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The management at Capital Radio remain confident about the future performance of the group despite interim results which showed a 15.5% fall in profits. The challenging advertising market has increased pressure on revenues which slipped more than 5% to £56.9 million in the six months ending March 31 2003. Similarly, profits before tax and goodwill… Continue reading Capital Takes Stock As Ad Slowdown Persists

Leading London radio station Capital 95.8 FM saw advertising revenue fall by almost 15% year on year during the first quarter of 2003, according to figures compiled exclusively for NewsLine by Nielsen Media Research.The fall from £9.3 million to just below £8 million coincides with the 10.5% year on year drop in weekly reach seen… Continue reading London’s Leading Radio Station Sees Ad Revenue Decline

Future Network has reported an satisfactory rise in revenues for the first quarter as it looks to build on the progress made in 2002. In a trading statment released to coincide with the group’s annual general meeting, Future said that gains had been made in each territory resulting in a 7% rise in overall revenue.… Continue reading Future Lifted By Bright Start To Year

First quarter revenues at NASDAQ-listed UK cable operator, NTL, were more or less flat year on year, down from £556.1 million to £546.5 million.NTL’s business growth was essentially put on hold until January this year, when it emerged from a Chapter 11 bankruptcy procedure that alleviated its substantial debt. As a result of this process,… Continue reading NTL Returns To Growth After Chapter 11

After the upheavals of recent weeks, Cordiant Communications, the struggling advertising group, has today been given a two month deadline to get its affairs in order. Lenders have confirmed that they will continue financing agreements until mid-July, sufficient time for management to devise a survival strategy. “The company has now signed a definitive agreement with… Continue reading Cordiant Gets Breathing Space From Creditors

French advertising network, Havas, has posted first quarter financial results that show a significant slow-down in revenues in the UK and US. These regions comprise around two-thirds of Havas’ business. Total group revenues were €402 million, down by 19.8% on Q1 2002. Within this, Europe fell by 15.1% to €197 million, with Germany, Italy and… Continue reading Havas Revenues Show Weak UK And US, No Recovery Until 2004

Leading London radio station Capital 95.8 FM saw advertising revenue fall by almost 15% year on year during the first quarter of 2003, according to figures compiled exclusively for NewsLine by Nielsen Media Research.The fall from £9.3 million to just below £8 million coincides with the 10.5% year on year drop in weekly reach seen… Continue reading Ad Revenue Follows Weekly Reach Down At Capital 95.8 FM

News Corporation yesterday reported a return to third quarter profits as a strong performance from the television unit overshadowed losses at the newspaper business. The media giant said that revenues were up 14% year on year to $4.4 billion as income rose in the the US TV and cinema sectors. Fox Broadcasting has enjoyed ratings… Continue reading Profits Boost For News Corp In Q3

With the recent TV United conference still provoking discussion amongst media planners and buyers, Simon Summerscales, strategist at Naked Communications, argues that its time to seriously consider the future of the advertising spot.The recent TV United conference boasted a fabulous line up of speakers, and I must admit to being excited by my trip to… Continue reading NewsLine Column: The Power Of TV

First quarter revenues at NASDAQ-listed UK cable operator, NTL, were more or less flat year on year, down from £556.1 million to £546.5 million. NTL’s business growth was essentially put on hold until January this year, when it emerged from a Chapter 11 bankruptcy procedure (see NTL Emerges From Bankruptcy) that alleviated its substantial debt.… Continue reading NTL Returns To Growth After Chapter 11