Commercial radio advertising revenue has hit a record high of £453 million for the year to September 1999, according to new figures released by the Radio Advertising Bureau (RAB) and the Radio Authority (RA). The figure, which represents a 13.3% year on year growth, was boosted by a huge 31.0% increase in radio adspend by… Continue reading Commercial Radio Turns In Record Revenue Growth
The Radio Authority (RA) is to increase the amount it charges radio stations for their licences by an average of 8%. In order to meet the rising costs of developing and licensing digital radio, as well as conducting public interest tests, the RA will introduce the new licence fee tariff on 1 January 2000.Stations will… Continue reading Radio Authority Raises Licence Fees By 8%
IPC Magazines is set to resurrect the ’60s and ’70s style bible Nova, in a new venture with Groupe Marie Claire. Under the editorship of Debbie Bee, former editor of fashion and lifestyle title Scene, Nova is set to relaunch in spring 2000.Publishing director Rita Lewis says: “Debbie Bee and I have been plotting the… Continue reading IPC To Resurrect ’60s Style Bible Nova
ITV’s peak time share of viewing for 1999 currently stands at 38.8%, just below the Network’s target of 39% for the year, according to the third quarter Trends In Television report from the Institute of Practitioners in Advertising (IPA). In order to push up the average to meet the targets, ITV will need a strong… Continue reading ITV Needs Strong Autumn To Meet 39% Peak Share Target
Terence Conran launches a new home-interest magazine this Friday. Entitled live-it, it is aimed at the AB adult population living in London and the South-east.It will be published on a quarterly basis by Axon Publishing with a cover price of £3.25 and will focus on contemporary metropolitan living with articles and features on food and… Continue reading Terence Conran Launches New Magazine
Market research group Taylor Nelson Sofres was one of the main movers on the FTSE 100 yesterday; its share price increased by 18˝p to 212p as dealers reported institutional squeeze on the stock.Cordiant Communications closed up 3p to 214˝p after the media group announced it had acquired marketing group Healthworld.Prices in Saatchi & Saatchi were… Continue reading Sharewatch
The UK’s first cable digital television service, launched in the North West in July by Cable & Wireless Communications (CWC), has attracted 46,000 subscribers, 47% of which are new CWC customers. Of these customers, 33,000 have been installed to the digital service, the company announced today.The launch of CWC’s digital TV offering is up against… Continue reading CWC Digital Service Attracts 46,000 Subscribers
IPC Music and Sport group has announced a restructure of the management of its music titles. Bruce Sandell, who is currently associate publisher of Muzik and Uncut, will become publisher of NME, Melody Maker and Muzik, and Dan Coxon will be the new publisher of Uncut.Commenting on Bruce Sandell’s promotion, publishing director Robert Tame said:… Continue reading IPC Restructures Music Titles Management
ITV has signed international publisher, Dorling Kindersley, as the new sponsor of its longest running holiday programme, Wish You Were Here?. The sponsorship begins on 15 November and runs for 26 weeks. The value of the deal has not been disclosed, although it is expected to be worth over £1 million.Wish You Were Here? regularly… Continue reading ITV Signs Sponsorship For Wish You Were Here?
Media group EMAP, which yesterday announced the £28 million disposal of a number of business magazines and events to Informa (see EMAP Disposes Of Business Titles For £28m), rose by 2p to 822p. EMAP has recently sustained a series of heavy falls in its share price (see Sharewatch).Trinity Mirror, which has just closed its Live… Continue reading Sharewatch
