Commercial radio advertising revenue has hit a record high of £453 million for the year to September 1999, according to new figures released by the Radio Advertising Bureau (RAB) and the Radio Authority (RA). The figure, which represents a 13.3% year on year growth, was boosted by a huge 31.0% increase in radio adspend by… Continue reading Commercial Radio Turns In Record Revenue Growth
Capital Radio will continue to embrace digital technology and increase its net presence, it announced today, as preliminary annual results for the group reported a pre-tax profit up 3.6% at £37.1 million.This year has been an active one for the group, with the disposal of its Latin and French restaurant businesses (see Capital Radio 10%… Continue reading Capital Set To Develop XFM Brand Nationally, As Group Profits Rise 3.6%
UK cable company, Telewest Communications, today said that it has an aggressive roll-out plan for introducing cable products that will differentiate it from competitors in the pay-TV market, Sky Digital and ONdigital. Announcing the company’s third quarter financial results, chief executive Tony Illsley said: “We have an accelerated timetable for introducing cable unique products, which… Continue reading Telewest To Develop Cable-Unique Services
The new morning newspaper for Manchester is to be called Metro and is to be a free title. The paper is due to begin trialling next week before its launch in the new year.The title is being published by the Guardian Media Group (GMG), which owns the city’s local evening paper, the Manchester Evening News.… Continue reading New Manchester Paper To Be Free Title
Last week saw the release of the first wave of data from the VIPer study – a new survey into the country’s ABs (see VIPer Research To Offer Advertisers Insight Into Rich And Influential). VIPer has been developed by a consortium of media owners to examine the lifestyles, media consumption and purchase habits of the… Continue reading Feature: The ABs’ Favourite Magazines
The Radio Authority (RA) is to increase the amount it charges radio stations for their licences by an average of 8%. In order to meet the rising costs of developing and licensing digital radio, as well as conducting public interest tests, the RA will introduce the new licence fee tariff on 1 January 2000.Stations will… Continue reading Radio Authority Raises Licence Fees By 8%
IPC Magazines is set to resurrect the ’60s and ’70s style bible Nova, in a new venture with Groupe Marie Claire. Under the editorship of Debbie Bee, former editor of fashion and lifestyle title Scene, Nova is set to relaunch in spring 2000.Publishing director Rita Lewis says: “Debbie Bee and I have been plotting the… Continue reading IPC To Resurrect ’60s Style Bible Nova
ITV’s peak time share of viewing for 1999 currently stands at 38.8%, just below the Network’s target of 39% for the year, according to the third quarter Trends In Television report from the Institute of Practitioners in Advertising (IPA). In order to push up the average to meet the targets, ITV will need a strong… Continue reading ITV Needs Strong Autumn To Meet 39% Peak Share Target
Terence Conran launches a new home-interest magazine this Friday. Entitled live-it, it is aimed at the AB adult population living in London and the South-east.It will be published on a quarterly basis by Axon Publishing with a cover price of £3.25 and will focus on contemporary metropolitan living with articles and features on food and… Continue reading Terence Conran Launches New Magazine
Market research group Taylor Nelson Sofres was one of the main movers on the FTSE 100 yesterday; its share price increased by 18˝p to 212p as dealers reported institutional squeeze on the stock.Cordiant Communications closed up 3p to 214˝p after the media group announced it had acquired marketing group Healthworld.Prices in Saatchi & Saatchi were… Continue reading Sharewatch
