Phil Riley, Chrysalis Radio’s chief executive, has resigned following the group’s acquisition by Global Radio.The £170 million disposal of music group Chrysalis’ radio division to Global Radio, a new company backed by Irish investors and chaired by former ITV chief executive, Charles Allen, was completed yesterday (see Chrysalis Radio To Sell For £170 Million).Riley was… Continue reading Riley Quits Chrysalis Following Global Sale
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SDN, the ITV owned multiplex operator, has awarded a £500 million contract to design, build and run a new digital terrestrial TV (DTT) network to Arqiva.The contract has been awarded in preparation for the forthcoming digital switchover (see Whitehaven Gets Ready For Digital Switchover), with the replacement network having increased transmission power levels which means… Continue reading Arqiva Wins Contract To Run New DTT Network
Griff Rhys Jones’ new series, exploring the mountains of Great Britain, got off to a sizeable start on BBC One last night, gaining an average adult audience of more than 3.9 million.The popular personality pulled in an 18.6% viewing share for the channel as he explored the bleak and rugged beauty of the north west… Continue reading Mountain High For New BBC One Series
The Times‘ online offering recorded a 10.5% increase in visitors in June, overtaking the Sun‘s site to scoop second place behind Guardian Unlimited, according to figures from ABCe.Times Online attracted 9.64 million unique users, compared to 8.73 million in May, a gain of 917,000 visitors.Visitors to the Sun‘s website increased by 0.2% month on month… Continue reading Times Online Boosts Site Users
The latest edition of ZenithOptimedia’s UK Television Forecasts to 2012 predicts that the television ad market will stop shrinking this year, and start growing again – if at a modest 2% a year – in 2008.Television will however grow for only 1%-2% a year for the rest of the forecast period, and its market share… Continue reading UK TV Ad Market To Grow
Last week saw a flurry of financial activity as several companies released their results, with BSkyB and BT amongst them.BSkyB announced that its full year revenue increased by 10% to £4.5 million, with an annual operating profit of £815 million (Full Story), whilst BT’s first quarter results showed that its revenue was up 3% to… Continue reading Media In The City: BSkyB Announces Revenue Increase
Pearson, publisher of the Financial Times, has announced that FT group revenues were up 8% with profits up 28% in the first half. Pre-tax profits for the whole group rose from £14 million a year ago to £40 million. The FT reported a 12% rise in subscriptions and FT.com subscribers were also up 12%, to… Continue reading Pearson Profits Up
The latest edition of ZenithOptimedia’s UK Television Forecasts to 2012 predicts that the television ad market will stop shrinking this year, and start growing again – if at a modest 2% a year – in 2008. Television will however grow for only 1%-2% a year for the rest of the forecast period, and its market… Continue reading UK TV Ad Market To Grow
Emap has launched a review of its structure and portfolio of assets, saying that “all options to maximise shareholder value will be examined, including a possible sale or demerger of some or all of its constituent businesses”. In a statement released today, the group said that it had already received various unsolicited proposals for parts… Continue reading Emap Launches Review Of Structure And Assets
BSkyB has announced that its full year revenue increased by 10% to £4.5 million, with an annual operating profit of £815 million. However, operating profit was down from £877 million last year to £815 million, while full profits for the year were £499 million, down 9.4%. The satellite broadcaster said that it had added a… Continue reading BSkyB Revenues Increase
