Sharp falls on the New York stock exchange, combined with a downgrade from Goldman Sachs, sent Reuters shares down 73p to end at £11.19.United Business Media neared the end of its first week under its new, business-centric title down 30p at £8.40. Wireless Group, having just announced investments in its Scottish interests (see Wireless Group… Continue reading Sharewatch
Scottish Radio was one of the best performers on the FTSE yesterday, climbing £1.02˝ to £17.05 as a sale of the group appeared imminent following a further raid on its shares by SMG (see SRH Confirms Interest From A “Number” Of Parties). SMG slipped 2p to 274p, however, as the existence of other suitors emerged.Reuters… Continue reading Sharewatch
Press classified advertising continues to be a thriving market despite the rise of the internet as a classified medium. This is the result of a report into the market by CIA MediaLab, which shows adspend for both regional and national newspapers forecast for strong growth during 2000 and 2001.An overall increase in classified adspend of… Continue reading Classified On The Rise Despite Net Threat
The Independent Television Commission (ITC) has announced the financial terms that will be offered to Anglia Television if it chooses to apply to extend its licence for a further 10 years. The ITC has asked the East of England ITV franchise to pay a vastly reduced rate for renewal of its licence. A cash sum… Continue reading ITC Announces Anglia Terms For Renewal
The Wireless Group is to invest £1.5m in the company’s Scottish operations, which include three stations: Scot FM, based in Edinburgh, 96.3 Q.FM, based in Glasgow and Wave 102 , based in Dundee.Kelvin MacKenzie, chairman and chief executive, said: “Scotland is fundamental to the success of The Wireless Group (TWG), and these announcements demonstrate our… Continue reading Wireless Group Invests £1.5m In Scottish Radio Stations
Ipsos-RSL Ltd have been awarded the new National Research Surveys (NRS) contract, worth around £2.5m per year. The decision was made by the NRS board on 15 December to award the new contract, which runs from January to 2002 until December 2005, to the holders of the current contract on the grounds of the bid’s… Continue reading Ipsos-RSL Revealed As Winner Of New NRS Contract
The Independent Television Commission (ITC) has announced the financial terms that will be offered to Anglia Television if it chooses to apply to extend its licence for a further 10 years. The ITC has asked the East of England ITV franchise to pay a vastly reduced rate for renewal of its licence.A cash sum of… Continue reading ITC Announces Anglia Terms For Renewal
NTL has passed it year-end target of 500,000 digital subscribers ahead of schedule. A total 505,749 customers are now installed to its digital cable service.Launched in May this year, the company hoped to attract 300,000 customers by the year-end (see NTL Launches Digital Cable Services). By October, however, its subscription level had reached 325,000 and… Continue reading NTL Reaches Half Million Target
The Government’s target of internet access for all by 2005, as outlined in the Communications White Paper (see White Paper Paves Way For Communications “Revolution”), could be achieved if the uptake rate of digital technology for home use continues as it has been. The latest statistics from the Office of National Statistics (ONS) show that… Continue reading Home Internet Usage On The Increase, But Digital Divide Still Exists
Scottish Radio Holdings has announced that it has received approaches from a number of parties and is currently in discussion regarding the possible sale of the company. The group has been the subject of takeover rumours since rival SMG increased its stake in the group twice in as many weeks (see SMG Increases Stake In… Continue reading SRH Confirms Interest From A “Number” Of Parties
