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Capital and GWR have this morning agreed the terms of their proposed £711 million merger to create a single broadcaster controlling more than 40% of the radio advertising market.The merger will see the creation of the UK’s largest commercial radio group, reaching around 18 million listeners each week with a total of 55 local analogue… Continue reading Capital And GWR Agree £711 Million Merger Terms

ITV has secured an exclusive licensing agreement with Warner Brothers International Television Distribution for the rights to show a range of high-profile Hollywood movies across its family of channels over the next few years.The deal will give the UK’s largest commercial broadcaster access to feature films from Warner Brothers’ recent theatrical slates including titles such… Continue reading ITV Secures Rights To Show Blockbuster Movies

Capital Radio Group has said that it is ‘cautious’ about radio advertising revenues in October to December, despite radio continuing to outperform the display advertising market. In a trading update issued this morning ahead of full-year results due on 25 November 2005, the group said, radio revenues for the third quarter are forecast to be… Continue reading Capital Radio ‘Cautious’ Over Q4 Results

Capital and GWR have this morning agreed the terms of their proposed £711 million merger to create a single broadcaster controlling more than 40% of the radio advertising market. The merger will see the creation of the UK’s largest commercial radio group, reaching around 18 million listeners each week with a total of 55 local… Continue reading Capital And GWR Agree £711 Million Merger Terms

GWR, owner of radio station Classic FM, has said that following a strong start to the year, revenues for the first six months are expected to grow by 3% year-on-year. However, revenues in the second quarter, especially during August, were slower than anticipated and as a result its analogue sector, which generate 92% of group… Continue reading GWR Confident Over Revenue Prospects For the Year

Publishing group, Highbury House Communications, announced this morning that it will fail to meet expectations this year and as a result will not be paying an interim or final dividend, despite seeing a 24% jump in revenue during the first half of 2004. The group, which predicted a 27% year-on-year growth in profits from January… Continue reading Highbury House Admits It Wont Be Able To Meet Full-Year Expectations

Outdoor advertising group, Maiden, has saw pre-tax profits for the first half of 2004 climb by a staggering 75%, reflecting the continued growth in the outdoor market. From January to June this year, pre-tax profits reached £2.1 million, as strong advertising bookings continue, with 100% of last year’s total revenue already scheduled in. Turnover was… Continue reading Maiden’s Profits Benefit From Strong Outdoor Ad Market

Multi-media group, Scottish Radio Holdings (SRH), has said that an ‘excellent’ performance in radio and press has fuelled 2004 expectations and the group now predicts full-year revenues to be a healthy 9% ahead of last year. In a trading update issued this morning, the group said like-for-like radio revenues are estimated to be up 9%… Continue reading SRH Confident Of Revenues Growing By 9% In 2004

In a trading update, radio to magazine group, Emap, has said that group revenues for the first half of this year are expected to be up 2%, with celebrity gossip magazine Closer being cited as a key driver. Emap’s consumer media division, which includes Closer, is expected to be up 6% year-on-year for the six… Continue reading Closer Drives Revenues At Emap

BSkyB saw shares fall by 3.04% yesterday to close at 485žp after Credit Suisse First Boston took a cautious line on weekend advertisements from the satellite broadcaster promoting free installation for Sky Digital packages costing £19.5 or more. CSFB said this could increase BSkyB’s subscriber acquisition costs because in the past the company has offered… Continue reading Sharewatch: BSkyB Dips Following Investor Caution