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Gunter Thielen, the new chief executive of Bertelsmann, has categorically denied that the group is under pressure to sell high profile media divisions such as Channel 5 and Gruner & Jahr magazines. While accepting that the company would exceed self-imposed debt limits for the year, Thielen claimed that Bertelsmann would reduce its arrears through consolidation… Continue reading Bertelsmann To Consolidate, Not Sell, Says Chief

The tables showing the best and worst performers, in terms of weekly reach and share of listening, of the local commercial stations broadcasting outside London are now available to subscribers in Radio reportsThe following stations were reporting with new survey periods: Real Radio Scotland, Saga 105.7 FM, Connect FM and Lite FM, which are now… Continue reading RAJAR Results Q2 2002: Local Commercial Stations

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… Continue reading Chrysalis Radio Ad Revenues Outperform Market

The Football League today lost their High Court case against Carlton and Granada’s collapsed ITV Digital venture over £178.5 million owed from a three-year broadcasting deal.ITV Digital, formerly known as ONDigital, went into liquidation in April when it announced that it could not fully honour the £315 million contract. A number of league clubs have… Continue reading League Loses ITV Digital Battle

The Football League today lost their High Court case against Carlton and Granada’s collapsed ITV Digital venture over £178.5 million owed from a three-year broadcasting deal. ITV Digital, formerly known as ONDigital, went into liquidation in April when it announced that it could not fully honour the £315 million contract. A number of league clubs… Continue reading League Loses ITV Digital Battle

RAJAR figures for the second quarter of 2002 bring less than impressive news for the majority of London radio stations. Capital 95.8 FM and Capital Gold London were the only stations to see their weekly reach increase period on period.Among other major London radio stations, Heart 106.2 experienced a slight decline in reach, whilst Kiss… Continue reading RAJAR Results Q2 2002- London Stations

RAJAR figures for the second quarter of 2002 bring less than impressive news for the majority of London radio stations. Capital 95.8 FM and Capital Gold London were the only stations to see their weekly reach increase period on period. The former managed a 2.4% rise to 2,760,000, whilst the latter climbed 3.3% bringing its… Continue reading RAJAR Results Q2 2002- London Stations

GWR is selling its 25% stake in DMG Radio Australia to Daily Mail and General Trust (DMGT), holder of the remaining 75%, in return for a cancellation of debt to the company. As part of the deal, 5.8 million new shares in GWR will be issued to DMGT, raising its stake in GWR from 26.8%… Continue reading GWR Offloads DMG Radio Australia And Reduces Debt

BSkyB, which yesterday announced that it gained 214,000 subscribers in Q4 last year, taking its total to 6.1 million (see Financial Results Released By Trinity And BSkyB), saw shares rise yesterday. Stock improved 1.18% to close at £5.99, an increase of 7p on the day before.Trinity Mirror, which revealed that pre-tax profits fell to £78.4… Continue reading Sharewatch

This year’s World Cup was expected to benefit radio listening due to the time difference with host nations Japan and Korea. A year on year comparison of listening for the national sports stations seems to suggest this was the case. BBC Radio 5 Live, which carried live match commentary, saw a significant increase in weekly… Continue reading RAJAR Results Q2 2002- National Stations