Revenue for commercial radio has broken the £½billion revenue threshold, showing year-on-year growth of 17.8% for the year to June 2000, an increase of £77m to a total £510m, according to the latest figures from the Radio Advertising Bureau (RAB).Quarterly figures showed even more spectacular growth. The £104.2m of national advertising revenue recorded for April… Continue reading Annual Radio Revenue Breaks The Half Billion Barrier
Flextech managing director Ashley Highfield has been poached by the BBC to direct its new media division. Highfield will take up the new position as a member of the new Executive Committee in the autumn of this year. At Flextech Interactive, he launched 14 new websites and a range of interactive TV services. Deborah Bee,… Continue reading Appointments Brief
The cable industry was under pressure to move towards further consolidation this weekend as Telewest boss Adam Singer hinted that an agreement between his company and rival group NTL may be reached. As a shortage in set-top boxes continues to plague Telewest (see Set-Top Box Shortage Puts Telewest Three Months Behind), the company was surrounded… Continue reading Cable Industry Mulls Consolidation As Telewest Stock Tumbles
Telewest has admitted that factors including the shortage in supply of digital set-top boxes means it will not reach its original sales target by the end of the year.“There have been the inevitable glitches as we have rolled out our new digital products.” said a company statement. “Some of them- such as the set-top box… Continue reading Set-Top Box Shortage Puts Telewest Three Months Behind
Despite months of uncertainty as the ITV merger deal was decided, United News & Media (UNM) still looks set to achieve an overall trading result in the current year which is ahead of its original expectations.Half-year results released today show that while pre-tax profits have remained steady year on year, increasing from £137.6m in 1999… Continue reading Granada Merger To Strengthen United Balance Sheet
Local commercial radio made gains in its listening share for the June 2000 RAJAR period, rising 0.2 percentage points to 38.8% over the three month reporting period. At the same time the sector’s weekly reach fell by 0.4% to 26.7 million listeners. Average hours increased by 1.4% to 15 hours per listener per week.The following… Continue reading June 2000 RAJAR – Local Commercial Stations
Media stocks appeared to be out of favour on the market yesterday. Reuters fell 55p to £12.20, while BSkyB dropped 43p to £11.72. Daily Mail fell just over 53p to £10.87, WPP fell 24p to £8.90 and United News & Media 23p to £8.25 ahead of today’s half year results.Cable companies Cable & Wireless and… Continue reading Sharewatch
BSkyB’s interactive television service Open is set to get a rival as business communications and internet company Energis prepares to enter the market with its own multi-channel package of corporate content.In a joint venture with software developer Graham Technology, Energis will initially provide companies with the opportunity to offer interactive services to customers on the… Continue reading Energis To Launch Interactive Rival To Open
The June 2000 RAJAR figures have shown significant increases for Emap’s Kiss 100 FM and FLR (First Love Radio). Kiss’ reach increased by 11.3%, while FLR rose 33.3%.In terms of share of listening Kiss had the best performance of any London station over the period. It now commands a 4.3% share of the London audience,… Continue reading Kiss & FLR Enjoy Love Affair With London’s Listeners
Rumours about the uncertain future of Associated New Media’s women’s portal charlottestreet.com were flying once again this week as it emerged that the site’s backers, Daily Mail and General Trust (DMGT), were planning an online version of the newspaper’s successful Sunday supplement You. Although both portals would target the same female, 30-45 year old audience,… Continue reading Launches Brief
