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
Subscribers can access the full version of this article, containing tables showing the best and worst performers, in terms of weekly reach and share of listening, of the local commercial stations broadcasting outside London, by clicking on the Radio reports list (left).Among those gaining the largest increases period on period in terms of weekly reach… Continue reading September 2001 RAJAR – Local Commercial Stations
SMG has today announced that its review of staffing levels will result in a maximum of 95 redundancies across its operations by the end of 2001. This represents around 5% of the media company’s total workforce.Of the 95 redundancies, 17 are management positions. Whilst a further 52 staff have volunteered for redundancy, SMG had to… Continue reading SMG Makes 95 Cost-Cutting Redundancies
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
colspan=”7″>US E-Commerce Revenue Forecasts 2000-2005
With the latest RAJAR radio audience figures out today, one of the worst falls among media shares yesterday was talkSPORT owner Wireless Group, which ended down 10p at 47½p, a fall of over 17% compared to the previous day’s closing price. Emap also suffered a fall, although less severe, slipping 10p to £6.42, a decrease… Continue reading Sharewatch
