The advertising and public relations market place remains ‘very weak’ according to a trading statement from Chime Communications posted this morning. In its preliminary announcement in March, Chime said that market conditions had not improved (see No Recovery Until Second Half Says Chime Communications) and this has continued to be the case for the first… Continue reading Chime Sees ‘Very Weak’ Market Conditions
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Chrysalis Radio has outperformed the rest of the radio industry, the group said this morning announcing its interim financial results. Overall radio revenues were flat at £22.7 million for the six months to 28 February 2002. This compares to a 12% decline for the industry over the same period, said Chrysalis. Pre-tax profit swung into… Continue reading Chrysalis Sees Stronger Radio Revenues, Outlook Remains Uncertain
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A year on year comparison of RAJAR figures released for the first quarter of this year show that once again BBC Radio 2 dominated the national scene. Compared to Q1 2001 it saw an 18.7% increase in weekly reach, while share was up 1.6 percentage points.Of the commercial stations Classic FM did well, seeing a… Continue reading RAJAR Results Q1 2002- National Stations
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The media sector continued its strong performance yesterday as investors considered prospective take-over targets following the publication of the Government’s draft Communications Bill late on Tuesday (see Draft Communications Bill Relaxes Cross Media Rules).Carlton and Granada were among the best performers in yesterday’s media market, with shares climbing on the basis that the Bill cleared… Continue reading Sharewatch
Trinity Mirror said it has pulled out of the deal to sell eight weekly titles to Johnston Press (see Deadline For Johnston/Trinity Decision Extended). Trinity received consent from the Department of Trade and Industry on 3 May to transfer four East Midland local papers the sale of a further four papers was blocked. Consequently, Trinity… Continue reading Trinity Mirror Backs Out Of Sale Of Titles To Johnston Press
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Full listings of performance by ownership for the major radio station owners is available to subscribers in Radio reports, click button on left.Subscribers can access the full version of this article in Radio reports, click button on left of screen
Newspaper advertising has remained tough during the first four months of the year, according to regional and national press publisher Trinity Mirror. The group’s chairman Sir Victor Blank told the company’s AGM that ‘circulation revenue has provided an underlying stable base for the company against a background of an advertising market that, for the first… Continue reading Trinity Sees Tough Ad Conditions In The South
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The IPA has welcomed Tuesday’s draft Communications Bill but has expressed disappointment that certain issues relating to advertising, in particular with regards to sales rules, have not been addressed.IPA Media Policy Group chairman Jim Marshall said: “While the Bill is more liberal that we expected, our biggest concern remains- where is the recognition and protection… Continue reading IPA Gives Limited Welcome To Draft Bill
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The Outdoor Advertising Association (OAA) is working to get poster companies to adopt a universal method of proving that ads have been posted on their sites.The initiative marks the first time that competing poster contractors have collaborated on the methodology used to verify ad posting and is intended to bring greater accountability to the sector.Poster… Continue reading OAA Working Towards Ad Verification System