More Industry News articles

Airtime advertising revenue growth at Granada scraped into positive figures during the first half, with the company today reporting a 1% rise to £442 million. Despite the weak ad figures, Granada’s turnover and earnings were significantly stronger than expected by Morgan Stanley and Lehman Brothers analysts (see ITV Ad Revenue To Drop 2% In 2003,… Continue reading Granada H1 Earnings Rise, June Ad Revenue Down

Lord Currie, the chairman of the new communications super-regulator, Ofcom, has pledged his support for co-regulation of the broadcast advertising industry.Speaking at the annual Advertising Association lunch yesterday, he commented: “Regulatory intervention should involve the least intrusive method possible to achieve the regulatory and public policy requirements we must discharge. This means a greater reliance… Continue reading Currie Pledges Support For Co-Regulation Of Industry

The Department of Trade & Industry has announced that the bid by regional publisher Newsquest for 45 titles currently owned by Independent News & Media has been referred to the Competition Commission. It was revealed two months ago that IN&M was selling its UK regional newspaper business in a deal worth £60 million (see Independent… Continue reading Competition Commission To Investigate Latest Newsquest Deal

IPC’s flagship celebrity title, Now, has secured Nivea deodorant to sponsor a special supplement dedicated to this year’s summer music festivals.The advertorial supplement is the first festival guide that Now has published and represents the first time that Nivea has negotiated a sponsorship arrangement of this kind.The deal centres around a four-page pull-out guide to… Continue reading Now Secures Nivea For Sponsorship Deal

The UK business-to-business (B2B) press market has now seen the worst of the downturn, according to industry commentators who are forecasting that trading conditions are on the road to improvement. The PPA‘s B2B Strategic Conference was told that there will be steady growth in the sector over the next twelve months. Speaking at the conference,… Continue reading UK Business Press Set To Emerge From The Doldrums

Week on week analysis of the media market shows that GWR saw the sector’s biggest decline, dropping 5.23% following news that the Competition Commission has blocked the group’s bid to buy Chrysalis Radio’s Galaxy 101 and merge it with Vibe FM (see Competition Commission Blocks GWR’s Acquisition Of Galaxy 101).Elsewhere, beleaguered advertising group Cordiant remained… Continue reading Sharewatch: GWR Falls As Commission Blocks Galaxy Deal

Commercial radio has seen advertising expenditure rise to record levels, with £138.9 million being spent on the medium in the first three months of this year, according to the latest data from the Radio Advertising Bureau (RAB). The figures represent a 2.3% increase on the same period the previous year and take first quarter adspend… Continue reading Commercial Radio Sees Highest Ever First Quarter Adspend

BT is today unveiling plans for a wireless broadband network in 1,000 pubs, cafés and restaurants across the UK, in an attempt to increase the popularity of its high speed internet services.According to reports, the broadband service, known as WiFi, will allow customers to use their laptops to link wire-free into the national broadband network.… Continue reading BT To Transform Pubs And Cafés In To WiFi Hotspots

There are a total of 24 million digital pay TV subscribers in Western Europe and this number is set to double over the next five years, according to a new report from IDC. The study, Digital Television Services in Western Europe: Forecast and Analysis, 2002-2007 examines the progress of the DTV market in the 16… Continue reading Digital TV Is Having A ‘Deep-Seated’ Effect, Says Report

UK magazine publisher, Highbury House Communications, says that trading in the first quarter of the year has been encouraging, with profits ahead of last year.The group says that the consumer portfolio is performing well, although difficult conditions remain in the business publishing market. However, a few business sectors have shown some improvement.Trading figures for April… Continue reading Highbury House Sees Encouraging Trading