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Channel 4 has outlined its vision for the future, calling on Ofcom to provide partial public funding to ensure its continued existence in a digital-only television environment. The broadcaster’s plans to increase its public service broadcasting with funding from the Government were detailed in a written submission to the consultation process for Phase 2 of… Continue reading Channel 4 Outlines Public Funding Proposals To Ofcom

Capital Radio has increased revenue by 4% to £199.9 million and group profit by 4% to £23.7 million for the year, but has warned that the advertising market has shown signs of slowing in the last few months. Reporting its preliminary financial results for the year to the end of September, the radio group revealed… Continue reading Capital Remains Cautious Despite Healthy Profits

GWR Group, the UK’s most listened to commercial radio group, has seen profits rise by 12% to £6.9 million in the six months to September, but said the radio advertising market remained weak, according to interim results announced today. The owner of Classic FM, which is currently waiting for regulatory approval concerning its merger with… Continue reading GWR Profits Up Despite Weak Market

UBC Media, the UK’s largest independent radio production company, has announced increased profits and rising turnover in interim results published today, following earlier predictions of increased earning with the announcement of its first digital revenues. The company’s interim statement for the six months to 30 September reveal a turnover of £7.15 million, up 9.8% on… Continue reading UBC Profits Rise As Digital Revenues Revealed

Following the breakdown of merger talks between Five and Channel 4 last week, speculation was mounting over the weekend in relation to RTL and United Business Media, owners of Five, who are believed to be considering a merger with Flextech, part of cable company Telewest. There have also been rumours that Channel 4 is now… Continue reading Five Looks To A Flextech Future

Scottish Radio Holdings has this morning reported record results for the past year, as group revenues grew by 14%, beating the group’s expectations of 9%. For the period ending 30 September 2004, turnover was up 15% to £96.3 million, spurred on by strong revenue growth in both the radio and press divisions which was up… Continue reading SRH Exceeds Expectations With Record Results

Dixons, the electrical superstore, said yesterday its sales had slowed and warned margins would come under pressure in the run up to Christmas as consumer spending seems to have lost pace in the past few weeks. The festive period, which is traditionally the busiest for retailers, seems to have been stunted by recent interest rate… Continue reading Slow Down Of Electrical Goods May Hit Sky’s Subscriber Targets

Yesterday saw Channel 4 walk out on merger talks with Five, after concluding that obstacles to a tie-up between a state-owned and a commercial broadcaster were too difficult to overcome, according to a report in The Times. Andy Duncan, chief executive of Channel 4 said: “With concerns being raised about our future funding it was… Continue reading Channel 4 Walks Out On Five

As WPP continues to grow its international operations, wholly-owned operating company Landor Associates has this morning announced that is has purchased Australian branding and design consultancy, Lewis Kahn Staniford (LKS). LKS which achieved revenue of A$8.1 million for the year and net assets of A$1.3 million last year, employs around 45 people and clients include… Continue reading WPP Acquires Australian Branding Group LKS

The Daily Mail and General Trust (DMGT) group has today announced that Queensland Media Investments will acquire an 85.1% stake in its Australian commercial FM radio station, Hot 91. DMG Radio Australia (DMGRA) was required to dispose of at least 85.1% of its interest in Hot 91 as a result of purchasing a second Brisbane… Continue reading DMGT Disposes Of Stake In Australian Radio Station