Further evidence that the new media industry is still seeking a financially viable business model emerged this week as the president of Terra Lycos, one of the world’s largest internet companies, announced that in order to appease shareholders concerned at revenue slumps, the introduction of charges for its services could be on the cards.Terra Lycos… Continue reading Terra Lycos To Introduce Charges In Response To Revenue Falls
Worries that Capital, whose interim results are released today, would shortly issue another profits warning brought shares down yesterday, to end the day down 37½p at £6.90. Other radio shares are also suffering in the climate of uncertainty, with Scottish Radio, whose future merger with SMG looks unlikely now (see Scottish Radio Holdings Shelve Takeover… Continue reading Sharewatch
Reports this week suggest that the hard times are not yet over for ITV. Both Merrill Lynch and ABN AMRO have said that they are now expecting a decline of anything between 10 and 15% in revenue, as opposed to the initial estimate of flat growth for Q3.July was predicted as the month when ITV… Continue reading Further Revenue Declines Predicted For ITV, Broker Forecasts Downgraded
The Wireless Group has today denied press speculation that the company is to be sold due to funding difficulties. A spokesman dismissed the claims made in an article published in a national broadsheet as “speculation” adding, “The Wireless Group is not for sale and is doing well, as recent figures show.”The article in question stated… Continue reading Wireless Group Denies Claims That It Is Up For Sale
Postar, the roadside measurement system, is to introduce a free online pre-planning tool when it relaunches its website. The tool, called Postar Lite, is designed to give an overview of the industry’s various players, stock and innovations accessible to those who would ordinarily find the full Postar service above their requirements.Managing director Helen Tridgell explained… Continue reading Postar To Launch Free Online Pre-Planning Tool
BSkyB has completed the acquisition of British Interactive Broadcasting Holdings Ltd (BiB), giving it 100% ownership of the company which owns and operates the Open interactive TV service. The transaction has come about as a result of BT’s decision to exercise its option to exit BiB following BSkyB’s acquisition of the shareholdings of HSBC and… Continue reading BSkyB Achieves Complete Control Of Open
The Scottish Radio Holdings Group (SRH) shelved takeover talks with interested parties today, blaming recent weaknesses in the UK stockmarket.The decision to “temporarily dicontinue” talks followed the conclusion of a strategic review of the company undertaken in conjunction with its advisers Goldman Sachs International.The review highlighted the need to clarify the intentions of Scottish Media… Continue reading Scottish Radio Holdings Shelve Takeover Talks
The ongoing price war between low cost airlines generated a complaint to the ASA recently when BA’s Go Fly Ltd advertised flights to Nice in the national press with the headline “Going to Monaco for the Grand Prix? Don’t pay over the odds.”. A disc below stated “Nice from £65 rtn incl all taxes” and… Continue reading Go Fly Brought Down To Earth By ASA
BSkyB showed a modest rise yesterday of 1.52% following the announcement of its completed acquisition of British Interactive Broadcasting Ltd. Carlton showed a loss of 2.56% with Granada following suit dropping 0.9% to finish at £1.64ź for the day.Bright Station continued to climb, gaining 2.5% to finish at 10źpThe worst performance of the day was… Continue reading Sharewatch
The latest radio audience figures, for the three months to March 2001, showed BBC Radio notching ahead its lead over the commercial sector quarter on quarter. This is a continuation of a trend that began around a year ago when then BBC stations took their share over the 50% mark and commercial dropped back to… Continue reading Feature: BBC Radio Continues To Build Advantage
