Classic FM has had its licence renewed by the Radio Authority for its second analogue period. However, due to its increasing success, it will now pay up to £2.4 million a year more for its licence fee.The Radio Authority has increased the station’s fee as part of Broadcasting Act regulations which state that payments must… Continue reading Classic FM Gets New Licence As Radio Authority Increases Fees
Despite escaping relegation Carlton Communications saw a fall yesterday after Goldman Sachs knocked the stock from its European Recommended List. The move came as ONdigital was further shaken by the resignation of another director (see Further Staff Changes At ONdigital) Prices were down 15p to 473˝p.Emap finally lost its place in the top 100 index.… Continue reading Sharewatch
Pay-TV channel and content supplier, Flextech, has this morning reported its interim results for the period ending June 30 1999. Pre-tax losses at the group were £2.9 million, compared to a profit of £1.7 million for the same period last year. Group revenue fell to £62.5 million from £64.1 million.Turnover rose by 5.7% on last… Continue reading Flextech Reports Losses
Internet advertising in the UK could change dramatically after AllAdventage, the US company which pioneered paying users to surf the Net, makes its official UK launch this week. The company pays members 31p an hour to surf the web while allowing advertisers to individually target them.The service works by installing a piece of software called… Continue reading Net Surfers Paid For Direct Advertising
The Radio Authority will advertise the second local digital radio multiplex licence for London on Friday 10 September. Provision for two extra licences for the area was granted last week, after the first licence was awarded to the CE Digital Consortium (see Capital And EMAP Win First London Digital Licence).Chrysalis has already confirmed that it… Continue reading Radio Authority Advertises Second London Digital Multiplex
As chairman and CEO of one of the world’s largest advertising and marketing groups, Martin Sorrell is a man to turn to for knowledge of the global market. In a recent interview with online business magazine Fast Company he spoke of the advantages and difficulties of working on a worldwide scale.America has become the global… Continue reading Globalisation is Americanisation, According To WPP Head
From Monday 13th September BARB will have a new address at:18 Dering Street, LONDON, W1R 9AFTel: 0171 529 5529Fax: 0171 529 5530
Trinity Mirror began trading yesterday after the merger between the two groups was given the unconditional go-ahead on Monday (see Trinity-Mirror Deal Gets ‘Unconditional’ Go-Ahead). Prices closed at 601˝p. The Mirror group will be de-listed shortly.Yesterday’s announcement that US media giants CBS and Viacom are to merge gave a boost to UK broadcasting stocks. Carlton… Continue reading Sharewatch
UK interest rates have gone up by a quarter point to 5.25%. The decision by the Bank of England’s Monetary Policy Committee (MPC) to increase rates has come as a shock to traders and was condemned by industry heads.
The Radio Authority yesterday imposed its most serious sanctions ever when it fined Oxygen FM £20,000 and shortened its licence by 2 years. The Oxford-based station, which broadcasts to students and young listeners, was given the sanctions after it fabricated its output in an attempt to deceive the regulator.An investigation was launched into the station… Continue reading Toughest Sanctions Ever For Student Radio Station
