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Radio airtime revenues at Scottish Radio Holdings (SRH) rose by 5.3% in its first half, not including new acquisitions; this is in line with predictions made in the group’s March trading statement (see Scottish Radio Sees First Half Broadcast Revenues Up 5%). Including the effect of acquisitions during the period, advertising revenues were up by… Continue reading SRH Sees Radio Revenues Up 5% In First Half

A new, but wholly familiar, figure has emerged as a bidder for the American entertainment assets of Vivendi Universal. Edgar Bronfman Junior, currently vice-chairman at Vivendi, has informed the board that he is convening a group of investors with a view to procuring the US-wing of the enterprise. The music company, film studios, theme parks… Continue reading Bronfman Joins Race For Vivendi’s Universal Assets

Profits at GWR Group increased by more than 11% in the year to March 31, according to financial results released this morning. Figures were in line with expectations (see GWR Sees Radio Revenues Down By 3.9% In Q4) and reflected the success of restructuring efforts over the past twelve months. The group’s total revenues were… Continue reading GWR Achieves Objectives In ‘Difficult’ Conditions

GWR Group is selling its stake in Vibe Radio Services to Scottish Radio Holdings after having its acquisition of Chrysalis-owned Galaxy 101 blocked by the Competition Commission (see Watchdog Blocks GWR-Backed Acquisition Of Galaxy 101). The move puts an end to GWR’s immediate plans to strengthen its position in Wales and the West, in a… Continue reading GWR Sells Vibe Following Competition Rebuttal

The number of broadband internet homes in the UK has reached two million, with new connections running at 35,000 every week, according to new figures from Oftel. The telecoms regulator says that many of the new subscriptions come from customers upgrading their narrowband services to broadband. “It took two years to reach one million connections,… Continue reading UK Broadband Reaches Two Million Homes

Wireless connectivity is increasingly being seen as a desirable commodity and is now present in more than 2 million US homes, according to new research from Parks Associates. The home networking market has been one of the main beneficiaries of the growth of mobile connectivity (see Wireless Home Networks Win Consumer Backing) and wi-fi solutions… Continue reading Wireless Is Preferred Solution For Home Networkers

In the week that Carlton Communications chairman, Michael Green, described ITV as a dysfunctional company that cannot compete effectively with its competitors (see Carlton Results Push Shares Up As Profits Return), a new report from Datamonitor claims that digital TV (DTV) – and particularly free-to-air – is undermining the businesses of existing broadcasters and channels.… Continue reading DTV Undermines Traditional Broadcasters’ Business, Says Datamonitor

The increasing popularity of Freeserve has helped digital TV penetration to rise to 55% of AB adults aged between 25 and 54, according to the latest wave of VIPer research. The study, which explores the media consumption of the UK’s most influential and affluent socio-economic group, shows that the growth of digital TV has enabled… Continue reading VIPers Sink Fangs Into Digital TV

Profits at GWR Group increased by more than 11% in the year to March 31, according to financial results released this morning. Figures were in line with expectations and reflected the success of restructuring efforts over the past twelve months.The group’s total revenues were £127.1 million, down from £128.4 million last year and pre-tax losses… Continue reading GWR Achieves Objectives In ‘Difficult’ Conditions

Carlton was seen in focus yesterday, up 1.80%, after unveiling strong first half financial results that beat market expectations (see Carlton Results Push Shares Up As Profits Return).Meanwhile, SMG suffered falling 6.83% after UBS Warburg reduced its pre-tax profit forecasts for the group, citing the weakness of the television advertising market. The note from UBS… Continue reading Sharewatch: Carlton Rises As Results Beat Expectations