Culture Secretary Tessa Jowell has urged ITV Digital to continue negotiations with the Football League after the troubled digital TV platform was put into administration yesterday (see Administration For ITV Digital Confirmed).The League is threatening to sue ITV Digital’s joint owners, Carlton and Granada, for £500m to cover the outstanding £178m that the company owes… Continue reading Jowell Urges ITV Digital To Continue Talks
Scottish Radio Holdings (SRH) has released a trading update prior to the end of its half year on 31 March. The company indicated that while a decrease in group revenues is expected, its focus on local media has protected it from the full force of the media downturn.SRH’s revenue is expected to show a decrease… Continue reading SRH Expects 3% Decrease In Interim Revenues
Silicon.com reports that BT is evaluating super-high-speed broadband, Very high-speed Digital Subscriber Line, in an effort to move towards the next generation of broadband access. The service can deliver a thousand times faster than via traditional telephone wires with a downstream time of 52 Mbps. Silicon.com predicts that BT will role out the new service… Continue reading BT To Launch ‘Next Generation Broadband’ In 2006
According to NetValue the number of ‘silver surfers’ in the UK is continuing to grow with more than 2 million people in the 55+ age group regularly accessing the internet. This is 13% of the total UK home online population. Sweden has the highest percentage of ‘silver surfers’ in Europe with the 55+ age group… Continue reading NetValue Reports ‘Silver Surfer’ Population Continues To Grow
By 2006, entertainment on the mobile phone will generate 10p per subscriber per day according PPAi. In addition, 25% of all mobile subscribers in Europe will receive advertising. Pure information services, such as news and stock quotes, are expected to generate two pence per subscriber per day. Horoscopes, cartoons, soap opera updates and screen savers… Continue reading Mobile Phone ‘Entertainment’ Will Generate 10p Per User Per Day By 2006
Maiden Group this morning released full year results for 2002 revealing a decline in underlying sales although the company still outperformed the outdoor market. Outdoor sales revenue was £80.3 million, a slight increase on 2000 totals of £80.2 million. Underlying outdoor sales were down 0.8%, compared to decline in outdoor market of 2.8%. Maiden said… Continue reading Maiden Anticipates ‘Gradual And Measured’ Recovery In 2002
Scottish Radio Holdings (SRH) has released a trading update prior to the end of its half year on 31 March. The company indicated that while a decrease in group revenues is expected, its focus on local media has protected it from the full force of the media downturn. SRH’s revenue is expected to show a… Continue reading SRH Expects 3% Decrease In Interim Revenues
Carlton and Granada have confirmed that an application has been made to the High Court for an administration order to be made in relation to ITV Digital. Deloitte & Touche, called in to review the group’s financial situation, will be appointed as administrators, as expected (see ITV Digital Requires ‘Urgent Fundamental Restructuring’ Say Owners). A… Continue reading End For ITV Digital Confirmed
GWR today released a trading update for the year ending 31 March 2002. In January the group announced that like for like revenues for the UK were down by 10.8% year on year for the quarter to 31 December 2001 (see Trading Updates Offer Little Hope To Radio Industry). For Q1 2002, GWR anticipates that… Continue reading GWR Sees ‘Some Improvement’ In UK Radio Market
SponsorClick has today announced that it has revised up its 2002 global sponsorship market growth forecasts, published last December. The company said that “given the stronger than expected economic outlook” during Q1 2002, SponsorClick now forecasts +12% for the sponsorship market in 2002, compared to its previous estimate of 10%. It is estimated that the… Continue reading Sponsorship Market Will Grow By 12% in 2002, Says SponsorClick
