Virgin Radio has had its Greater London FM licence renewed by the Radio Authority for a further 8 years, until 9 April 2010, due to the fact that it is the provider of a digital sound programme on the second Greater London multiplex.Weekly reach for Virgin’s 105.8 FM service has remained fairly steady for the… Continue reading Virgin London Licence Renewed By Radio Authority
The lad’s mag craze is a “phenomenon that is over”, according to David Davies, editor of the UK’s highest circulating men’s lifestyle magazine FHM.Speaking at Emap’s Men’s Seminar earlier today, Davies said that FHM and other leading men’s magazines are seeing circulation fall because large numbers of consumers are outgrowing the traditional booze and boobs… Continue reading Lad’s Mag Phenomenon Is Over
Pearson In Exclusive Talks Over FT BusinessPress reports this morning suggest that Pearson has entered into exclusive talks with a management team concerning the buy out of FT Business, the company’s magazines division.The team, led by ex-FT Group chief exec Stephen Hill, is thought to have made the highest bid following Pearson’s decision to sell.… Continue reading Pearson In Exclusive Talks Over FT Business
US newspapers are showing stronger advertising revenue performances than had been expected, sending signals of a possible ad recovery to the industry, according to a report in the Editor and Publisher. The article says that Merrill Lynch had expected a 7% year on year decline in revenue during February, but that figures were coming in… Continue reading US Newspaper Groups Show Stronger Than Expected Ad Revenues
In a report released yesterday, Aberdeen Group forecasts that worldwide information technology (IT) spending will reach $1.43 trillion by 2005. The report Worldwide IT Spending 2002-2005: Timing the Recovery forecasts that IT spending growth will be significantly lower than the double-digit rates observed in the late 1990s. “Total IT expenditures in 2001 were flat worldwide,… Continue reading IT Spending Will Reach $1.43 Trillion By 2005, Says Aberdeen Group
A quarter of all internet-connected British businesses are planning to adopt a broadband connection within the next 12 months, according to the latest wave of the Business Internet survey, published this month by NOP Business, the specialist business research division of NOP World. High speed drivers Recently announced price reductions in high-speed, broadband services are… Continue reading British Businesses Enticed By High-Speed Net Connections
US cable advertising revenues will increase from $4 billion to $4.5 billion in the 2002/03 season and to $5.5 billion in 2003/04, according to forecasts from Discovery Networks’ sales chief, Bill McGowan, as reported by Jack Myers Report today. McGowan also predicted that basic cable audience share would surpass that of the four leading broadcast… Continue reading US Cable Upfronts Look Stronger, Whilst Network TV Sales Remain Weak
Indebted UK cable company, NTL, this week rejected a $2 billion bid from US company Liberty Media, preferring instead to restructure and refinance with its own bondholders (see NTL Is Close To Refinancing, Says Report). Liberty Media already holds a 25% stake in Telewest Communications, the UK’s second largest cable operator and is known to… Continue reading NTL Merger With Telewest Could Still Make Sense
Indebted UK cable company, NTL, this week rejected a $2 billion bid from US company Liberty Media, preferring instead to restructure and refinance with its own bondholders (see NTL Is Close To Refinancing, Says Report). In exchange for the cash injection, Liberty would have received a 50% stake in NTL. However, NTL’s bondholders are thought… Continue reading NTL Rejects Liberty, But Merger With Telewest Could Still Make Sense
Press reports this morning suggest that Pearson has entered into exclusive talks with a management team concerning the buy out of FT Business, the company’s magazines division. The team, led by ex-FT Group chief exec Stephen Hill, is thought to have made the highest bid following Pearson’s decision to sell (see Pearson Puts FT Business… Continue reading Pearson In Exclusive Talks Over FT Business
