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Virgin Radio is set to launch four new online stations targeting different strands of listeners. The first – Virgin Radio Classic – will be unveiled this week offering an “undiluted” 24-hour selection of classic rock artists from the Virgin Radio playlist. Before Christmas Virgin Radio Lite will also launch, targeting a pop audience; Virgin Radio… Continue reading Virgin Radio Unveils Standalone Web Stations

United News & Media has invested $30m in Creative Planet, the leading provider of B2B solutions for the film and television industry in the US. United plans to merge its own UK-based film production source, The Knowledge, with the group and, working together, develop global online and offline businesses for the market sector. Clive Hollick,… Continue reading United Partners US Film Services Group

A new interactive form of banner advertising is to be rolled out across Future Network sites during the next few months, allowing rich media commercials and a degree of interactivity which the company hope will encourage click-throughs.Currently being tested on the intermusic.com website, the Active Flash Banners (AFBs) allow interactivity such as the click buttons… Continue reading Future To Roll Out Rich Media Banners Across Network

Carlton Communications today announced an 8% increase in pre-tax profits and released an upbeat statement about its progress during 2000. Financial results for the year ending September showed profits of £342m as the group announced progress in the three key areas of sports rights, programme-making and pay tv.But there was little hope on the horizon… Continue reading Profits At Carlton On The Up As Ad Revenues Slip

BBC and Talksport have reached an out-of-court settlement over the broadcasting rights to major sporting events. Talksport can continue to broadcast off-tube commentary of major sporting fixtures even if the BBC holds the rights to the event.The disagreement between the two arose over broadcasting rights to the Euro 2000 championship, to which Talksport claimed to… Continue reading BBC And Talksport Reach Agreement Over Sporting Rights

Carlton Communications was up 19˝p to 531p at close of trading on Friday. The company releases its annual results tomorrow and analysts will be looking for a further update on the ITV advertising market, which has seen a slowdown in recent months.GWR Group took one of the biggest tumbles on the FTSE, losing 27˝p to… Continue reading Sharewatch

Growth could be as high as 16.8% for commercial radio this year, bringing the medium’s share of total display advertising revenue to around 5.7%, but could slow down again in 2001, according to a summary of industry forecasts put together by the Radio Advertising Bureau (RAB).The growth prediction of 16.8% came from the Advertising Association… Continue reading Advertising Forecasts Predict Growth For 2000 And A Slowdown For 2001 In Commercial Radio

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GWR Group has announced a series of new executive boards in readiness for the changes in regulation expected with the publication of the Communications Reform White Paper. The five UK divisions of the radio group will be supported by three new boards, allowing the group to sharpen its focus and maximise its profit potential when… Continue reading GWR Undergoes Restructure In Readiness For White Paper

Shares in online retailer Lastminute.com rose this morning after the company released its preliminary results to September. They showed that, despite heavy net losses, it is ahead of target to reach profitability – partly due to the completion of its takeover of French online retailer Degriftour, completed last month. Lastminute.com, which raised £113.5m through its… Continue reading Lastminute.com Performing ‘Ahead Of Plan’ Despite Losses of �35.7m