GWR’s subsidiary Now Digital is launching the first three of its local digital multiplex services on 31 January (see Now Digital Wins Third Local Digital Radio Multiplex Licence). The three licences, which cover the areas of Bristol & Bath, Coventry & Wolverhampton and Shrewsbury & Telford represent a combined reach of 2.5m adult listeners.Russell Stuart,… Continue reading GWR Prepares To Launch First Local Digital Offerings
Analysts Merrill Lynch downgraded Johnston Press yesterday, causing shares to fall 4p to £3.11. The group has today also reduced forecasts for both Granada Media and Carlton. Shares ended yesterday up 5p at £3.95 and up 8½ at £5.50 respectively.Pearson held an investor seminar in New York yesterday regarding its education business. It will run… Continue reading Sharewatch
Rosie Boycott has quit her position as editor of The Express after three years in the job, putting an end to the speculation about her possible departure that began with Richard Desmond’s surprise takeover of the Express Group newspapers last year (see Gossip And Girlie Publisher Takes On Express And Star). Her deputy editor, Chris… Continue reading Rosie Boycott Resigns From Express
25 January 2001 Luxembourg-based media group RTL has won permission from the Conseil Superieur de l’Audiovisuel (CSA) to take a 20% stake in French radio group Sud Radio. The holding will be acquired from Sud Communications for €5.48 million (£3.46 million) and the transaction should be completed by the end of the month. RTL Group… Continue reading RTL Takes 20% Stake In France’s Sud Radio
Capital Radio stock tumbled 90p by 1:00pm this afternoon after what investors regarding as a disappointing set of figures emerging from the company’s AGM. The company reported a 12% increase in revenues during the last quarter of 2000 following the successful acquisition of Beat 106 and Century Radio. In today’s meeting Capital said like for… Continue reading Capital Stock Falls Following AGM Statement
After a steady decline since the mid-1950s, cinema attendance in the European Union started to climb again in the 1990s, according to Eurostat. However, despite the growth, the 800 million admissions during 1988 still fall well short of the 1955 peak of 4 billion. The advent of home entertainment technologies – including video and cable… Continue reading Europeans Return To Cinemas
At its Annual General Meeting Scottish Radio Holdings (SRH) today told shareholders that trading for the first three months of the financial year (October to December) showed revenues up 16%, mainly from acquisitions made the previous year. In existing business, however, revenues were flat after a particularly disappointing December when advertising demand turned out to… Continue reading Scottish Radio Revenues Up 16% As Partnership Talks Continue
Talk of an imminent recession has filled the media trade press in recent weeks. AC Nielsen and the IPA disagreed over the extent of the slump but the message from all sides was the same: the next six months will be tough for the sector as a whole. Blame has been laid on excessive dotcom… Continue reading Insight Analysis: Media Sector Slumps After Unparalleled Year Of Deals
Capital Radio reported a 12% increase in revenues during the last quarter of 2000 following the successful acquisition of Beat 106 (see Capital Buys Beat 106, Announces Online Plans) and Century Radio (see Capital Radio Wins Battle For Border). In its Annual General Meeting today the group said like for like revenues across the three… Continue reading Capital Radio Reports Increased Revenues
RevenueAll but one of the terrestrial TV channels increased their December revenue year on year, according to agency estimates. The exception was GMTV, which dropped 10.7% compared to 1999. The largest increase among the terrestrials was Channel 5, which went up 15% year on year. Its revenue is still dwarfed by ITV, which managed revenue… Continue reading TV Market Round Up – December 2000
