More Industry News articles

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

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

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

Following the dismissal of high profile DJ, Chris Evans, from Virgin Radio last Thursday (see Virgin Terminates Evans’ Contract), shares in SMG dropped 6.92%, week on week, to finish at £1.81˝, down 13˝p on the previous week.Week on week analysis also reveals that confidence in ITV partners Carlton and Granada was not seriously affected by… Continue reading Sharewatch

The ITV network is to rebrand as ITV1 later this year to reflect the extended family of brands created by the integration of digital terrestrial platform, ONdigital.Announcing the rebranding strategy ITV chief executive, Stuart Prebble, also confirmed that from 11 July ONdigital will become ITV Digital and ONnet the internet TV service will become ITV… Continue reading ITV Rebrands As ITV1

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

An investigation is underway after the main BBC channels were forced off air during peak time viewing on Saturday night due to a technical fault.Viewers watching BBC1 were left with nothing but a blank screen for twenty minutes, between 9.25pm and 9.45pm, as a power failure at the White City complex in west London caused… Continue reading BBC Blackout Prompts Migration To ITV

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

Emap Confirms US Business SaleEmap has 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… Continue reading Emap Confirms US Business Sale