Telewest Communications was one of the best performers last week, its share price climbing 11% to 157p, following the issue of positive fourth quarter operating statistics (see Telewest Fourth Quarter Results Delivering On Target, Says Singer).European group RTL was down however, the market responding badly to news of its broadband deal with Bertelsmann (see European… Continue reading Sharewatch
Bertelsmann has taken majority control of European television company, RTL. It has purchased a further 30% stake in the group from Groupe Bruxelle Lambert, increasing its hold to 67%.In return Groupe Bruxelle Lambert will receive a 25.1% stake in Bertelsmann AG, which includes Bertelsmann Music Group and magazine publisher Gruner & Jahr. Pearson, which publishes… Continue reading Bertelsmann Acquires Controlling Stake In RTL
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Wednesday Pay-TV company BSkyB releases first half results for the year 2000, and is expected to announce a subscriber base of 5m.Granada holds its Annual General Meeting, following the completion of its demerger last week (see Granada Rises On Positive Ratings).Friday… Continue reading The Week Ahead
US local radio sales climbed 1% in the first month of 2001 despite the prevailing slow advertising economy and record increases for 2000. National sales for January were down 15% on the previous year although when combined with the healthier local total this drop was only 35 year-on-year. These monthly totals are based on the… Continue reading Radio Gains In January Despite ‘Soft Economic Climate’
Advertising group Aegis has announced the acquisition of Pegram Walters Market Research Group. The cash and share deal, worth up to £5m, is a continuation of Aegis plans to expand its range of services into market research.Doug Flynn, CEO of Aegis, said: “The acquisition of Pegram Walters is another step towards our goal of building… Continue reading Aegis Expands Market Research Portfolio
Building on increases in 1999, combined local and national sales increased by 12% in 2000 bringing ad revenue totals for the industry close to $2 bn, almost double the 1994 figure. These impressive figures were achieved despite poor revenue totals for December 2000. The combined local and national totals for December showed a decrease of… Continue reading 2001 US Outlook From RAB
The latest RAJAR figures for local commercial radio showed that weekly reach has decreased by 280,000 or 1% quarter on quarter, now standing at 54% or 26.2m. Local commercial radio’s share of listening has also dropped, by 0.8 percentage points to 37.9%.The following tables show the best and worst performers, in terms of weekly reach… Continue reading December 2000 RAJAR – Local Commercial Stations
Reuters has acquired a 25% stake in rival online news service Citywire as part of its continued reinvention as an internet company (see Reuters To Spend £500m On Net Plans). The group’s planned personal finance portal will carry commentary and analysis from www.citywire.co.uk and the two will collaborate in the development of new products and… Continue reading Reuters Takes Stake In Citywire
The latest RAJAR figures for local commercial radio showed that weekly reach has decreased by 1% quarter on quarter. Local commercial radio’s share of listening has also dropped, by 0.8 percentage points.Of the local commercial stations broadcasting outside London, the largest percentage increase in terms of weekly reach was seen at Preston-based station Magic 999,… Continue reading December 2000 RAJAR – Local Commercial Stations
Shares fell heavily at Cable & Wireless yesterday as once again the market’s confidence in technology shares dropped. The company ended down 53p at £8.56. Shares in RTL also ended yesterday’s trading greatly reduced, by £5.31 to £57.37, a reduction of nearly 8.5%.Reuters announced yesterday that it has acquired a 25% stake in rival online… Continue reading Sharewatch
