Once again this was a bad quarter for national commercial radio, which saw a decline in reach across all its stations. Like the previous quarter, worst hit were Atlantic 252, which dropped 21.2% and Virgin AM, which fell 34.3% in a year on year comparison.The BBC stations did not do very much better, with Radio… Continue reading Rajar Figures Show Another Tough Quarter For Commercial Stations
The truth may be difficult to bear, even unthinkable. But could it be the case that an advertising-based model of the internet simply does not work? This is certainly the contention made by analysts at McKinsey Quarterly in their new report, Can Broadband Save Internet Media?. The report claims that, ‘despite brutal evidence to the… Continue reading Insight Analysis: Is An Advertising-Based Internet Really Feasible?
News Corp, parent to News International and BSkyB in the UK, released its financial results last night, showing a net profit after tax of $127 million, down slightly on the $193 million of last year. The fall was principally due to a weaker Film market, according to analysts at ABN Amro. Newspaper revenues, however, were… Continue reading Newspapers And BSkyB Strong For News Corp
Commercial radio has fought back in the fight for 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, bringing it to 46.6%, while All BBC saw a drop of 0.8 percentage points.Local Commercial also had a healthy quarter in… Continue reading RAJAR: Quarterly Gains For Commercial Radio
Cable group NTL has this morning announced a quarterly revenues increase of 6% to £622 million, for the three months ended 31 March. At the same time EBITDA increased by 32% quarter on quarter to £86 million. Earlier in the week the group’s wholly-owned subsidiary, NTL Communications Corp, placed $1 billion worth of Convertible Notes;… Continue reading NTL Raises Cash For The Future
Sky’s summer analogue switch-off date could be as late as September and will leave a potential 60,000 analogue customers with the choice of either switching to digital or losing their multichannel services.BSkyB originally planned to switch off its analogue service in June this year, having converted all but 250,000 of the 3.5m analogue customers it… Continue reading Sky Analogue Switch Off May Not Come Until September
The beginning of this month saw the release of two reports on ad expenditure from opposing ends of the market which drew unsurprisingly different conclusions with regard to predictions for growth. In the latest Myers Report, New York economist Jack Myers has revised his ad revenue estimates for the coming year claiming that the decline… Continue reading Insight Analysis: Recession? What Recession?
Brokers responded yesterday to recent low advertising figures for ITV. Several reduced their stance on both Carlton and Granada. As a result, Carlton shares ended the day down 6½p at £4.15½. Granada showed signs of weakness early on in the day, but managed to finish with a small increase of 1¼p to reach £1.82¼p.Bright Station… Continue reading Sharewatch
The advertising and public relations market place remains ‘very weak’ according to a trading statement from Chime Communications posted this morning (see Chime Sees ‘Very Weak’ Market Conditions). H1 revenues to be 10% down Recent trading is showing some signs of improvement, but against the background of a weak start to 2002 management’s current expectation… Continue reading H2 Advertising And Marketing Recovery ‘Slower Than Expected’, Says Chime
This time last year everyone was certain that the advertising and sponsorship on the internet to justify the huge spending of the dotcom boom companies was just around the corner. One year on and the corner has yet to be turned. Figures from NetValue claim that a third of UK homes now have internet access,… Continue reading Feature: Surviving The Dotcom Bomb
