After the latest RAJAR data release last week confimed Capital‘s dominance among the London stations (see Newsline), shares climbed 18.22% in week on week analysis to finish at £7.30, an increase of 112˝p on the previous week.GWR and Chrysalis also saw shares rise due to their radio interests, the former saw stock jump 31.01% to… Continue reading Sharewatch
Murdoch Walks Away From ‘Dream’ DirecTV DealRupert Murdoch, frustrated with delays and torturous negotiations, has walked away from what many considered the ‘dream’ deal of his career – one which would have made him the greatest TV mogul ever, reaching more people in more countries than anyone else in history.For the past six months Murdoch’s… Continue reading Murdoch Walks Away From ‘Dream’ DirecTV Deal
German media group, Bertelsmann, may be interested in making a takeover bid for the UK’s Carlton Communications, according to a report in yesterday’s Observer newspaper. The article claims that the two companies have held ‘informal discussions’ recently, but that there are no ongoing negotiations. Bertelsmann is currently prevented from tying up with the ITV giant,… Continue reading Bertelsmann Looks At Carlton Merger, Says Report
Amazon.co.uk moved up from third in August to become the top online advertiser for September. The online retailer gained exposure among 7,156,000 at home internet users throughout the month and commanded a 47.6% digital reach. Ebay.co.uk climbed three places from eight last month, to occupy a strong mid-table position. The auction site was visited by… Continue reading New Media Round-Up
Johnston Press is appealing to the Competition Commission to overturn the Department of Trade and Industry’s decision to prevent its acquisition of eight free weekly newspapers from Trinity Mirror.The company’s £16m bid to buy the titles, which include the Peterborough Herald & Post, the Northampton Herald & Post, the Derby Trader and five other free… Continue reading Johnston Press Appeals Against DTI Decision
ITV’s chief executive, Stuart Prebble, has denied that ITV Digital is to close, after receiving assurance from shareholders, Carlton and Granada, that their investment in the loss making platform would continue.Announcing an increase in subscribers, Prebble sought to silence growing speculation that the platform is on the brink of collapse, saying: “Carlton and Granada have… Continue reading Prebble Denies ITV Digital Will Close
colspan=”5″>Top/Bottom 10 Weekly Reach (000s) % Change
Capital Radio, which already owns the leading radio station in London, Capital 95.8, has aquired a 19% stake in up and coming urban contemporary black music station Choice FM. The stake, in Choice’s owners Tainside Limited, cost Capital £3.3m, valuing the whole business at £16m. There is an option in the deal for Capital to… Continue reading Capital Expands London Portfolio
Virgin Radio’s breakfast show has broken the 2 million listener mark for the first time in over a year, proving that high-profile celebrity DJ, Chris Evans, was far from indispensable.Capital DJ Steve Penk took over the breakfast show after the controversial departure of Evans last June (see Virgin Terminates Evans’ Contract), and has attracted 300,000… Continue reading Virgin Radio Shows Signs Of Life After Evans
The RAJAR radio listening figures for the third quarter of this year were released yesterday, which showed overall listening hours and reach are up (see BBC Retains Lead In RAJAR Results). GWR, whose Classic FM reached its best figures, jumped 25½p to £2.11 as a result, while Capital rose over 4% to £7.02½ and Emap… Continue reading Sharewatch
