Stock in Carlton Communications was one of the worst performers on the FTSE100 this morning, following the group’s financial results in which it warned that it is not yet possible to predict when the ailing advertising market will begin to improve. The downturn in the ad market, exacerbated by the dotcom marketing boom of last… Continue reading Carlton Stock Dives On Indefinite Ad Downturn
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Radio company Forever Broadcasting this morning said that it is seeking for further suitable acquisitions to build on its purchase this year of Surf 102.7FM in Brighton and 107.7FM The Wolf in Wolverhampton (see Forever Broadcasting Acquires The Wolf – 9 February 2001). Announcing the company’s interim financial results, chairman John Joseph said: “We are… Continue reading Forever Broadcasting Looks To Further Radio Acquisitions
Martin Boase, chairman of outdoor advertising contractor Maiden, yesterday told his company’s AGM that there has been a strong start to the year for outdoor advertising, despite a broader slowdown in the ad market. He said that Maiden’s record performance in 2000 has so far been carried over into this year. Despite a ‘more uncertain… Continue reading Maiden Chairman Offers Positive Outlook
A debate over whether to impose harmonised advertising laws across the European Union’s member states has emerged, according to a report on the FT.com website. The controversial plans to reform the EU’s advertising legislation will be unveiled in more detail in a green paper to be released next month. However, the FT reports that whilst… Continue reading EU Split Of Advertising Reform, Reports FT.com
Match Of The Day could find its new home in ITV’s Saturday teatime schedule, replacing existing light entertainment programmes like Blind Date and Stars In Their Eyes.ITV is considering plans to show its version of the BBC sports programme which aired at 10.30pm, in a new early evening slot in an attempt to breath new… Continue reading ITV’s Match Of The Day Headed For Saturday Teatime
Cinema admissions in April reached an unprecedented 14 million according to the latest CAA figures. With an average of 3.26m admissions per week April 2001 figures were the highest for 26 years.April’s soaring admissions were largely due to the release of the widely successful Bridget Jones’ Diary, which dominated the box office generating a three… Continue reading April’s Cinema Admissions Reach A 26 Year High
Stock in Carlton Communications was one of the worst performers on the FTSE100 this morning, following the group’s financial results in which it warned that it is not yet possible to predict when the ailing advertising market will begin to improve.The downturn in the ad market, exacerbated by the dotcom marketing boom of last year,… Continue reading Carlton Stock Dives On Indefinite Ad Downturn
Outdoor group Maiden indicated yesterday at its AGM that its own sector was feeling less ill-effects of the widely reported advertising slowdown than sectors such as TV and Radio.“The strong growth in the first quarter accelerated through into April and, in spite of a more uncertain economic environment in May and June, we expect revenue… Continue reading Maiden Upbeat About Outdoor Prospects Following Strong Start To Year
RevenueIn a year on year analysis total terrestrial TV revenue fell 13.8% during April. Worst hit was ITV, which saw its revenue drop compared to the same period in 2000, with a fall of 18.9%. Least affected was Channel 4.Satellite revenues went up, as the non-terrestrial channels continue to gain influence and audience. Total revenue… Continue reading TV Market Round-Up – April 2001
GWR’s full year results, released yesterday (see GWR Announces Board Changes As Results Come In Line With ExpectationsThe closing prices of media company shares yesterday were:
