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The new managing director of Telewest has admitted that the indebted cable group will have to undergo financial restructuring to guarantee its future performance. Charles Burdick who has taken the helm following the removal of former chief executive, Adam Singer (see Telewest Chief Executive Removed In ‘Boardroom Coup’), said “We’re moving down the steps to… Continue reading Telewest Moving Closer To Debt Swap Agreement

Following yesterday’s release of RAJAR data for the three-month period ending June 2002, figures from Nielsen Media Research show that national speech-based sports radio station, TalkSPORT saw revenue increase by over £1 million period on period during the second quarter of this year, despite seeing its weekly reach decline by 1% during the same three-month… Continue reading RAJAR Follow-Up Report – Revenue At Selected National Commercial Radio Stations

The challenging advertising market continues, according to the first half financial results statement from United Business Media (UBM) released this morning. The group’s chief executive, Clive Hollick, said that there has been “no let-up in the difficult market conditions”. Accordingly, pre-tax profit fell by 43.2% to £40.7 million for the six months to 30 June… Continue reading Continuing Tough Market Hits UBM Profits

Emap’s young women’s title More! is to relaunch with a new look from 7 August. A multi-million pound marketing campaign will promote the fortnightly title’s new editorial content, which will include Snoop!, a 20-page celebrity section.The marketing campaign will include a TV treatment, breaking on 8 August. Visually, the title has been given a “fresher,… Continue reading Emap To Invest In Marketing Revamped More!

The challenging advertising market continues, according to the first half financial results statement from United Business Media (UBM) released this morning. The group’s chief executive, Clive Hollick, said that there has been “no let-up in the difficult market conditions”.Accordingly, pre-tax profit fell by 43.2% to £40.7 million for the six months to 30 June 2002.… Continue reading Continuing Tough Market Hits UBM Profits

UK television revenues are set to hit £3.1 billion this year, representing a 3.1% growth over 2001, according to forecasts from buying agency Carat. Growth is expected to rise to 4.7% in 2003, with longer term forecasts currently predicting 4.0% growth each year thereafter until 2007. By this time UK TV revenue will total around… Continue reading Long-Term UK TV Revenue Forecasts From Carat

National speech-based sports radio station, TEAMtalk 252, is to close after less than five months on air.The station, which launched in February to rival Wireless Group-owned TalkSPORT and BBC Radio Five Live, was bought by UKBetting in May for around £14m (see UKBetting To Acquire TEAMtalk For £13.7m). The online bookmaker has decided to close… Continue reading TEAMtalk 252 To Close After Less Than Five Months

The Football League today lost their High Court case against Carlton and Granada’s collapsed ITV Digital venture over £178.5 million owed from a three-year broadcasting deal.ITV Digital, formerly known as ONDigital, went into liquidation in April when it announced that it could not fully honour the £315 million contract. A number of league clubs have… Continue reading League Loses ITV Digital Battle

The Football League today lost their High Court case against Carlton and Granada’s collapsed ITV Digital venture over £178.5 million owed from a three-year broadcasting deal. ITV Digital, formerly known as ONDigital, went into liquidation in April when it announced that it could not fully honour the £315 million contract. A number of league clubs… Continue reading League Loses ITV Digital Battle

This year’s World Cup was expected to benefit radio listening due to the time difference with host nations Japan and Korea. A year on year comparison of listening for the national sports stations seems to suggest this was the case. BBC Radio 5 Live, which carried live match commentary, saw a significant increase in weekly… Continue reading RAJAR Results Q2 2002- National Stations