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Regional publisher, Archant, has delivered its preliminary financial report to shareholders, marking the first set of full year results since the company bought 27 regional newspaper titles in and around London from Independent News & Media (INM).Audited results for 2004 show that turnover for Archant’s businesses was £185.6 million, up 17.4% year on year, while… Continue reading Archant Acquisitions Pay Off As Profit Rises

Glasgow-based Scottish Media Group (SMG) has released an upbeat trading statement for the year ending 31 December 2004, revealing a 9% increase in profit before tax like for like, to £17.5 million, compared with £16 million in 2003. Total operating profit rose by a massive 62% year on year, up to £17.7 million in 2004… Continue reading SMG Enjoys 9% Rise In Profit For 2004

Publishing and media group, United Business Media (UBM), has announced the departure of its chief operating officer, Malcolm Wall. Wall has held the position since January 2001, before which he was chief executive officer of UBM’s television interests, playing a major role in building the group’s business. From 2001 onwards he delivered strong profit growth… Continue reading UBM’s Chief Operating Officer Departs

Mobile phone penetration is growing faster in Africa than anywhere else in the world, with a 5,000% increase between 1998 and 2003, according to a new study by Vodafone and the Centre for Economic Policy Research. The report revealed that 97% of people surveyed in Tanzania said they could access a mobile phone, while just… Continue reading Mobile Phone Penetration Fastest In Africa

Strategic information provider, TNS Media Intelligence (TNSMI), has revealed US total advertising expenditure for 2004 was up by 9.8% at £141.1 billion compared to 2003, revising previous estimates of 10.6% growth for the year. Almost all media measured by TNSMI experienced growth throughout 2004, with the internet, outdoor, cable TV and national syndication showing the… Continue reading US Aspend Rose 9.8% In 2004

Almost 60% of US mobile subscribers use their handsets for non-voice functions, according to a new study by mobile market measurement company, M:Metrics. M:Metrics surveyed over 23,000 mobile subscribers in the US about their usage of mobile content and applications between November 2004 and January 2005. The research found that over 37% of respondents had… Continue reading Multi Use Of Mobile Handsets

US consumers with broadband used the internet over newspapers as their primary source of information during the presidential elections, according to a new survey by the Pew Internet & American Life Project. The survey reveals that 52% of internet users, about 63 million people, claimed they went online to get information about the 2004 elections.… Continue reading Broadband Preferred Over Newspapers During US Presidential Elections

The Office Of Fair Trading (OFT) has taken the final step in the clearance process concerning the merger of Capital Radio and GWR, with the stations announcing the satisfaction of all the pre-conditions set out previously by the OFT.The OFT were concerned that the merger of Capital and GWR may result in increased concentration and… Continue reading OFT Clears Capital And GWR Merger

Virgin Radio has become the latest mainstream broadcaster to jump aboard the podcasting bandwagon, making the Pete and Geoff Breakfast Show available to download, enabling listeners to load it onto their mp3 players and enjoy it wherever, and whenever they see fit.The move makes Virgin the first station to offer a podcast service for one… Continue reading Virgin Makes Podvertising First With Pete And Geoff

Commercial broadcaster, ITV, has today announced a massive 49% increase in operating profit to £325 million for the year ending 31 December 2004, helped by a rise in net advertising revenue across the ITV brand.The company’s operating margin in 2004 grew by 45% year on year, with net cash inflow from operating activities hitting £321… Continue reading Advertising Revenues Drive ITV Profits Up