Whilst recent RAJAR figures reveal a continuing upward trend in UK commercial radio listening (see Forecasts), this has not been converted into revenue as figures for Q2 show a decline in ad revenue of 14.5% when compared to Q2 2000. National advertising fell by 18.6% but this drop was offset slightly by a fall of… Continue reading UK Radio Q2 Ad Revenue Falls By 14.5%
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By 2006, there will be nearly 250 million mobile subscribers in the United States, according to “US Cellular Market Forecast 2001 – 2006”, a report by Strategy Analytics. Handset purchases are forecast to top 154 million by this date and penetration is forecast to reach 50% of the population by 2002. New equipment and services… Continue reading US Mobile Users Will Top 250 Million In 2006, Says Strategy Analytics
United Business Media, which released its interim results last week, saw shares rise 8.84% in week on week analysis (see UBM Profits Down Nearly 50%), to finish at £5.97, 48˝p better off than the week before.Granada, which completed its acquisition of Border TV from Capital Radio last week (see Granada Completes Border Deal), saw shares… Continue reading Sharewatch
The first analogue transmissions of the over-50s radio station Saga Radio will be going out via NTL Broadcast, after the group won the transmission contract.Ron Coles, managing director of Saga Radio, commented: “We are extremely pleased to have NTL’s experience to call on, and very excited about gaining our first analogue licence.”While this West Midlands… Continue reading NTL Wins Saga Broadcast Contract
GWR has cut 46 jobs from its online division and in the future plans to concentrate on selling radio.The job losses will mean that the company will no longer focus on the development of its local news, weather and entertainment site, Koko.com, but will concentrate on developing radio pages and localised directories.GWR’s local radio stations… Continue reading GWR Cuts Online Jobs
Travel agent Thomas Cook successfully defended itself to the ITC in June when one of its TV commercials prompted the largest number of complaints for that month.A total of 29 viewers complained about the ad, in which a young Afro-Caribbean man and woman meet in a supermarket. The man asks the woman how long it… Continue reading ITC Rejects Stereotyping Complaints
MediaTel Group’s online trading brand, MediaTrader, has launched a new briefing system allowing media planners and buyers to send multiple briefings to a range of over 8,000 media owners.The system, called easyBrief, will be made immediately available free of charge to over 80 media buying companies via MediaTel.co.uk and will allow subscribers to brief media… Continue reading Media Trader Launches easyBrief
United Business Media (UBM) announced that Bernard Gray, previously the group strategy director, has been appointed as chief executive of CMP Information, UBM’s UK-based professional media business, with immediate effect. He will be responsible for the next phase of CMP Information’s development, the company said. United’s profits were hit in the first half by falling… Continue reading UBM Appoints CMP Information Chief
Yesterday proved another buoyant day for media shares with most showing increases on Wednesday’s closing prices. One notable exception was Future Network, which, having been boosted earlier in the week by the prospect of a sale of the company, slumped 11½p to 42½p, when the offer talks turned out to have ended without fruit.Among those… Continue reading Sharewatch
Emap has announced that Paul Keenan, chief executive of Emap Digital, is to head up a new umbrella group called Emap Consumer Media.The new division will house all of Emap’s consumer titles including Emap Elan, Emap Automotive, Emap Active and FHM international, while Emap’s music titles will remain independent as part of the Performance Network.A… Continue reading Keenan Heads New Emap Division
