National speech-based sports radio station, TEAMtalk 252, is to close after less than five months on air.The station, which launched in February to rival Wireless Group-owned TalkSPORT and BBC Radio Five Live, was bought by UKBetting in May for around £14m (see UKBetting To Acquire TEAMtalk For £13.7m). The online bookmaker has decided to close… Continue reading TEAMtalk 252 To Close After Less Than Five Months
Megaposter has launched a new research division called MegaImpact to improve accountability in the giant poster sector.The first results from the MegaImpact omnibus (see NewsLine Column: Are Giant Banners Worth Their Weight?), which tracks the recall effects of outdoor media, shows that fashion brands using giant banners achieve an average 66% recall amongst 18 to… Continue reading Megaposter Launches New Research Division
Virgin Radio has launched a new copy pre-testing service which enables clients booking airtime to access independent research feedback on creative to make sure it will be effective before it airs.‘Soundcheck’, which is carried out online, will use a panel of selected listeners to check that advertising creative produces the desired results when it reaches… Continue reading Virgin Radio Offers Ad Pre-Testing Service
The challenging advertising market continues, according to the first half financial results statement from United Business Media (UBM) released this morning. The group’s chief executive, Clive Hollick, said that there has been “no let-up in the difficult market conditions”.Accordingly, pre-tax profit fell by 43.2% to £40.7 million for the six months to 30 June 2002.… Continue reading Continuing Tough Market Hits UBM Profits
Telewest Communications’ chief executive, Adam Singer, has been abruptly ousted from the cable operator’s Board following what the Financial Times describes as a ‘boardroom coup’. Singer was ‘forced’ to resign by non-executive directors at the company, according to reports.Taking the helm at the heavily indebted cable group is previous finance director, Charles Burdick, who will… Continue reading Telewest Chief Executive Removed In ‘Boardroom Coup’
Radio advertising revenue in the UK rose by 2.1% to £139 million in the second quarter of the year, according to new data released by the Radio Advertising Bureau (RAB). This is the second quarter of growth in a row for the radio industry, after Q1 2002 showed a 0.5% rise in advertising spend (see… Continue reading UK Radio Advertising Shows Second Successive Quarter Of Growth
ISBA has criticised the Joint Scrutiny Committee for advising the Government to rethink its decision to allow non-European investors to buy UK media companies.The Committee, chaired by Lord Puttnam, is urging the Government not to abolish the current media ownership regulations and is suggesting that the issue of foreign ownership should be dealt with by… Continue reading Joint Scrunity Committee Report Prompts Reaction
Radio advertising revenues rose by 23% in the three months to 31 July 2002 at Chrysalis Radio, following a 24% growth during March and April, the company announced in a statement this morning.These figures are considerably higher than second and third quarter forecasts from the Advertising Association (AA) and indicate that Chrysalis is currently outperforming… Continue reading Chrysalis Radio Ad Revenues Outperform Market
The UK’s predominant pay-TV company, BSkyB has declared its intention to build on its 6.1 million subscriber base and deliver services to every household in the country. Bouyed by yesterday’s announcement of a 20% increase in revenues for the last financial year (see BSkyB Results Beat Expectations With 6.1m Customers Now Signed), Tony Ball, chief… Continue reading BSkyB Sees No Limits In The Race For Subscribers
NRS figures for the first six months of 2002 show that during the period there has been little change in the number of people reading national newspapers, with overall readership growing just 0.1% or 74,000. However, within that total there have been winners and losers.GMG group emerged as the main winner in a year on… Continue reading NRS National Newspaper Round-Up – June 2002
