Capital Radio yesterday posted a 27% decline in underlying profits and said that there is no foreseeable recovery from the prevailing poor advertising conditions (see Capital Radio Profits Fall 27% Following Ad Downturn). The Times says that whilst there is no good spin to be put on the fall in profits, Capital is nevertheless well… Continue reading Capital Radio Results – Reaction
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Press reports this morning suggest that BSkyB is in talks with Liberty Media to sell its 22% stake in German cable group Kirch (see BSkyB To Hold Off Sale Of Kirch Stake, Say Reports). The stake in Kirch, for which the company paid £312 million last year, cost BSkyB £29 million in the three months… Continue reading Murdoch In Talks To Sell Stake In Kirch To Liberty Media
Capital Radio has this morning reported a gloomy set of financial results, which show a 27% decline in pre-tax profit for the twelve months ended 30 September to £30.1 million. The company is saying that conditions remain tough as a result of the continued downturn in advertising, adding that there is virtually no visibility for… Continue reading Capital Radio Profits Fall 27% Following Ad Downturn
EMAP on Tuesday released financial results that demonstrated the continuing effects of the advertising and economic downturn, forecasting that there would be no second half recovery (see Emap Results ‘In Line With Expectations’ But No Second Half Recovery Expected). The Times notes that investors were wary of EMAP’s big US acquisition – which has since… Continue reading EMAP Results – Reaction
Future Network was the best performer in yesterday’s media market, in which only four companies saw shares fall. Stock jumped 25.64% to finish at 49p an increase of 10p on the previous day.Scottish Radio saw shares rise 3.34% yesterday to close at £8.50, after an encouraging set of interim results confirmed that the company had… Continue reading Sharewatch
The National Magazine Company (Natmag) is attempting to raise the profile of its women’s lifestyle titles with the appointment of Cara Sayer to the newly created position of events sponsorship and PR manager.Sayer, who takes up the position with immediate effect, will be responsible for raising brand awareness across Natmag’s portfolio of women’s lifestyle titles… Continue reading Natmag To Raise Profile Of Women’s Lifestyle Titles
Capital Radio has this morning reported a gloomy set of financial results, which show a 27% decline in pre-tax profit for the twelve months ended 30 September to £30.1 million. The company is saying that conditions remain tough as a result of the continued downturn in advertising, adding that there is virtually no visibility for… Continue reading Capital Radio Profits Fall 27% Following Ad Downturn
The Radio Authority has approved the Kent Messenger Group’s acquisition of South East Radio following an investigation to determin if the deal is in the public interest.The Kent Messenger Group acquired South East Radio, which broadcasts Neptune Radio to Folkestone and Dover, in September, but the deal was blocked by the Radio Authority because it… Continue reading Radio Authority Approves KM Radio Acquisition
TV advertising is the most successful way for brands to reach the UK’s over 50 population, according to the latest research from Thomson Intermedia.The study, which investigated the marketing and advertising strategies of eight UK brands currently targeting the so called “affluent grey market,” shows that TV advertising accounts for the largest portion of marketing… Continue reading TV Hits The Spot With Affluent Greys
Online retailer, Amazon.co.uk, held on to its position as the top online advertiser for women during September, the site gained exposure among 2,911,000 individual female internet users during the month and commanded 46.3% digital reach of the total at home internet universe. Capitalone.co.uk dropped two places to sixth position with visits from 1,666,000 unique women… Continue reading New Media Round-Up
