The Radio Authority has urged the new super-regulator, Ofcom, to carry on its model of regulation when it assumes its full responsibilities at the end of the year.In its final Annual Report before being phased out by the new catch-all regulator, the current radio watchdog emphasised that its ability to oversee “fifty thousand programme hours”… Continue reading Radio Authority Calls For Ofcom To Carry On Legacy
Global mobile messaging revenues will double to almost $70 billion by 2007 as a result of further growth of SMS text messaging and uptake of new services. This is according to a study from media and technology consultancy Analysys.Also On MediaTel Insight Today…Merrill Lynch Cuts ITV 2003 Airtime Revenue ForecastsAnalysts at Merrill Lynch have downgraded… Continue reading MediaTel Insight: Mobile Messaging To Bring In The Lucre
The ASA has intervened in a dispute between Freeserve and NTL by upholding complaints against a series of ads, which misleadingly implied that NTL was the UK’s number one broadband internet provider.Freeserve objected to the national press and magazine ads for NTL’s 128 kbps internet service, claiming that the product was too slow for its… Continue reading ASA Sides With Freeserve In Broadband Dispute
Over a third of US households will have at least one online game player by the end of 2003, according to a new study by Ipsos-Insight. The report, commissioned by the Interactive Digital Software Association (IDSA), estimates that the proportion of online gamers will reach 37% this year, up from 18% in 1999 and 31%… Continue reading Online Gaming Wins New Players
Granada was seen in focus yesterday, up 9.41%, after beating analysts’ expectations with a 35% rise in interim profits before tax (see Granada H1 Earnings Rise, June Ad Revenue Down). However, analysts at Charles Stanley warned that the company’s figures show that the advertising recovery seen at the end of 2002 was petering out.Carlton was… Continue reading Sharewatch: ITV Partners In Focus On Mixed Results
The number of US households with a high-speed broadband internet connection rose by 50% year on year in March, but the rate of growth is showing signs of slowing, according to a report from Pew Internet & American Life. A decline in the proportion of dial-up users wanting to upgrade to broadband, coupled with limited… Continue reading US Broadband Reaches 30m, But Growth Looks Set To Slow
The Observer has teamed up with Oddbins to launch an exclusive deal to advertise its Food Monthly magazine on wine wraps in off-licences across the country.The ground breaking deal, will make the Observer the first brand to appear on wine wraps in Oddbins, although it is understood that other advertisers are considering using the medium.According… Continue reading Food Monthly Hits The Bottle In Oddbins Stores
The UK inflation rate remained at 3.1% in April, representing no change from March’s figure, according to the latest figures from the Office Of National Statistics (ONS).The Government’s target rate, RPIX, was also unchanged, at 3%.The steady rate confounded expectations of a further rise above the 2.5% target rate set by the Government and the… Continue reading RPI Remains Unchanged In April
Granada was seen in focus yesterday, down 4.33% ahead of its results release for the first half of 2003, which revealed both turnover and EBITA to be stronger than expected.The broadcaster reported overall turnover of £734 million, slightly above analysts expectations (Morgan Stanley predicted £724 million). Content revenues were the main driver of growth at… Continue reading Sharewatch: Granada Falls Ahead Of 1st Half Results
Following the Competition Commission’s decision to block GWR’s bid to buy Galaxy 101 and merge it with Vibe FM in Bristol, NewsLine editor, Gareth Jones, looks at what lies ahead for some of the UK’s biggest radio companies in the newly deregulated market.Over the last few months it has been widely accepted that the relaxation… Continue reading NewsLine Column: A Spanner In The Works For Radio Consolidation?
