Chrysalis Radio is in advanced discussions to take control of LBC’s owner, London News Radio, from GWR Group, the group has confirmed this afternoon.No figure was cited in Chrysalis’ statement, but press reports speculate that the group will pay in the region of £25 million for LNR. However, the acquisition would be part of an… Continue reading Chrysalis To Swap Galaxy 101 For London News Radio
People who use the internet at work spend more time and money online than those who access the web from home, AdAge reports. A new survey released by Avenue A, a Seattle based advertising and media agency, reveals that internet media consumption is 22% higher among work users than for home-only users. Of those surveyed,… Continue reading Work Internet Users Are Biggest Spenders, Study Finds
With Christmas exactly three months away, online retailers are turning their attention to the festive season and the Interactive Media in Retail Group (IMRG) has sought to convince the public that internet shopping is cheap, hassle-free and above all secure. It is estimated that more than 10 million people in the UK will shop online… Continue reading UK Industry Group Predicts Online Christmas Bonanza
Gradually improving trading figures are expected from the UK radio sector, even though there may be no significant recovery just yet, according to analysts at Merrill Lynch. Trading figures from GWR and Capital Radio are to be released tomorrow and are predicted to reveal improving growth (or lessening decline), mainly due to more easy comparisons… Continue reading Insight Analysis: UK Radio Sector Update
Although sales of stand-alone Personal Video Recorders (PVRs) have been sluggish until now, there are signs that the technology is starting to enter the public conciousness. A new report from Informa Media Group forecasts that the number of PVR households worldwide will total 2 million at the end of this year and rise to 24… Continue reading PVRs To Emerge As A Force, Says Informa Media
The consensus of a number of recent key advertising forecasts puts 2002 global growth at -0.5%, rising to 2.8% in 2003. These figures are compiled from an average of the most recent forecasts from Lehman Brothers, Zenith Optimedia, Aegis and Merrill Lynch. The consensus for European growth is -2.5% this year and 2.4% in 2003.… Continue reading Insight Analysis: Global And Regional Advertising Forecasts Comparisons
The cost of high-speed internet access is prohibitive and a big turn-off for a majority of users in the US, claims a new report from the Office of Technology Policy (OTP). Although the service is now available in most parts of the country, only one in ten of those with internet access uses a broadband… Continue reading Broadband Too Expensive In The US, Says Report
Seven in ten mobile phone users find text message advertising too intrusive, according to a new survey from BMRB. The research showed that 36% of mobile phone users remembered receiving an SMS ad from their mobile phone operator in the preceding four weeks. Of these, around 13% claimed to have received text message ads that… Continue reading Most Mobile Phone Users Find SMS Ads Intrusive, Says Report
At a time when investor confidence in the high-tech sector would appear to be at an all time low, the wireless LAN (WLAN) industry is bucking the trend and worldwide shipments are set to increase by 73% this year, according to a new report from Gartner Dataquest. The technology research group calculates that revenue from… Continue reading Gartner Predicts Bright Future for WLAN Dealers
Media Stocks were under pressure on Monday, after a turbulent day of heavy trading brought the FTSE 100 to its knees, closing at a six-year low.Speculation surrounded whether yesterday’s “black Monday” was market capitulation, but some traders speculate shares are yet to bottom out, forecasting further profit warnings from both sides of the Atlantic as… Continue reading Sharewatch
