GWR group, which yesterday released its interim results (see Revenues On The Rise At GWR As Investments Eat Into Profits), has increased its investment in the Marcher Radio Group from 20 to 100%. In addition, Opus is to take over the national sales responsibility from Clear Channel Radio Sales. This will cover stations Buzz 97.1,… Continue reading GWR Increases Stake In Marcher To 100%
The release of GWR‘s interim results yesterday revealed that poor return on recent acquisitions and investment in new media has eaten into pre-tax profits (see Revenues On The Rise At GWR As Investments Eat Into Profits). This did not inspire the market, and shares the group ended down 25p at £7.82½ by the end of… Continue reading Sharewatch
Bright Station, the internet and e-commerce solutions business, has released its interim results for the third quarter of this year, revealing a pre-tax loss of £4.6m. However, the company has also reported a rise in revenue of 89% compared to the same quarter last year, as the figure reached £2.4m. This is up 23% compared… Continue reading Bright Station Ups Revenue But Still Makes Loss In Third Quarter
Dawn Airey, chief executive of Channel 5 following David Elstein’s departure (see David Elstein Quits Channel 5), has announced a reshuffle in the programming department as she prepares to continue the push for higher viewing figures.Airey will retain her role as director of programmes alongside her new duties, and has therefore promoted two members of… Continue reading New Chief Executive Airey Announces Raft Of Promotions In Channel 5 Programming
Freeserve has launched an email marketing programme, allowing advertisers to target its email subscription list. The group has five daily and weekly opt-in email newsletters which have an audience of around 2 million.They allow for specific targeting of various groups of online users, covering a range of subjects from investment updates to online shopping and… Continue reading Freeserve To Sell Email Ad Space
The Digital Broadcasting Corporation has announced the launch of an online media booking portal for the outdoor advertising industry. It will allow advertisers to book, schedule, plan and distribute digital advertising to LED displays and plasma screens in outdoor, point-of-sale and leisure locations.The company aims to operate 10,000 outdoor sites by the end of the… Continue reading DBC Unveils Online Booking Portal For Outdoor Ad Industry
GWR Group has reported a downturn in pre-tax profits as a result of poor performance from its most recent acquisition, DMG Radio, and continued investment in new media. For the six months ending 30 September the radio group, which owns Classic FM as well as 37 local licenses, saw a 24.2% decrease in profits compared… Continue reading Revenues On The Rise At GWR As Investments Eat Into Profits
GWR Group has signed a 12 year transmission contract with NTL for a large share of its local network. The agreement sees ownership of the transmitter equipment for stations concerned to NTL transfer from GWR to NTL, which will now provide the total transmission service for the radio group, including 52 transmitters.GWR head of engineering… Continue reading GWR Signs 12 Year Transmission Deal With NTL
Shares in WPP have been doing well recently, but received a downgrade yesterday, slowing their rise so they finished up 10p at £9.10. Talks between the group and Finsbury, the financial PR company, regarding a merger are today reported to have broken down.Telewest, which recently announced that it had overreached its target of signing 150… Continue reading Sharewatch
The latest long-term forecasts from the AA indicate that consumer magazines will enjoy a healthy decade to come with a predicted revenue increase from £655m in 1999 to £1096m in 2012 According to the report “consumer magazine share [of total advertising] is forecast to rise at the expense mainly of television and newspapers, with the… Continue reading AA Predicts Healthy Outlook For Magazines
