AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Media share prices suffer global slump during 2001. (News).
Music and media companies hit by the global economic slowdown in 2000 are set to suffer more short-term pain this year before the business climate starts to improve.
Media groups across the board were hit by sharp declines in advertising revenues during the outgoing year, which was one of the factors prompting Capital Radio and GWR to experience 37.5% and 61.15% drops in their share prices respectively across 2001. Meanwhile, Chrysalis suffered to a lesser extent with a 31.1% fall.
"Capital Radio took all the pain in 2001 by being so exposed to London and thus having taken virtually all the dotcom spend in 2000, making comparables incredibly demanding," says ABN Amro investment analyst Helen Snell.
Capital Radio chief executive David Mansfield acknowledges a "challenging year" which resulted in a recruitment freeze and redundancies but retains the belief that Capital should "aggressively expand its national presence".
Emap suffered to a lesser extent, experiencing a 12.05% fall in share price over the year, which was in part the result of a difficult year in 2000, according to one ...
- Chris just can't stop making money; TARRANT TO EARN [pounds sterling]7M A YEAR...
- Newspaper article from: The Evening Standard (London, England) March 30, 2004 700+ words
...television when he quits Capital Radio. The 56-year-old...to earn him about [pounds sterling]3 million on top of the [pounds sterling]4.2 million he earns...voiceovers and can earn [pounds sterling]8,000 for a personal...
- Capital Radio tunes into Choice FM for [pounds sterling]11.7m; IN BRIEF.
- Newspaper article from: The Evening Standard (London, England) November 19, 2003 700+ words
...has been bought out by Capital Radio in an all-share deal worth [pounds sterling]11.7 million. Capital...stake in Choice for [pounds sterling]3.3 million two...September rose 13% to [pounds sterling]93 million.
- MacKenzie in line for [pounds sterling]7m as Ulster TV buys Wireless.
- Newspaper article from: The Evening Standard (London, England) May 9, 2005 700+ words
...a 6.4% stake, worth [pounds sterling]6.3 million at the takeover...would have to pay about [pounds sterling]800,000 to get rid of...Media, the merged GWR and Capital Radio, [pounds sterling]29.5 million for East...
- Capital puts [pounds sterling]1m extra into digital. (Media).
- Magazine article from: Marketing Week November 22, 2001 700+ words
Capital Radio is investing an extra [pounds sterling]1m in its digital...expected to drop to [pounds sterling]26.2m in 2002, but rise to [pounds sterling]31.5m in 2003...four stations. Capital Radio director of strategic...
- Radio stations in [pounds sterling]726m merger to take on BBC.
- Newspaper article from: The Evening Standard (London, England) September 29, 2004 700+ words
...Byline: NICK GOODWAY CAPITAL RADIO and GWR confirmed their [pounds sterling]726 million "merger...to make savings of [pounds sterling]7.5 million a year...combined turnover of [pounds sterling]242 million, earnings...
- Woolworths. (Digests).(UKPd8 mil sponsorship deal with Capital Radio)
- Magazine article from: Marketing Week January 30, 2003 700+ words
Woolworths has signed an [pounds sterling]8m two-year deal with Capital Radio to sponsor the relaunched Network Chart, now called Hit 40 UK. It will start on February 2.
- Capital makes [pounds sterling]1.5m Choice.
- Newspaper article from: The Daily Mail (London, England) November 26, 2004 700+ words
CAPITAL Radio (up 31/4p to 394p) earmarked [pounds sterling]1.5m to market second-tier...writedowns cut profits by 5pc to [pounds sterling]12.6m on sales up 4pc to [pounds sterling]120m last year. Capital's merger...
- Sick as a parrot Ally dodges his [pounds sterling]2m divorce case; Wife claims...
- Newspaper article from: The Daily Mail (London, England) January 21, 2004 700+ words
...As well as the [pounds sterling]800,000 Renfrewshire...made more than [pounds sterling] 1million from his...sold to London's Capital Radio. He is also said to earn more than [pounds sterling]250,000 a year...