Capital Radio, which already owns the leading radio station in London, Capital 95.8, has aquired a 19% stake in up and coming urban contemporary black music station Choice FM. The stake, in Choice’s owners Tainside Limited, cost Capital £3.3m, valuing the whole business at £16m. There is an option in the deal for Capital to… Continue reading Capital Expands London Portfolio
Virgin Radio’s breakfast show has broken the 2 million listener mark for the first time in over a year, proving that high-profile celebrity DJ, Chris Evans, was far from indispensable.Capital DJ Steve Penk took over the breakfast show after the controversial departure of Evans last June (see Virgin Terminates Evans’ Contract), and has attracted 300,000… Continue reading Virgin Radio Shows Signs Of Life After Evans
As predicted, WPP has launched an appeal against yesterday’s decision by the Takeover Panel concerning its desired withdrawal from the 555p-a-share offer it made for Tempus in August. The panel ruled that WPP was not permitted to invoke the Material Adverse Change clause in its initial offer for Tempus and that the £434 million takeover… Continue reading WPP Appeals Against Takeover Panel Decision
The RAJAR radio listening figures for the third quarter of this year were released yesterday, which showed overall listening hours and reach are up (see BBC Retains Lead In RAJAR Results). GWR, whose Classic FM reached its best figures, jumped 25½p to £2.11 as a result, while Capital rose over 4% to £7.02½ and Emap… 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.Among those gaining the largest increases period on period in terms of weekly reach was the Wireless Group’s Big AM, which managed a 77.8% increase taking it to 32,000. GWR’s… Continue reading September 2001 RAJAR – Local Commercial Stations
The Takeover Panel has this morning ruled against WPP’s attempt to free itself from its 555p-a-share offer for Tempus Group. WPP had made a submission to the Takeover Panel in an attempt to invoke the Material Adverse Change clause in its initial offer citing the further deterioration of the ad market following the terrorist attacks… Continue reading Takeover Panel Rules Against WPP
Having seen a slight increase in share of listening in June’s period on period analysis, Commercial radio dropped back again over the three months to September. Today’s RAJAR results show that Commercial radio’s share of listening was 46.5%, a fall of 0.1 percentage points period on period. Meanwhile, all BBC grew 0.3 percentage points to… Continue reading BBC Retains Lead In RAJAR Results
The Radio Authority has issued London-based Premier Christian Radio a warning after broadcasting programmes that were deemed “intolerant” and “denigratory” to other religious faiths.The station was found to be in breach of the 1990 broadcasting act after a complainant objected to a number of broadcasts, claiming they were “abusive” to other religious beliefs, such as… Continue reading Christian Radio Warned Over Content
Troubled digital terrestrial broadcaster, ITV Digital, has beaten its internal subscriber growth targets for the third quarter, according to a statement released by co-owners Carlton Communications and Granada this morning. The companies say that ITV Digital gained 82,000 customers in the quarter to September, pushing its total customer base to 1.2 million, up 36% year… Continue reading ITV Digital Reduces Costs And Grows Subs 36% In Q3
The following tables show the performance of each of the main UK radio groups in the latest RAJAR figures for the one year to September 2001. BBC Radio Stations Weekly Reach (000s) Year On Year Comparisons Station Survey Period Ending September 2000 Ending September 2001 % Ch BBC 3 Counties H 126 179 42.1 BBC… Continue reading RAJAR September 2001 – Performance By Ownership
