GCap Media’s newest indie music station, Xfm Manchester, has signed its first sponsorship deal, with clothing giant Topman signing for the debut promotion.Backing the launch of its new flagship store at Manchester Arndale, Topman will become a partner with Xfm for coverage of its Access All April activity, comprising a month of gigs at intimate… Continue reading Xfm Manchester Secures Debut Sponsorship Deal
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ITV drew an impressive audience with the terrestrial premier of the Pixar hit Ice Age, attracting an average of 5.54 million adults.The broadcaster retained its strong audience, with an average of 5.52 million adults staying tuned for Who Wants To Be A Millionaire, dipping to an audience of just over four million for Celebrity Stars… Continue reading Ice Age Sees Success For ITV
Radio giant Chrysalis has this morning unveiled its expectations for the first fiscal half, stating that it should meet targets thanks to an “encouraging” period of trading for its flagship station, Heart 106.2.In a statement to the City, Chrysalis described a “challenging” market for radio advertising, but remains confident that it has “comfortably outperformed the… Continue reading Chrysalis Sees Forecasts On Target For First Half
Private equity houses Blackstone Group, Apax Partners and Goldman Sachs are preparing another bid for ITV, with the offer including a cash alternative.According to reports in the Times, the consortium of investors may abandon the bid if the proposed “cash sweetener” fails to win over the broadcasters board.If successful, the trio plans to install former… Continue reading Investor Consortium To Offer “Cash Sweetener” For ITV
Chrysalis has revealed its expectations for the first fiscal half, claiming that it should meet targets thanks to an “encouraging” period of trading for its flagship station, Heart 106.2. In a statement to the City, Chrysalis described a “challenging” market for radio advertising, but remains confident that it has “comfortably outperformed the market.” The broadcaster… Continue reading Chrysalis On Line To Meet Targets
United Business Media (UBM) has expanded its events business in China with the joint acquisition of a majority stake in the Guangzho Beauty Fair. The deal is being made with UBM’s CMP Asia division and its venture partner for Asian beauty events, BolognaFiere Group. The two companies are planning to launch a new event, Cosmoprof… Continue reading UBM Expands Events Business In China
Daily Mail and General Trust (DMGT) has announced the sale of Aberdeen Journals Limited to Scottish publisher, D.C Thomson for £105 million. Following the deal, D.C Thomson, will pay £27 million into DMGT’s pension scheme, with the payment giving Aberdeen Journals an enterprise value of £132 million. Aberdeen Journals reported operating profit of £8.1 million… Continue reading DMGT Sells Aberdeen Journals
Advertising expenditure in the UK rose by 4.2% in 2005, reflecting increases in most major media, with the internet leading the way, enjoying year on year growth of 23%. According to new figures from Nielsen Media Research, Spanish-language and cable TV followed the internet in terms of adspend growth in 2005, rising by 17% and… Continue reading US Adspend Up By 4.2% In 2005
GCap Media has announced that revenues for the first quarter of the year will be down by 17% year on year, citing the “short term” impact of its recent decision to reduce the number of adverts on Capital Radio, as well as a weak advertising market in general. Issuing a trading update for the twelve… Continue reading GCap Q1 Revenues Down By 17%
Radio firm GCap Media has withdrawn from its plans to sell nine analogue stations in the South West and North Wales, claiming that the approaches it has received do not meet the best interests of investors. The proposed sales, made as part of the broadcaster’s strategy review in November 2005, were designed to leave the… Continue reading GCap Backs Down From Station Sale
