Losses at the UK’s largest commercial radio group, GWR, have risen to £12.1 million for the six months ended 30 September 2002, in what chairman Ralph Bernard describes as a period of ‘volatile and difficult trading conditions’. Total loss for the same period in 2001 was £1.9 million. Turnover at the group remained flat year… Continue reading GWR Losses Deepen To £12m As Tough Market Conditions Bite
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Tony Blair has promised to invest more than a £1 billion of Government money in broadband technology in a bid to stimulate internet usage in the UK. Speaking at the E-Summit in London, the prime minister said that £6 billion would be spent on IT in the next three years partly to ensure that schools,… Continue reading Blair Reiterates Commitment To Broadband
The number of internet users worldwide is predicted to reach 655 million by the end of this year, according to the United Nations. This is equivalent to one-tenth of the global population and represents a 30% increase on last year’s total of 500 million. The E-Commerce and Development Report from the United Nations Conference on… Continue reading World Internet Population Continues To Rise
The number of US mobile gamers is predicted to grow tenfold in the next five years according to a new in-depth study from IDC. Are We Having Fun Yet?: U.S. Wireless Gaming Forecast, 2002-2007 takes a long term view of the emerging market and concludes that handset providers, wireless carriers and game developers and publishers… Continue reading Mobile Gaming Set To Play Major Role, Says IDC
The mobile market in Western Europe is reaching saturation point and opportunities for subscriber growth are therefore limited. However, a new study from The Yankee Group claims that operators are modifying their strategies to ensure higher revenues and foresees a revival in 2003. The report, Western European Cellular Market Forecast 2002: Poised for Recovery states… Continue reading European Mobile Industry Given Fresh Boost
Media stocks were seen rising on Monday, following the broader London equity market upwards, buoyed by Wall Street’s recent bullish stance and strength across cyclical stocks.The radio sector was in focus as investors expect some mergers and acquisitions activity after the proposed liberalisation of radio ownership goes through, although US-owned Clear Channel has ruled out… Continue reading Sharewatch
Adshel has appointed Will Ramage as national sales controller for its national roadside division, to enhance the planning side of the group’s management team.Ramage was previously group head at the Adshel, prior to joining the group he spent five years at the Daily Telegraph.Adam Butterworth, sales director of Adshel, said, “Will’s appointment to the sales… Continue reading Adshel Appoints National Sales Controller
UK consumers purchase over £25 billion worth of goods through direct mail each year, according to the Direct Mail Information Service (DMIS).With total direct mail expenditure rising to £2.2 billion in 2001 and volume reaching 4.9 billion items, direct mail continues to grow, suggesting that companies are turning to the medium as a cheaper alternative… Continue reading Research Shows Direct Mail Defies Ad Downturn
The panel at MediaTel’s recent Media Question Time evening argued that it does not really matter who owns UK media companies, as a good company will run them well, whilst a poor one will fail, as consumers desert its products. With the Government’s recent decision to further liberalise ownership regulations and also to allow foreign… Continue reading NewsLine Column: Letting Consumers Vote With Their Feet
Mobile marketing company Flytxt is launching the world’s first ever global SMS text voting campaign for this year’s Miss World event.Miss World, which has this year been shunned by UK commercial broadcasters, is inviting viewers across 130 countries to vote for their favourite beauty queen via mobile phone.Each of the contestants will appear on the… Continue reading Flytxt Gives Miss World Global Text Appeal
