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Guardian Media Group Radio has decided that it will now not submit an application for the new Manchester radio licence, on the grounds that it is not commercially viable.The move represents a complete U-turn for the company, which announced its intention to create a 24-hour speech and news station for the region, dubbed Channel M… Continue reading GMG Pulls Out Of Manchester Radio Race

Outdoor advertising giant JCDecaux has announced an increase of 5.7% in revenues, totalling €1,631.4, revealing a strong performance in the second half of the year with organic revenues increasing by 6.8%.The solid results are better than the company expected, driven by strong organic revenue performance in all divisions, particularly in transport, where the business has… Continue reading JCDecaux Performs Ahead Of Expectations

The UK is steaming ahead in terms of DAB digital radio penetration, with an estimated 1.2 million digital sets in households by the end of 2004, according to data released by the World DAB Forum.The dramatic uptake of digital receivers has seen sales of sets jump by 178% compared with 2003, aided by the record… Continue reading Digital Radio Penetration Hits Record Level

Satellite TV giant BSkyB has announced its interim results, pleasing investors with revelations of 192,000 new subscribers in its second quarter, 25% year on year operating profit growth and a 44% increase in earnings per share to 12.1 pence.The results will be a welcome relief for Sky’s chief executive, James Murdoch, who was the company’s… Continue reading Sky Ends Subscriber Woes With Massive Q2 Rise

The Daily Telegraph will support its partnership with the British Academy of Film and Television Arts (BAFTA) tomorrow with the launch of the Daily Telegraph British Academy Film Season, offering readers two for one tickets to see a selection of films nominated for a BAFTA award.The promotion will run from February 4 to 10 at… Continue reading Telegraph Boosts Film Association With BAFTA Promotion

Internet giant MSN will launch its new MSN search engine with a multi million pound advertising campaign next week, marking the company’s first TV activity in four years and designed to drive consumers to the new system in droves.The TV activity will be complimented by a large scale online campaign which MSN claims will reach… Continue reading MSN Launches Search Site With Huge Cross Media Push

Video Networks’ on-demand TV provider, HomeChoice, has announced a large-scale extension of its replay service, allowing customers to access popular programming from the BBC, Channel 4 and Chelsea TV, for up to seven days after it has been broadcast.A total of four new BBC channels will now be added to the line-up, and the number… Continue reading HomeChoice Boosts Replay To Encompass Digital Channels

Kids’ TV channel Nickelodeon has signed a deal with United International Pictures to promote the new Spongebob Squarepants Movie through a wide-ranging cross media deal specifically targeting young viewers.The deal includes on-air and online activity, culminating in a Spongebob Squarepants competition to win a holiday for a family of four to the Nickelodeon Family Suites… Continue reading Nickelodeon Signs Cross Media Deal For Spongebob Film

Reports this morning suggest that at least 20 journalists will leave the Financial Times following a voluntary redundancy programme designed to cut costs and boost performance at the troubled newspaper.The redundancies follow a wide-ranging cost-cutting programme, designed to save around £7 million, which saw the paper’s respected Creative Business supplement being closed last year. The… Continue reading Staff Cuts Made To Boost Financial Times Fortunes

Specialist magazine giant, Future Publishing, has announced that it has entered an offer period which could eventually lead to a take-over bid for rival publisher, Highbury House.In a pre-close trading statement the magazine publisher also confirmed industry speculation that it will bid for Highbury’s Front and Fast Car publications, sending shares soaring. The move follow’s… Continue reading Future Confirms Intention To Bid For Highbury