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Scottish Radio Holdings this morning said that radio advertising levels will have fallen 4% year on year for the six months to 31 March, due to recent weaknesses in national ad revenue. However, it says that thanks mainly to acquisitions last year, group revenue will rise by 19% to £40 million. Excluding acquisitions there is… Continue reading Acquisitions Will Help Boost SRH Revenues

Carlton Stock Free-Falls Following Trio Of DowngradesStock in Carlton Communications tumbled this morning after three brokers downgraded their earnings forecasts for the group. By late morning Carlton shares were down 27˝p (6.6%) at 387˝p.ABN Amro has reduced its full year profit before tax forecasts by 5.5% to £246 million. The downgrade is partly due to… Continue reading Carlton Stock Free-Falls Following Trio Of Downgrades

The five communications regulators have announced an agreement to work together in preparation for the introduction of Ofcom. A new Memorandum of Understanding between the Broadcasting Standards Commission, Independent Television Commission, Office of Telecommunications, Radio Authority and Radiocommunications Agency, sets out the arrangements for working closely together on a wide range of issues.A steering group… Continue reading Regulatory Bodies To Join Forces In Preparation For Ofcom

England’s victory over Albania in last night’s World Cup qualifying match gave Channel 5 its highest ever audience. An average of 5.5m viewers tuned in to watch the game with a high of 8 million around 9pm.The broadcast gave C5 an audience share of 24%, more than four times its average and its overall share… Continue reading Channel 5 Gets Highest Audience Ever

The Digital Radio Development Bureau has hired a new chief executive. The group, which formed earlier this year to push forward the development of the medium (see Digital Radio Development Bureau Forms, Medium Set To Be Market Leader By 2015), has appointed the former managing director of Radio Rentals, Terry Scicluna, to the position.“I look… Continue reading Digital Radio Bureau Hires Chief Executive

Acquisitions Will Help Boost SRH RevenuesScottish Radio Holdings this morning said that radio advertising levels will have fallen 4% year on year for the six months to 31 March, due to recent weaknesses in national ad revenue. However, it says that thanks mainly to acquisitions last year, group revenue will rise by 19% to £40… Continue reading Acquisitions Will Help Boost SRH Revenues

Capital Radio was one of the best performers on the FTSE yesterday, climbing 47˝p to 752˝p.ITV companies were down, however, after Merrill Lynch cuts its forecasts for 2001 ad revenue for the network for the third time in recent months. The broker said it expects revenues to fall 1.5%. Granada was down 4p to 180p… Continue reading Sharewatch

Dot com layoffs in the US have decreased for the second month running, down to 9,533 in March, from 11,649 in February and 12,828 in March according to US recruitment company Challenger, Gray & Christmas. Although this trend is set to continue this is thought to be due to a decline in numbers employed rather… Continue reading Dotcom Job Losses Decline In US

According to new research from Cahners In-Stat sales of internet appliance will soar by 40% – rising from $219m last year to $1.3b in 2005. Much of this growth is expected to occur outside Western Europe and North America where pc ownership is high. The two categories of products, as defined by Cahners, are internet… Continue reading IA Market Set For 40% Growth

According to new research from Forrester, “portals, invading retailers and local grocers” will drive the growth of retail ecommerce in Southern Europe. Currently, countries such as Portugal, Spain, Italy and Greece are lagging behind the rest of Europe when it comes to B2C commerce, the online population in these countries is relatively small and users… Continue reading B2C In Southern Europe Set For Growth, Says Forrester