United Business Media (UBM) has seen its pre tax profits fall 48% year on year to £71.7m. The group announced its interim results this morning which also revealed revenues down 4.3% at £489.4m.Chief executive Clive Hollick commented: “Trading conditions in the first six months of the year have been extremely tough with weakness in the… Continue reading UBM Profits Down Nearly 50%
Pre-tax profit at United Business Media (UBM) was down by 48% year on year for the six months to 30 June 2001, impacted by the downturn in hi-tech advertising revenues at its CMP Media publishing business in the US. Interim profits came in at £71.7 million, way below the £137.8 million of last time. Revenues… Continue reading Profits Halve At UBM After US Hi-Tech Advertising Slump
ABN AMRO has downgraded its full year forecast for UK media from 0.4% to -1.6% in response to data from AC Nielsen MMS indicating that during June the market slipped 13.7% year on year. The research and analysis group says its revised forecast reflects “the increasing likelihood that there will be no significant second half… Continue reading ABN AMRO Downgrades UK Media Forecast
New research from Jupiter MMXI reveals the value of online teens to European marketers. Currently, teenagers represent 12% of the European online population and are spending a significant and increasing amount of their time online. In June 2001, 12 – 17 year olds in Europe spent nearly 8 hours online representing an increase of 2… Continue reading European Teens Are A Valuable Audience For Online Marketers, Says Jupiter
ITV has announced that its new football highlights programme, The Premiership, will be screened at 7pm on Saturday nights, replacing existing light entertainment programmes like Blind Date and Stars In Their Eyes.ITV poached the rights to show the Premier League match highlights from BBC1 last July and has scheduled the programme for Saturday evenings in… Continue reading ITV Brings Sport To Saturday Evenings
New research from Jupiter MMXI has revealed the value of online teens to European marketers. Currently, teenagers represent 12% of the European online population and are spending a significant and increasing amount of their time online. In June 2001, 12 – 17 year olds in Europe spent nearly 8 hours online, representing an increase of… Continue reading European Teens Are Valuable Online Audience
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
Wednesday proved a buoyant day on the stock market for media shares, with notable increases from troubled magazine and web publisher Future, which, having recently announced a restructure, saw an increase of 9½p on the previous day’s closing price, a rise of just under 10% which took it to 54p. Also on the increase were… Continue reading Sharewatch
Commercial radio has fought back in share of listening, according to RAJAR figures released this morning. All Commercial saw a quarter on quarter increase in percentage share of 0.6 percentage points, while All BBC saw a drop of 0.8 percentage points, although it still leads the field. Local Commercial also had a healthy quarter in… Continue reading Quarterly Gains For UK Commercial Radio
The following tables show the performance of each of the main UK radio groups in the latest RAJAR figures for the one year to June 2001. BBC Radio Stations Weekly Reach (000s) Year On Year Comparisons Station Survey Period Ending June 2000 Ending June 2001 % Ch BBC 3 Counties H 152 168 10.5 BBC… Continue reading June 2001 RAJAR – Performance By Ownership
