New research from Strategy Analytics suggests that ‘mega-mergers’ within the global wireless services market will become scarce in the future as the industry puts value before volume due to the unfavourable economic outlook. Phil Kendall, director of Strategy Analytics’ Global Wireless Practice, commented: “Operators need to export successful strategies to sustain profit growth but there… Continue reading Future Of Global Wireless Industry Hinges On Value, Not Mergers
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Van Wagner and Vodafone have signed a five year advertising deal worth an estimated £10m.The deal is for the advertising site on Coventry House in London’s Piccadilly Circus, which is the only outdoor advertising space to occupy the eastern aspect of the tourist spot.Global brand director at Vodafone, David Haines, said: “We have recently introduced… Continue reading Van Wagner And Vodafone Sign 5 Year Deal
Zenith Media has today released their quarterly advertising revenue estimates. The new figures forecast 5% growth for radio this year against a decline in total ad spend for the UK of 0.8% (see Forecasts). Commercial Radio Revenue (£m) Yr-on-Yr Growth All Ad Revenue (£m) Yr-on-Yr Growth Radio Share 1999 395 9,529 4.1%… Continue reading Revised Radio Revenue Forecasts From Zenith Media
Future Publishing, whose portfolio’s emphasis on consumer IT made it vulnerable to the dotcom slump, among other factors, last year (see Future Network “Pushed Off Course In Bruising Year”), is nevertheless set to make another foray into the home computing market, having gained the exclusive UK licence for the Official Microsoft Windows magazine.The title will… Continue reading Future To Produce Windows Magazine
ITV is believed to have offered the position of marketing and commercial director to Channel 5 marketing chief, Jim Hytner.Press reports today speculated that Hytner will take over from John Hardie, who resigned two weeks ago to join Disney. ITV is thought to have had several informal meetings with Hytner but a decision is likely… Continue reading Jim Hytner To Join ITV?
Sky Sports and Two Way TV have announced a partnership to develop new interactive programming for Sky Digital viewers.Sky Sports, whose interactive service offers viewers on Sky Digital a choice of match coverage, through a range of viewing options, is to team up with Two Way TV, which offers live play-along interactivity and programming related… Continue reading Interactive Deal For Sky Sports And Two Way TV
EMAP has this morning confirmed the sale of its USA business to US consumer publisher, Primedia, for approximately $515 million (£366 million). The disposal has been anticipated for some time and follows EMAP’s failure to effectively consolidate the finances of the business – a problem which lead to the eventual resignation of chief executive Kevin… Continue reading Petersen Sale Closes ‘Difficult And Unhappy Chapter’ In EMAP’s History
Newcastle-based independent radio group, Forever Broadcasting, has bought Grand Central Broadcasting (GCB), holder of Chesterfield’s Peak 107FM, for £4.8 million, the company announced this morning. In the year to 30 September 2000, the latest period for which it has audited financial statements, GCB recorded a turnover of £741,904, a loss on ordinary activities after taxation… Continue reading Forever Broadcasting Buys Chesterfield’s Peak 107FM
As reported last week (see Forecasts) the latest figures from Zenith Media spell further doom for ITV. Zenith have reduced their forecasts for growth in television revenue from 3.6% for the year to -0.8%. Net Advertising Expenditure Prices In Current Prices (£m) 1996 1997 1998 1999 2000 2001f 2002f 2003f 2004f 2005f 2006f TV… Continue reading UK Advertising Revenue Forecasts From Zenith Media
colspan=”6″>Quarterly Data
