More Industry News articles

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

Telewest Communications’ chief executive, Adam Singer, has been abruptly ousted from the cable operator’s Board following what the Financial Times describes as a ‘boardroom coup’. Singer was ‘forced’ to resign by non-executive directors at the company, according to reports.Taking the helm at the heavily indebted cable group is previous finance director, Charles Burdick, who will… Continue reading Telewest Chief Executive Removed In ‘Boardroom Coup’

GWR is selling its 25% stake in DMG Radio Australia to Daily Mail and General Trust (DMGT), holder of the remaining 75%, in return for a cancellation of debt to the company. As part of the deal, 5.8 million new shares in GWR will be issued to DMGT, raising its stake in GWR from 26.8%… Continue reading GWR Offloads DMG Radio Australia And Reduces Debt

RAJAR figures for the second quarter of 2002 bring less than impressive news for the majority of London radio stations. Capital 95.8 FM and Capital Gold London were the only stations to see their weekly reach increase period on period.Among other major London radio stations, Heart 106.2 experienced a slight decline in reach, whilst Kiss… Continue reading RAJAR Results Q2 2002- London Stations

Radio advertising revenues rose by 23% in the three months to 31 July 2002 at Chrysalis Radio, following a 24% growth during March and April, the company announced in a statement this morning.These figures are considerably higher than second and third quarter forecasts from the Advertising Association (AA) and indicate that Chrysalis is currently outperforming… Continue reading Chrysalis Radio Ad Revenues Outperform Market

Ad revenues at radio group GWR rose by 6.0% year on year in the second quarter, ahead of expectations and at first look indicating a strengthening radio marketplace; GWR had been expecting only ‘marginal’ growth for the period (see GWR To Focus On UK Market As Group Profits Fall). Like for like revenues in the… Continue reading GWR Revenues Rise 6% In Q2, But Declines Expected In Q3

BSkyB, which yesterday announced that it gained 214,000 subscribers in Q4 last year, taking its total to 6.1 million (see Financial Results Released By Trinity And BSkyB), saw shares rise yesterday. Stock improved 1.18% to close at £5.99, an increase of 7p on the day before.Trinity Mirror, which revealed that pre-tax profits fell to £78.4… Continue reading Sharewatch

Telewest Communications’ chief executive, Adam Singer, has been abruptly ousted from the cable operator’s Board following what the Financial Times describes as a ‘boardroom coup’. Singer was ‘forced’ to resign by non-executive directors at the company, according to reports. Taking the helm at the heavily indebted cable group is previous finance director, Charles Burdick, who… Continue reading Telewest Chief Executive Removed In ‘Boardroom Coup’

NRS figures for the first six months of 2002 show that during the period there has been little change in the number of people reading national newspapers. However, there have been winners and losers.GMG group emerged as the main winner in a year on year comparison. The Guardian saw the best percentage increase year on… Continue reading NRS National Newspaper Round-Up – June 2002

UK cable operator, Telewest Communications, has this morning posted its first half financials, after a period which newly-installed managing director, Charles Burdick, described as a ‘tough quarter’. Burdick has just taken over the top position at the indebted business, after previous chief executive, Adam Singer, was ousted by the Board (see Telewest Chief Executive Removed… Continue reading Loss Narrows As Broadband Grows At Telewest