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Digital radio operator Gaydar Radio has announced a £1.5 million investment programme which will see the company bid for more licences, commission more live programming and launch its own sales division.As part of the move, Gaydar Radio will move to a new, larger studio complex in Twickenham, London ahead of a recruitment drive to increase… Continue reading Gaydar Radio To Boost Investment By $1.5 Million

Animated children’s adventure was at the top of the cinema admissions table in October for the second year running, following the huge success of Disney’s Finding Nemo in October 2003, with Dreamworks’ latest animated feature film Shark Tale grossing £19.6 million at the UK box office.The latest figures from the Cinema Advertising Association show Independent… Continue reading Shark Tale Takes Bite Of October Cinema Admissions

The on-going management reshuffle at the Daily Telegraph has claimed the jobs of a further two executives, with commercial director Mark Payne and group sales director Chris White-Smith becoming the latest casualties in the Barclay brothers’ high-level restructuring.According to reports this morning, Payne will be replaced by David King, currently managing director of Emap Advertising.… Continue reading Telegraph Execs Ousted As Reshuffle Continues

Future Publishing has today announced its acquisition of Beach Magazines and Publishing Ltd and its three magazines Junior, Junior Pregnancy and Wedding Day.The initial sale price was £1.5 million and this will go up to a further £1.5 million in a year if the business meets certain targets.This is Future’s second purchase this month after… Continue reading Future Expands Portolio With Beach Acquisition

An audit of the use of the radio spectrum in the UK has been commissioned by the Government with a view to freeing more space for broadcast services, allowing the creation of increasingly innovative products and generating more money for the Treasury.The study will be lead by Professor Martin Cave of Warwick Business School, with… Continue reading Government Radio Audit Could Free Broadcast Space

Global advertising expenditure is on target to reach $370 billion for the year, beating previous forecasts and proving 2004 to be an outstanding year for advertising expenditure in traditional media, according to Zenith Optimedia’s global forecasts released today. Forecasters have long been predicting the positive impact of the Olympic Games and the US presidential elections… Continue reading 2004 Predicted To Be Exceptional Year For Advertising

Television is losing out in the face of an increasing threat from the internet, with more than a quarter of Europeans claiming they are now spending less time watching TV in favour of spending more time surfing, according to a new report from JupiterResearch. The new research – Evolution of Media Use in Europe –… Continue reading Broadband Eats Into Television Viewing

Cable operator NTL has announced that it has entered into a definitive agreement to sell its broadcast business to a consortium led by Macquarie Communications Infrastructure Group (MCG) for a purchase price of GBP 1.27 billion. While subject to regulatory approval, the deal is expected to be closed in the first quarter of 2005. The… Continue reading NTL To Sell Broadcast Business For £1.27 Billion

Daily Mail & General Trust (DMGT) has warned of an impending downturn in the regional advertising market, reflecting weakness in the housing and recruitment markets. The publisher made its claim as it delivered full year results, with finance director Peter Williams claiming that, while national advertising appears to be “holding up” its regional equivalent has… Continue reading DMGT Issues Warning On Regional Newspaper Advertising

Financial results published by newspaper heavyweight Daily Mail & General Trust fuelled a rise in stock price yesterday, as the company added 0.14% to close at 726p.The company announced adjusted profit before tax of £234 million, representing a year on year increase of 26% due to growth in its national newspaper, exhibition and business to… Continue reading Sharewatch: Optimistic Results Fuel DMGT Price Rise