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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
With the latest RAJAR radio audience figures out today, one of the worst falls among media shares yesterday was talkSPORT owner Wireless Group, which ended down 10p at 47½p, a fall of over 17% compared to the previous day’s closing price. Emap also suffered a fall, although less severe, slipping 10p to £6.42, a decrease… Continue reading Sharewatch
Online advertising activity increased 6% during September as companies turned to the internet as a cheaper form of marketing.The latest figures from online advertising monitor, Lemonad, show that compared to August the number of individual advertisers using the internet during September grew by 6%.The number of online campaigns also increased by 4%, suggesting that a… Continue reading Online Advertising On The Up
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
ISBA has welcomed ITV’s decision to move The Premiership from its 7.30pm slot to a later time of 10.30pm (see ISBA criticised the sports highlights programme for failing to attract the anticipated audience levels in “an important prime-time slot for advertisers” and said that its members had expressed concern about the programme since its launch… Continue reading ISBA Welcomes The Premiership’s Relegation
Acquisitions play a large part in the fortunes – or otherwise – of WPP this year. First half revenues were up over 56%, largely due to the contribution made by last year’s big name acquisition Young & Rubicam, along with several other smaller companies acquired along the way, whilst all the talk at the moment… Continue reading WPP Warns Results May Suffer In ‘Very Difficult’ Year
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
