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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… Continue reading League Loses ITV Digital Battle

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

Ad revenues at radio group GWR rose by 6.0% year on year in the second quarter, ahead of expectations and at first look indicating a strengthening radio marketplace; GWR had been expecting only ‘marginal’ growth for the period (see GWR To Focus On UK Market As Group Profits Fall). Like for like revenues in the… Continue reading GWR Revenues Rise 6% In Q2, But Declines Expected In Q3

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… Continue reading Telewest Chief Executive Removed In ‘Boardroom Coup’

UK cable operator, Telewest Communications, has this morning posted its first half financials, after a period which newly-installed managing director, Charles Burdick, described as a ‘tough quarter’. Burdick has just taken over the top position at the indebted business, after previous chief executive, Adam Singer, was ousted by the Board (see Telewest Chief Executive Removed… Continue reading Loss Narrows As Broadband Grows At Telewest

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

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

The following tables show the best and worst performers, in terms of weekly reach and share of listening, of the local commercial stations broadcasting outside London.The following stations were reporting with new survey periods: Real Radio Scotland, Saga 105.7 FM, Connect FM and Lite FM, which are now reporting half yearly.New groups in this quarter’s… Continue reading RAJAR Results Q2 2002: Local Commercial Stations

The RAJAR listening figures for the second quarter of 2002 show that in terms of share, there has been little movement, period on period. Both All BBC and All Commercial radio retained the exact same percentage share, 52.6% and 45.5% respectively, as they had in the first quarter of the year, which means the BBC… Continue reading RAJAR Results Q2 2002- Overall Summary