading Study Shows Increasing Popularity Of Regional Newspapers
Trinity Mirror has announced plans to dispose of its Northern Ireland newspaper division, confirming rumours that the business would be sold as part of a broader structural review of the company (see Trinity May Sell Irish Titles). The division comprises the Derry Journal and Century Press & Publishing businesses which produce six titles in Northern… Continue reading Trinity Mirror Review Sheds NI Titles, Retains Nationals
Trinity Mirror has announced plans to dispose of its Northern Ireland newspaper division, confirming rumours that emerged last month that the business would be sold as part of a broader structural review of the company.The division comprises the Derry Journal and Century Press & Publishing businesses which produce six titles in Northern Ireland and three… Continue reading Trinity Mirror Sheds Northern Irish Titles
Chrysalis Group has this afternoon confirmed the sale of its television assets to a trio of former ITV executives, following a preliminary agreement announced in April (see Chrysalis To Sell Television Group To Former ITV Heads). Steve Morrison (former Granada chief executive), Jules Burns (former managing director of operations at Granada) and David Liddiment (former… Continue reading Chrysalis Makes £45m TV Sale To Former ITV Heads
RAJAR listening figures for the second quarter of 2003 reveal a rather lacklustre period Capital 95.8 FM, which saw its weekly reach decline by 4.9% year on year, despite a high profile ad campaign and a re-vamp of its flagship breakfast show (see Capital Lures New Listeners With Major Ad Campaign)The station has also suffered… Continue reading RAJAR Results Q2 2003: Capital’s Dominance Dips As London Competition Grows
