The Government has confirmed plans to further relax the radio ownership regulations, in a move that clears the way for greater consolidation within the sector.Culture Secretary, Tessa Jowell, will announce later today that the local radio ownership rules will be revised to ensure that there are at least two commercial radio operators, in addition to… Continue reading Government Confirms Relaxation Of Radio Ownership Rules
The merger of Carlton and Granada to form a single ITV would not be detrimental to advertisers, according to the UK’s largest media buying agency, Carat. Regulators are expected to scrutinise the proposed £2.6 billion merger (see Carlton/Granada Move Closer To £2.6bn Single ITV Company), following concerns that a combined Carlton and Granada – controlling… Continue reading Carlton And Granada Merger Gets Agency Backing
The BBC’s news website news.bbc.co.uk, is the most popular site for news and information in the UK, according to the latest research from Nielsen//NetRatings.The site regularly attracts a unique audience of over two million visitors per month, and in June it attracted just over three million users. However, the BBC’s online presence has been the… Continue reading BBC Leads Online News Sector
Jenny Beckman has become the latest senior figure to join Chrysalis-owned LBC from BBC Radio Five Live.Beckman, who joins LBC as marketing controller later this month, will work with Chrysalis radio’s marketing director, Steve Parkinson, to rebrand and relaunch the station on the more popular FM wavelength.She follows Five Live’s deputy controller, Steve Kyte, who… Continue reading Beckman Follows BBC Radio Five Live Colleagues To LBC
The media sector was seen mixed on Wednesday, as investors considered the diminished likelihood of a cut in interest rates and continued concern over unfolding events in Iraq.Cable and Wireless was seen under pressure, down 36.28%, after announcing plans to cut 3,500 jobs in the restructuring of its global data services division.Elsewhere BSkyB was seen… Continue reading Sharewatch
Radio advertising levels at Capital Radio are shaping up to be poorer than expected in November, according to an outlook in the group’s results for the year to 30 September 2002. Capital says that October and November are expected to show an 8% decline in advertising levels and whilst October was already known to be… Continue reading Capital Radio Shares Plummet As Profits And Revenues Dip
Outdoor advertising revenue increased by 5.06% year on year during the third quarter of 2002, according to the latest figures from the Outdoor Advertising Association (OAA).Despite the increase in difficult market conditions, OAA’s chief executive Alan James, warned: “Although we have turned a corner, the figures are steady as opposed to rocketing. I don’t think… Continue reading Outdoor Advertising Sets Its Sights On Recovery
Trading has deteriorated rather than improved in the second half, contrary to previous expectations, according to advertising and public relations company, Chime Communications. In a trading statement issued this afternoon, Chime said that the second half has has proven to be worse than the first and the full year outcome is now predicted to be… Continue reading Chime Shares Fall 75% As Tough Conditions Cause Banking Breach
12Snap is today launching a nationwide mobile marketing campaign to promote McDonald’s sponsorship of ITV’s Popstars: The Rivals series.The Pop & Txt promotion will run for four weeks in 1,200 McDonald’s restaurants across the country and will build on the success of the previous Txt A Monster campaign which took place earlier this year (see… Continue reading 12Snap Rolls Out McDonald’s Popstars Promotion
The US Federal Communications Commission (FCC) has approved the merger of AT&T Broadband and Comcast Cable Communications, a merger which would create the largest cable television company in the United States. The approval is contingent on the newly-created company disposing of its share in Time Warner Entertainment within five and a half years of the… Continue reading FCC Approves AT&T/Comcast Merger
