The UK inflation rate remained at 3.1% in April, representing no change from March’s figure, according to the latest figures from the Office Of National Statistics (ONS).The Government’s target rate, RPIX, was also unchanged, at 3%.The steady rate confounded expectations of a further rise above the 2.5% target rate set by the Government and the… Continue reading RPI Remains Unchanged In April
Granada was seen in focus yesterday, down 4.33% ahead of its results release for the first half of 2003, which revealed both turnover and EBITA to be stronger than expected.The broadcaster reported overall turnover of £734 million, slightly above analysts expectations (Morgan Stanley predicted £724 million). Content revenues were the main driver of growth at… Continue reading Sharewatch: Granada Falls Ahead Of 1st Half Results
Following the Competition Commission’s decision to block GWR’s bid to buy Galaxy 101 and merge it with Vibe FM in Bristol, NewsLine editor, Gareth Jones, looks at what lies ahead for some of the UK’s biggest radio companies in the newly deregulated market.Over the last few months it has been widely accepted that the relaxation… Continue reading NewsLine Column: A Spanner In The Works For Radio Consolidation?
BBC3 is celebrating its first 100 days on air by claiming an increase in share amongst its key 25 to 34 year-old audience.The digital entertainment channel, which launched last year after a series of delays and setbacks, has seen its share of the key youth demographic increase by 0.5% points on its predecessor BBC Choice.According… Continue reading BBC3 Claims Share Increase For Target Youth Audience
Lord Currie, the chairman of the new communications super-regulator, Ofcom, has pledged his support for co-regulation of the broadcast advertising industry.Speaking at the annual Advertising Association lunch yesterday, he commented: “Regulatory intervention should involve the least intrusive method possible to achieve the regulatory and public policy requirements we must discharge. This means a greater reliance… Continue reading Currie Pledges Support For Co-Regulation Of Industry
IPC’s flagship celebrity title, Now, has secured Nivea deodorant to sponsor a special supplement dedicated to this year’s summer music festivals.The advertorial supplement is the first festival guide that Now has published and represents the first time that Nivea has negotiated a sponsorship arrangement of this kind.The deal centres around a four-page pull-out guide to… Continue reading Now Secures Nivea For Sponsorship Deal
Women are significantly ahead of men when it comes to text messaging, with 74% of the fairer sex claiming to have sent a text message within the last two minutes, compared to just 26% of men, according to new research from the Mobile Data Association (MDA).The data also shows that the take up of text… Continue reading Women Lead The Field In Terms Of Text
Airtime advertising revenue growth at Granada scraped into positive figures during the first half, with the company today reporting a 1% rise to £442 million.Despite the weak ad figures, Granada’s turnover and earnings were significantly stronger than expected by Morgan Stanley and Lehman Brothers analysts. Turnover rose by 3% to £734 million and earnings were… Continue reading Granada H1 Earnings Rise, June Ad Revenue Down
Deals that see advertisers agreeing to commit a proportion of their budget to ITV in return for air-time discounts, could be banned by the Competition Commission if the proposed merger of Carlton and Granada is allowed to go ahead.The ban is one of a number of suggestions being put forward by the Commission, which is… Continue reading Competition Commission May Ban ITV Share Deals
Popworld magazine has appointed wireless marketing company Flytxt to launch an SMS service for its readers.The first issue of the magazine will be supported by an SMS advertising campaign and text messages will be used to build interactivity into the Popworld brand, which also includes an online presence and a Channel 4 television show.Flytxt is… Continue reading Popworld Appoints Flytxt For SMS Marketing Drive
