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Commercial radio company Chrysalis today announced it is on track to deliver strong earnings growth over the next few years as operating profit for the last six months trebled to £3.7 million.Radio revenues for the period ending 29 February were up by 23% to £33.3 million, growth continued in March and April when revenues increased… Continue reading Chrysalis Sees Profits Treble In Last Six Months

Many radio groups saw a dip in share price last week following the publication of latest RAJAR data for the first quarter of 2004. Chrysalis saw the largest fall, slipping 6.85% week on week to close at 204p> Meanwhile, rival Capital dipped by 1.89% during the same period to rest at 466p.Johnny Vaughan recently took… Continue reading Sharewatch: Major Radio Groups Remain In Focus

ITV has announced plans to acquire SMG’s stake in GMTV for £31 million and is to bid for the remaining 25% of the breakfast broadcasting network, which is owned by Walt Disney Company. The proposed buy-out is part of a wide-ranging deal that will also see ITV take-over the sale of SMG’s national television airtime… Continue reading ITV To Acquire SMG’s Stake In GMTV For £31 Million

GWR is investing £1 million in a cross-media advertising campaign to promote Classic FM after the latest RAJAR figures revealed that more than 6.5 million people now tune in to the station each week.The campaign, which is the first of its kind in the station’s history, will target around 10 million people with a range… Continue reading Classic FM Invests £1 Million In Cross-Media Campaign

Record producer and radio broadcaster, Chrysalis, today announced that they are on track to deliver strong earnings growth over the next few years as operating profit for the last six months has trebled to £3.7 million. Radio revenues for the period ending 29th February, were up by 23% to £33.3 million; growth continued in March… Continue reading Chrysalis Profits Treble For Past Six Months

Giant poster firm Megaposter has secured mobile phone manufacturer Sony Ericsson to launch a campaign to promote the launch of its new T630 cameraphone.The large format billboard featuring the phone has been erected on Shoreditch High Street to maximise exposure to the area’s clubbing and drinking district, frequented regularly by the young, style-conscious Londoners that… Continue reading Megaposter Signs Sony For Shoreditch Site

Voice-over-internet telephony (VoIP) equipment is expected to grow by 48% to $4.9 billion by the end of 2004, according to a new report from eMarketer. The VoIP: Spending and Trends report shows that by the end of 2007, this market is expected to grow rapidly and total equipment spend to reach $15.1 billion. The report… Continue reading VoIP Market To Grow By 48% In 2004

Omnicom-owned agencies OMD UK, Manning Gottlieb OMD and PHD Group are bringing together their media negotiating operations to form the UK’s largest single buying point.The consolidated buying giant will be called OPera and will have more than £1 billion worth of media billings under its control. It will be run as a joint venture company… Continue reading Omnicom Pools Resources To Form UK Buying Point

Commercial radio is leading the way out of the advertising downturn and is continuing to increase its delivery of core audiences to advertisers, according to the Radio Advertising Bureau.The latest RAJAR listening data for the first quarter of 2004 reveals year on year growth in both hours and weekly reach amongst a number of key… Continue reading Commercial Radio Increases Offering To Advertisers

The Daily Telegraph has announced the creation of a new Business Club section to attract new readers and bolster its appeal amongst chief executives of small and medium sized companies.The move will see The Telegraph Business Club launching on 11 May with a double page spread in the business section of The Daily Telegraph, as… Continue reading Telegraph Forms New Club To Woo Business Readers