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UBC Media has announced the completion of an agreement with Channel 4 for the broadcaster to acquire a 51% interest in UBS’s national radio station, Oneword Radio, for a cash consideration of £1 million. This will make further progress towards the creation of a Channel4-led radio operation to compete directly with BBC Radio 4. UBC… Continue reading Oneword Deal Completed With Channel 4

UK radio companies are shunning the auction of The Wireless Group (TWG), owner of talkSPORT, as they do not want to compete with the BBC, according to a report in the Independent on Sunday. Most of the key players in the radio industry, including Chrysalis Group and Emap, have decided not to bid for TWG… Continue reading UK Radio Companies Shun TWG Auction

Multi-media group, Emap, has expressed an interest in acquiring rival broadcaster Scottish Radio Holdings (SRH), but has made no formal approach to SHR since it bought its 27% holding in the group in January 2004. The board of Emap said in a statement to the City that the radio assets of SRH would be an… Continue reading Emap Interested In Acquiring SRH

Outdoor advertising specialist, Maiden Group, has announced a rise of 4.5% in turnover to £92.1 million, up from £88.1 million in 2003, reflecting the slower growth of the billboard advertising sector. The Group’s trading statement for 2004 showed pre-tax profit before goodwill to have improved by 33% to £7 million, compared with £5.3 million in… Continue reading Maiden Sees Turnover Rise By 4.5%

Magazine and radio group, Emap, has announced that it expects full-year results to be in line with its expectations, predicting a 1% increase in like for like revenues for the year ending 31 March 2005. In a statement to the City this morning, the company forecast group revenues to rise by 2%, and is looking… Continue reading Emap Reveal Positive Trading Statement

The Wireless Group (TWG), has announced a year on year rise of over 50% in adjusted operating profits for 2004, showing revenue for the first quarter of 2005 to be up 9.9% on the same period last year. Total turnover for the Group was £39.7 million, up 22% from £32.6 million in 2003, while like… Continue reading TWG Enjoys Rise of Over 50% In Operating Profits For 2004

Scottish Radio Holdings (SRH) has issued a upbeat pre-close statement prior to the end of its half-year, showing group revenues for the first six months of the financial year to be 11% up on last year, while like for like revenues are predicted to have increased by a healthy 4%. Radio revenues for the group… Continue reading SRH Reveal Strong Performance For First Half Of Financial Year

UK based mobile operator, O2, expects profits for 2004 to be in the 12-15% range, with slower growth in the second half reflecting the impact of the approximately 30% cut in termination rates in September, the loss of the BT contract, and the general competitiveness of the market. According the group’s update, issued prior to… Continue reading O2 Predicts Strong Growth For 2004

Britain’s consumers are rebelling against mass marketing and taking a more individual and personal approach to the choices they make, according to market research company Mintel’s 2005 British Lifestyles Report. The survey involved 1,528 adults across Britain and questioned them on opinions about finance, technology, food, going out, travel and health. Finance Mintel found that… Continue reading UK Consumers Rebel Against Mass Marketing

Outdoor advertising company, JCDecaux, has announced a 5.7% increase in revenues for 2004 to €1,631.4 million, driven by strong organic growth in the group’s transport division, according a trading statement for the year. Organic revenues were shown to have risen by 6.2% for 2004, a drop of 0.6% from the previously estimated 6.8% (see JCDeaux… Continue reading Strong 2004 For JCDecaux Driven By Transport Sector