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There has been a sharp recovery in radio airtime sales at UBC Media Group, leading the company to upgrade its outlook for the remainder of the year, it said this morning. At the time of UBC’s AGM in August, the company said that airtime sales at the commercial division had been performing below target, in… Continue reading UBC Sees Sharp Recovery In Radio Airtime Sales

Newcastle-based independent radio group, Forever Broadcasting, has sold its Juice Liverpool radio station to Absolute Radio UK for £3.1 million. Forever will realise £1.4 million from the disposal and this will be used to reduce the group’s debt. Juice Liverpool made an operating loss of £0.76 million in the year ending 30 September 2002 and… Continue reading Forever Broadcasting Sells Juice Liverpool For £3.1m

Capital Radio was seen in focus yesterday, down 4.33%, after reporting it is expecting a 4% fall in like for like airtime advertising revenues for the year ending 30 October, despite a gradually improving environment (see UK Radio Groups See Slight Upturn In Uncertain Market).Meanwhile, rival radio company, GWR, fell by 1.09%, after revealing its… Continue reading Sharewatch: Capital Falls On Poor Guidance

Global cinema admissions will fall by 3.8% in 2003 to 8.46 billion, according to a new report from Informa Media Group. This follows a strong year in 2002, after declines in 1998, 1999 and 2000. At the same time, overall global box office receipts will fall by 2.6% to $20.1 billion in 2003. This is… Continue reading Global Cinema Admissions To Fall 3.8% In 2003

The revival in the advertising economy is well and truly underway, with the US driving the upturn, and signs are that 2004 will be a good year for the industry. That was the essence of a speech by WPP supremo, Sir Martin Sorrell at a prominent gathering of media executives this week.Also On MediaTel Insight… Continue reading MediaTelINSIGHT:WPP To Prosper From Ad Resurgence

Metro International has teamed up with British Airways to launch a campaign to promote London as a tourist destination across its free-sheet newspapers in five major European cities.A special four-page supplement will run in Metro editions in Stockholm, Paris, Milan, Prague and Lyon to promote British Airways’ flights to London. The special editions will include… Continue reading Metro International Teams With BA To Promote London

BSkyB remained in focus yesterday, down 0.55% as investors voiced concerns over plans to replace the satellite broadcaster’s outgoing chief executive, Tony Ball, with Rupert Murdoch’s 30 year-old son, James (see BSkyB Confirms Ball To Step Down As Chief Executive).However, reports suggest Murdoch’s planned succession may not go smoothly. Investors representing Britain’s largest company pension… Continue reading Sharewatch: BSkyB Falls On New Chief Executive Concerns

BSkyB is launching a global search to find a new chief executive, amid fierce speculation that Rupert Murdoch intends to install his youngest son in the position. The satellite broadcaster’s nomination committee is understood to have called in head-hunters to draw up a list of potential candidates to replace Tony Ball, who announced on Tuesday… Continue reading BSkyB To Launch Global Search For New Chief Executive

Clear Channel has launched the UK’s first live musical billboard to raise awareness of the Royal Scottish National Orchestra’s drive to promote classical music to a younger audience.The 64-sheet billboard is currently erected in Glasgow and features a violinist, a cellist and a horn player performing on a platform in front of a poster showing… Continue reading Clear Channel Launches UK’s First Live Musical Billboard

Maiden Group, the UK outdoor advertising contractor, says it has seen first half revenue growth above company expectations, despite continued challenging economic and advertising conditions. Its first half results today showed a pre-tax loss of £1.9 million, down from the loss of £2.3 million in H1 2002, whilst group turnover rose by 6% to a… Continue reading Maiden Sees Better Visibility In Outdoor Sector