Shares in Radio First, operator of the football club-based Fan Radio Network, have been delisted from the AIM today after the group failed to release its interim financial results on 31 December 2002.Radio First is in discussions to acquire an overseas media group in a deal which would allow the combined business to secure extra… Continue reading Radio First Shares Delisted As Overseas Acquisition Is Delayed
The merger of Carlton and Granada to form a single ITV would not be detrimental to advertisers, according to the UK’s largest media buying agency Carat. Regulators are expected to scrutinise the proposed £2.6 billion merger (see Carlton/Granada Move Closer To £2.6bn Single ITV Company), following concerns that a combined Carlton and Granada – controlling… Continue reading Carlton And Granada Merger Gets Agency Backing
Media HealthcheckDecember brought a flurry of prognostications from the world’s leading advertising forecasters, all predicting a return to positive growth globally in 2003.Broadband Prices Must Come DownThe perception that broadband services are too expensive to inspire mass adoption is supported by a new study from Reed Electronics Research.US Radio Advertising Set For 5.3% Growth In… Continue reading On MediaTel Insight Today…
US radio advertising revenue is forecast to grow by 5.3% in 2003, with national advertising continuing to out-pace local, according to analysts at Merrill Lynch. This is an outperformance of the broader advertising market forecast, for which Merrill predicts 4.0% growth, and is a slight increase on the 5.2% 2003 growth that the broker forecast… Continue reading US Radio Advertising Set For 5.3% Growth In 2003, Says Merrill Lynch
The perception that broadband services are too expensive to inspire mass adoption is supported by a new study from Reed Electronics Research. Following analysis of fourteen European countries, it was found that the ‘trigger’ price necessary to encourage widespread take-up of broadband was E39 or £25 per month. As a point of reference, BT’s standard… Continue reading Broadband Prices Must Come Down, Says Study
NTL, the financially troubled cable company, is being sued by Morgan Stanley over £7 million in allegedly unpaid fees dating back three years. The legal move comes as a blow to NTL which is in the process of a complicated financial restructuring (see NTL And Telewest Press Ahead With Refinancing Plans). Morgan Stanley remains one… Continue reading NTL Sued By Banking Adviser
Shares in Radio First, operator of the football club-based Fan Radio Network, have been delisted from the AIM today after the group failed to release its interim financial results on 31 December 2002. Radio First is in discussions to acquire an overseas media group in a deal which would allow the combined business to secure… Continue reading Radio First Shares Delisted As Overseas Acquisition Is Delayed
The UK market ended its most lacklustre year for two decades on a relatively positive note, with the FTSE 100 showing signs of improvement towards the close of trade.Trinity Mirror, which recently announced that IPC chief executive, Sly Bailey, is to replace Philip Graf as chief executive (see Bailey Leaves IPC To Replace Graf At… Continue reading Sharewatch
More than two thirds of the population have never visited any of the Government’s 3,000 websites, according to new research from IT consultancy firm, Hedra.The study shows that fewer than 3% of UK adults regularly use Government websites to access public services, despite the fact that nearly two thirds of the population now have internet… Continue reading Government Websites Fail To Captivate
JanuaryThe BBC began the year by claiming victory over ITV in the annual ratings war, with BARB figures for 2001 showing that across all hours more people watched BBC1 than ITV1 (see BBC Claims Ratings Victory Over ITV). Over at ITV things were less than rosy, as the channel announced it would no longer publish… Continue reading End Of Year News Round-Up: Television
