Revenues at Chrysalis Radio are continuing to outperform the market and are expected to show a 9.5% increase during the 12 months to August 2002, the group announced in a trading statement this morning. This compares to an anticipated decline of 5.0% for the UK radio sector as a whole.Revenues at Chrysalis are predicted to… Continue reading Chrysalis Revenues 15%pt Stronger Than Radio Sector
ITV is to invest £825 million in new programming next year in a bid to increase its audience share and secure lucrative advertising deals.The renewed investment represents a 7% increase on this year’s programming budget, which was £775 million. ITV, which is suffering from the effects of the advertising downturn and stiff competition from the… Continue reading ITV To Put £825 Million Into New Shows Next Year
The Metro is to allow its advertisers to target readers directly via text message after appointing 12Snap as its preferred mobile marketing partner.The deal, which was secured after a competitive four-way pitch, will see 12Snap design and implement all mobile marketing activity for the Associated Newspaper-owned title, which is distributed to around 830,000 commuters in… Continue reading Metro’s Advertisers To Target Readers With Text
Revenues at Chrysalis Radio are continuing to outperform the market and are expected to show a 9.5% increase during the 12 months to August 2002, the group announced in a trading statement this morning. This compares to an anticipated decline of 5.0% for the UK radio sector as a whole. Revenues at Chrysalis are predicted… Continue reading Chrysalis Revenues 15%pt Stronger Than Radio Sector
EMAP says that its consumer magazines division is trading ahead of expectations with advertising up 7% and circulation revenues up 10%. The company, which presented to a Lehman Brothers media conference earlier in the week, also said that radio revenue is in line, down by 7%; business to business is up 2%. It also confirmed… Continue reading EMAP And Capital Update On Trading, Merger Mooted
Vivendi Universal, the heavily indebted media giant, has secured a loan of E3 billion which will give the group breathing space in its ongoing asset disposal programme. Jean-René Fourtou, the company’s chief executive, is committed to reducing Vivendi’s E19 billion debt and has already agreed the sale of the Vizzavi internet portal and the Express-Expansion… Continue reading Vivendi Buys Time With E3 Billion Loan Deal
AOL Time Warner has appointed Michael J. Kelly as its new president of global marketing solutions, with responsibility for developing and implementing cross-platform marketing solutions across its portfolio of products. Kelly will report to Dan Logan, chairman of AOL Time Warner’s media and communications group, who commented: “His experience and skills are ideally suited to… Continue reading AOL Appoints New Marketing Supremo
Lastminute.com has reached a pivotal point in its history with the announcement that it will post its first pre-tax profits in the current quarter. Last month, the high profile online retailer revealed that pre-tax losses had narrowed to £3.9 million in the three months to June (see Lastminute Strives To Get In The Black). It… Continue reading Lastminute Issues Profits Promise
The prolonged saga of talks between News Corp and Vivendi over the future of Telepiù is set to reach a conclusion with Rupert Murdoch’s organisation prepared to acquire the Italian pay-TV operator for almost one billion euros. News Corp now seems likely to merge Telepiù with its own pay-TV operation Stream to create a single… Continue reading News Corp Closes In Deal To Take Telepiu
Advertising volumes at the Wall Street Journal declined by 14.8% during August, the newspaper’s parent company, Dow Jones, has announced. This puts Q3 figures down by 16% to date, according to analysts at Merrill Lynch. General advertising volumes at the paper were down by 22.4%, according to the broker, with declines in auto, healthcare and… Continue reading Revenues Remain Weak At Wall Street Journal
