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Emap has published a trading update for the full year ending 31 March 2007, saying that the outcome is in line with current expectations. The publisher says that in consumer, and radio in particular, market conditions have been weak, although B2B is continuing to perform well. Total revenue growth track, says Emap, is on track… Continue reading Emap Financial Year In Line With Expectations

GCap Media has announced that, on a like for like basis, its revenues for the full year ending 31 March 2007 are forecast to increase by 1% year on year for the last quarter and decline by around 3% for the year. Total revenue for the year is forecast to be decrease approximately 9%, with… Continue reading GCap Revenues Expected To Show Increase

ITV has announced that ITV1’s net advertising revenue (NAR) was £1.2 million in 2006, down from £1.4 million in 2005. In a financial statement released today, ITV said that its 2006 share of total ITV1 net advertising revenues (NAR) represented 59% of the company’s total revenues before disposed businesses (2005 68%). The broadcaster added that… Continue reading ITV1 Net Ad Revenue Declines

Chrysalis has released interim results for the six months to 28 February 2007, stating that Chrysalis Radio is expected to show a decline in revenues. In a trading update released today, Chrysalis said that owing to the challenging UK radio advertising market, its radio division is expected to show a decline of around 9% for… Continue reading Chrysalis Radio Expects Decline In Revenues

Independent News & Media (INM) recorded revenues of €1.6 million, up 1.5% on 2005, with this reflecting underlying revenue growth in excess of 5% for both advertising and circulation within the publishing division. However, the company saw its profits after tax fall by 13.4% to €198.4 million. INM said that revenue gained from the €62.7… Continue reading Independent News & Media Records Revenue Increase

Up to a fifth of Emap Consumer Media’s editorial staff are said to have been made redundant in the run up to the group’s trading results release next week, according to reports in the trade press.The job losses are a surprise addition to the 30 publishing roles that were scrapped last month, and continue a… Continue reading Huge Job Cuts At Emap Ahead Of Group Results

CBS Outdoor has poached Anthony Waithe as head of research from rival Titan Outdoor. Waithe will report to Steve Cox, CBS Outdoor’s strategic planning director, and will lead a four-strong research team to deliver detailed audience research to support the sales division.Waithe will also be tasked with delivering research insights that highlight the role of… Continue reading Titan Head Of Research Jumps Ship To CBS Outdoor

UTV has announced that its revenue was up 22% for 2006, at £113.6 million, whilst its operating profit was up 6% at £27.4 million before charging start-up losses of £2.6 million for new radio stations in Belfast and Edinburgh. The company’s operating profit was up 52% at £114.6 million, from £25.8 million in 2005, before… Continue reading UTV Announces 2006 Revenue Increase

Google has acquired video game advertising company Adscape as it looks to expand into in-game advertising. The technology website Red Herring said in February that the value of any deal would be worth around $23 million. Google said: “As more and more people spend time playing video games, we think we can create opportunities for… Continue reading Google Buys In-Game Ad Firm

Michael Grade, ITV chief executive, has the support of City analysts for his attempts to end the broadcaster’s contract rights renewal (CRR) mechanism. However, according to a report in Broadcast magazine, he faces strong opposition from media buyers. The report quotes a major media buyer as saying: “”Our clients want a bigger and stronger ITV,… Continue reading Support For Grade On CRR