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
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The ASA has made its first adjudication on SMS advertising and has upheld a complaint against a computer games company for sending a spoof text message asking people to report for army duty.The ASA received complaints from a former member of the British army who felt that the text message, which stated: “Please report to… Continue reading ASA Upholds First SMS Ad Complaint
Future Network was the best performer in yesterday’s buoyant media market, in which only two companies saw shares fall. Stock was up 18.18% to finish at 39p, an increase of 6p on the previous day.Carlton, which was rumoured to have been considering an informal takeover bid made by the German group, Bertelsmann TV, during September… Continue reading Sharewatch
SMG has announced that its wholly owned subsidiary, Pearl & Dean, has been awarded the four-year contract to sell advertising across the UK and Ireland for UCG Cinemas.The contract, which runs from 7 January next year and covers 405 screens in 43 cinemas, takes the number of screens handled by Pearl & Dean to 1,406… Continue reading SMG’s Pearl & Dean Secures Cinema Ad Deal
Internet advertising revenue in the UK exceeded £90m in the first half of 2001, showing an increase of £26m or 42% on the same period last year, according to the latest research carried out for the IAB.The study, which measures the industry based on figures submitted by the finance departments of online media companies, shows… Continue reading UK Internet Ad Revenue Grows 42% In First Half Of 2001
Car use is on the increase – Office for National Statistics figures put the percentage of UK households with access to at least one car at over 70%, while one household in four has two or more motors.The UK magazine market has upwards of 20 general interest motoring titles, not including the numerous used-car, off-road,… Continue reading Feature: Motoring Websites
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 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
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
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
