Half-year results released by United News & Media this morning, show pre-tax profits falling slightly. For the six months to 30 June 1999 profits fell to £149.5 million, down from £152.9 million for this period last year. The outlook for the full year trading remains satisfactory despite this, says UNM.Advertising revenues across the group’s broadcast… Continue reading United News & Media Profits Hold Steady
Chrysalis Radio’s Heart 106.2FM came out well in the June 1999 RAJAR figures, released yesterday afternoon. The London pop station showed an increase of just under four million listeners a week (30.5%) when compared to the previous RAJAR period to March 1999. Heart’s share of listening in London was also up, by 1.0% points to… Continue reading Heart 106.2FM Beats Strong In Latest Radio Figures
The final report of Gavyn Davies’ Funding Review Panel (see Digital Licence Fee Could Be £24) was broadly welcomed yesterday by BBC director-general, John Birt, and chairman Sir Christopher Bland. Birt said he was “grateful for the Panel’s strong advocacy of the powerful role the BBC can play in the digital era ahead”. He concurred… Continue reading BBC Approves Of Digital Licence Charge
ITV chief executive, Richard Eyre has responded to the recommendations unveiled yesterday by the BBC Funding Review Panel (see Digital Licence Fee Could Be £24). He has initially welcomed the proposals for greater transparency in the Corporation’s spending and the introduction of performance criteria to underwrite the BBC’s special public purposes. He has, however, called… Continue reading ITV Chief Calls For Debate On BBC Funding
Dave King, broadcast director of Carat London, has joined EMAP On Air to fill the newly-created post of sales director. King will oversee the day to day running of the business as well as taking over some responsibilities currently being handled by EMAP On Air’s managing director Tom Toumazis. King will report directly to Toumazis… Continue reading King Leaves Carat To Join EMAP On Air As Sales Director
Following Reed Elsevier’s poor half-year financial results, released yesterday (see Profits Down At Reed Elsevier), the value of the publisher’s parent companies’ share prices fell. At the close of trading yesterday the Reed International trading price stood at 424p, down 41źp on Wednesday’s closing price. While Elsevier’s closing price was 700˝p, down from 769źp on… Continue reading Sharewatch
A new report from Fletcher Research shows that by 2004 there will be 121 million Europeans connected to the internet and they will be spending €17 billion (£11.3 billion) via online shopping. The report, Internet Europe: Connecting The Consumer, also warns that Europe will be many online markets, not just one big honey-pot, and to… Continue reading Localised Targeting Is Key To E-Commerce Success In Europe, Says Fletcher
ITV has failed to hit its peaktime viewing target for the second quarter of the year, according to research compiled by the Institute of Practitioners in Advertising (IPA). The IPA’s Trends In Television report shows that ITV’s average share of the 1900-2230 hours peaktime slot came in at 37.5%; the Network’s target is to achieve… Continue reading ITV Fails To Meet Peaktime Targets In Second Quarter
Plans by Telewest Communications to launch new high-speed internet link in conjunction with Microsoft (see Telewest And Microsoft Confirm High-Speed Internet Service) saw interest in the company shares increase yesterday. At the start of trading yesterday the share price rose by 12p, although this was not maintained throughout the day with the closing up just… Continue reading Sharewatch
In January 1999 RAJAR launched a new method of measuring radio audiences. The second set of data using this new methodology will be released at 2:00pm today.The new method reports listening on a rolling basis. Under the old system a different set of stations reported in each quarter; now all stations’ listening figures are reported… Continue reading RAJAR – The New Methodology Explained
