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Capital Radio has said that it expects its radio revenues to decline by 3% in the three months to March 2003, following a 6% drop in the final quarter of last year (see Capital Radio Ad Revenue Falls 6% In Q4 2002). The group said in a trading statement this morning that the figures will… Continue reading Capital Sees Revenues Down 5% In First Half

Influential Labour peer, Lord Puttnam, is believed to have warned the Government that he intends to lead a rebellion of peers opposed to the liberalisation of the cross-media ownership regulations.It is understood that in a speech during the second reading of the Communications Bill in the House of Lords, Puttnam said the Bill contained “fatal… Continue reading Puttnam To Lead Media Ownership Rebellion

Independent News & Media (INM) has this morning posted a positive set of financial results for 2002, with like for like pre-tax profits rising by 8% to €129.0 million. The group, which publishes the Independent in the UK, said that overall newspaper revenues were up 0.7% in constant currencies, but down 3.2% in real terms… Continue reading INM Profits Rise 8%, Confident Outlook For 2003

Capital Radio has said that it expects its radio revenues to decline by 3% in the three months to March 2003, following a 6% drop in the final quarter of last year.The group said in a trading statement this morning that the figures will result in a 5% decline in advertising revenues for the six… Continue reading Capital Sees Revenues Down 5% In First Half

Independent News & Media (INM) is selling its UK regional newspaper assets to Newsquest for £60 million, the group announced along with its financial results this morning. INM, publisher of the Independent national paper in the UK, has reached an agreement with Newsquest’s US parent, Gannett, to sell the 29 paid-for and 16 free weekly… Continue reading Independent News Sells UK Regional Papers To Newsquest

Independent News & Media (INM) has this morning posted a positive set of financial results for 2002, with like for like pre-tax profits rising by 8% to €129.0 million.The group, which publishes the Independent in the UK, said that overall newspaper revenues were up 0.7% in constant currencies, but down 3.2% in real terms across… Continue reading Independent News & Media Sees Profits Rise By 8%

Influential Labour peer, Lord Puttnam, is believed to have warned the Government that he intends to lead a rebellion of peers opposed to the liberalisation of the cross-media ownership regulations. It is understood that in a speech during the second reading of the Communications Bill in the House of Lords, Puttnam said the Bill contained… Continue reading Puttnam To Lead Media Ownership Rebellion

Telewest Broadband is launching trials of a new two megabyte version of its Blueyonder internet service, which it claims will be the UK’s fastest unlimited home internet product.The pilot service offers a continuous cable connection to the internet, which Telewest claims is 40 times faster than traditional dial-up services and four times more powerful than… Continue reading Telewest Trials UK’s Fastest Broadband Service

Large, traditional advertisers are embracing the internet for their campaigns in a trend that could provide a significant boost for the online advertising sector. According to a new report from Nielsen//NetRatings, the top 100 US traditional advertisers accounted for over 30% of online ads by the end of 2002, as measured by ad impressions. This… Continue reading Traditional Advertisers Turn To The Web

Fusion Radio sales is set to transfer all of its operations to First Radio Sales, formerly Clear Channel Radio Sales, from the end of this month.The move is likely to be seen as a precursor to the consolidation expected across the industry when the Communications Bill relaxes the radio ownership regulations later this year (see… Continue reading Fusion Radio Sales To Merge Into First Radio Sales