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Press reports today have suggested that EMAP is considering spinning off its radio interests into a separate business. This may pump up its market rating ahead of a relaxation of ownership rules and the subsequent consolidation in the radio industry. EMAP is primarily a magazine publishing group and because consumer press is a slower growth… Continue reading EMAP Radio Business Spin-Off Speculated By Reports

US media executives are eyeing takeover and merger opportunities in the UK, following the relaxation in ownership restrictions proposed by the Draft Communications Bill, according to report in this morning’s Financial Times. The paper notes that Bob Wright, chief executive of NBC, was in London last week on the lookout for possible deals for his… Continue reading US Media Execs Eye UK Opportunities, Says FT

The best performance in yesterday’s media market came from Independent, which announced that it is ‘cautiously optimistic’ that 2002’s results will show an improvement on those achieved during the past year (see Advertising Shows More Consistency, Says Independent). Shares rose 2.66% yesterday to close at £135, an increase of 3˝p on the previous day’s trading.Daily… Continue reading Sharewatch

Scottish Radio Holdings (SRH) says that radio revenues are expected to drop by 2% in the year to the end of September. This is offset by a 2% rise in press revenue, leaving overall group revenues flat for the year, excluding acquisitions and disposals. Including acquisitions, radio and press revenues combined are 12% ahead of… Continue reading SRH Radio Revenues Drop 2% In Full Year

Jazz FM and Guardian Media Group (GMG) have reached an agreement following a revised takeover offer from GMG for the radio station, the two groups announced yesterday evening.GMG had previously tabled an offer of 180p per share, or £41 million, but the Jazz FM Board had urged its shareholders to take no action with respect… Continue reading Jazz FM Agrees To £44.5m Takeover By GMG

Jazz FM and Guardian Media Group (GMG) have reached an agreement following a revised takeover offer from GMG for the radio station, the two groups announced yesterday evening. GMG had previously tabled an offer of 180p per share, or £41 million, but the Jazz FM Board had urged its shareholders to take no action with… Continue reading Jazz FM Agrees To £44.5m Takeover By Guardian Media

BARB has this month issued a newsletter to the media industry which gives an update on the situation regarding the much-criticised new contract for viewing data collection (see BARB Controversy Continues), which began in January this year. The newsletter insists that the focus at present is on quality control in this, the setting up stage.BARB… Continue reading BARB Emphasises Quality In Newsletter Update

A new report on global entertainment and media (E&M) spend published by PricewaterhouseCoopers has found that the industry will enjoy a compound annual growth rate (CAGR) of 5.2% between this year and 2006, eventually reaching $1.4 trillion (see Entertainment And Media Spend Set For 5.2% Growth To 2006, Says PWC). The report also makes a… Continue reading PricewaterhouseCoopers Predicts Global Media And Entertainment Sector Growth

London Taxi Promotions have signed a contract with the “Gentlemen’s Club” Spearmint Rhino, hoping to literally drive sales to the nightclub’s door.Asher Moses, London Taxi Promotions’ managing director, said: “This kind of campaign is a great illustration of how taxi advertising works at its best. There are bound to be spontaneous visits to the club… Continue reading Gentlemen’s Club Orders 100 Taxis For Promotion

Independent News & Media (INM) this morning said that it is ‘cautiously optimistic’ that 2002’s results will show an improvement on those achieved during the past year. The group publishes the Independent national newspaper in the UK and has other print, outdoor and broadcasting interests across the world, notably in Ireland, New Zealand and Australia.… Continue reading Advertising Shows More Consistency, Says Independent