Scottish Radio Holdings’ (SRH) greater exposure to local advertising revenues has enabled it to outperform the radio market, according to its annual financial results released this morning.Whilst SRH saw radio turnover remain more or less flat (£34.2 million this year against £34.8 million in 2000) and radio profits dipped from £13.0 million to £11.0 million,… Continue reading Scottish Radio Outperforms Market, But Profits Dip
The European Commission has cleared the sports rights merger between Groupe Jean-Claude Darmon, Canal+ Group and RTL Group, following months of speculation and delays. The new entity, which combines all the sports right activities of the three groups, will be called Sportfive. The merger, first announced in May, will create a leading European venture with… Continue reading EC Clears European Sports Rights Merger
The Radio Advertising Bureau has published a guide to help advertisers get the most out of radio promotions and sponsorship deals, following the success of a seminar on the subject last month.The guide, which is available on the RAB website, aims to help advertisers align their brands with the editorial content of radio stations and… Continue reading RAB Publishes Guide To Radio Sponsorship
Scottish Radio Holdings’ (SRH) greater exposure to local advertising revenues has enabled it to outperform the radio market, according to its annual financial results released this morning. Whilst SRH saw radio turnover remain more or less flat (£34.2 million this year against £34.8 million in 2000) and radio profits dipped from £13.0 million to £11.0… Continue reading Scottish Radio Outperforms Market, But Profits Dip
Emap Performance is expanding its Smash Hits portfolio with the launch of Smash Hits Radio in March next year.The celebrity gossip and non-stop pop station will initially broadcast to a potential audience of 20 million people in London and the north of England and will offer listeners the chance to choose what music is played… Continue reading Emap To Launch Smash Hits Radio
Pan-European broadcasting group, UPC, has posted a 62% increase in EBITDA, up from the E97 million loss of last time to a loss of E37 million for Q3 2001. This is a slightly better performance than ABN Amro forecasts which had expected an earnings loss of E39.6 million. The group says it is still on… Continue reading UPC Reduces Earnings Loss In Q3 Results
IPC is closing six of its magazines as well as its events and exhibitions business, IPC Live, resulting in 115 redundancies.Your Life, Marie Claire Health and Beauty, Woman’s Journal, Your Garden and Homes and Ideas will all close as part of an ongoing review of the company and Parenting’s Complete Guide to Pregnancy will fold… Continue reading IPC Closes Six Magazines
The advertising downturn is taking its toll on the industry but John Harlow, partner in Naked Communications, suggests that marketing partnerships could be the light at the end of the tunnel for many advertisers.The industry is going through an uncomfortable period. Faced with economic uncertainty, job losses, declining revenues and budgets, it’s no wonder that… Continue reading Happy Families
Emap today released interim results which, although in line with expectations, demonstrated the extent to which the group had been hit by the advertising slump and forecast no second half recovery.The group said “normalised” pre-tax profits, excluding figures from its US operation which was sold in July, rose 8% to £55m, while revenues rose 3%… Continue reading Emap Results ‘In Line With Expectations’
Emap today released interim results which, although in line with expectations, demonstrated the extent to which the group had been hit by the advertising slump and forecast no second half recovery. The group said “normalised” pre-tax profits, excluding figures from its US operation which was sold in July (see Petersen Sale Closes ‘Difficult And Unhappy… Continue reading Emap Results ‘In Line With Expectations’ But No Second Half Recovery Expected
