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Radio airtime revenues at Scottish Radio Holdings (SRH) rose by 5.3% in its first half, not including new acquisitions; this is in line with predictions made in the group’s March trading statement (see Scottish Radio Sees First Half Broadcast Revenues Up 5%). Including the effect of acquisitions during the period, advertising revenues were up by… Continue reading SRH Sees Radio Revenues Up 5% In First Half

ITV partners Carlton and Granada were seen in focus, up 13.27% and 9.36% respectively in the wake of this weeks’ well received results. The groups were further lifted by positive comments from Deutsche Bank which anticipates that the proposed merger will be completed successfully and raised revenue estimates accordingly. However, other analysts claim the two… Continue reading Sharewatch: ITV Partners Rise After Positive Comments

The US TV airtime upfront buying season has given a shot in the arm to the advertising industry by hitting record levels. Reports claim that the final tally could exceed $9 billion in committed spend. Last year, the upfront season fetched $8.1 billion – also a record figure. During upfront trading advertisers pre-book airtime slots… Continue reading US Upfronts Hit Record $9bn-Plus Autumn Sales

Emap Advertising has poached Gary Dawson from the BBC to head up its classified sales division.Dawson, who has over 14 years experience in classified advertising, will replace Charlotte Hunt who resigned earlier this month. He will report to Emap’s head of youth Rory Brett, who commented: “Classified advertising is an important part of our business… Continue reading Emap Appoints Dawson To Boost Classified Offering

Digital Download Day 2, an event designed to publicise legal internet music downloads in the UK, can only be considered a partial success, according to figures released by Nielsen//NetRatings. The event, which took place on 18 April, was organised by OD2 and succeeded in attracting 523,000 visitors to the company’s website during the whole month.… Continue reading Uncertain Future For Digital Music Market

IPC Media has poached Katrina Hutchinson from Viacom Outdoor to become its regional sales director for Manchester.Hutchinson replaces Sandra Tinker, who left the position to head Emap Performance’s commercial operations in the North. She will oversee a team of 20 sales staff and will report to group ad sales director, Martin Corke, who commented: “This… Continue reading IPC Secures Viacom Sales Director For Regional Role

A new, but wholly familiar, figure has emerged as a bidder for the American entertainment assets of Vivendi Universal. Edgar Bronfman Junior, currently vice-chairman at Vivendi, has informed the board that he is convening a group of investors with a view to procuring the US-wing of the enterprise. The music company, film studios, theme parks… Continue reading Bronfman Joins Race For Vivendi’s Universal Assets

Profits at GWR Group increased by more than 11% in the year to March 31, according to financial results released this morning. Figures were in line with expectations and reflected the success of restructuring efforts over the past twelve months.The group’s total revenues were £127.1 million, down from £128.4 million last year and pre-tax losses… Continue reading GWR Achieves Objectives In ‘Difficult’ Conditions

Profits at GWR Group increased by more than 11% in the year to March 31, according to financial results released this morning. Figures were in line with expectations (see GWR Sees Radio Revenues Down By 3.9% In Q4) and reflected the success of restructuring efforts over the past twelve months. The group’s total revenues were… Continue reading GWR Achieves Objectives In ‘Difficult’ Conditions

Carlton was seen in focus yesterday, up 1.80%, after unveiling strong first half financial results that beat market expectations (see Carlton Results Push Shares Up As Profits Return).Meanwhile, SMG suffered falling 6.83% after UBS Warburg reduced its pre-tax profit forecasts for the group, citing the weakness of the television advertising market. The note from UBS… Continue reading Sharewatch: Carlton Rises As Results Beat Expectations