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EMBARGOED 00.01 2 February 2012 REGIONAL
PRESS RELEASE – EMBARGOED 00.01 2 February 2012 Year-on-Year growth for Smooth Radio UK and Real Radio brand Almost 5.6 million adults tune into a GMG Radio station each week – an extra 376,000 (YonY) Smooth Radio’s digital audience approaches 1 million adults each week GMG Radio’s Smooth Radio and Real Radio brands have recorded impressive year-on- year growth, according to the latest audience research out today (Thursday). 5.6 million adults now tune into one of the group’s stations each week - 376,000 more than a year ago. Smooth Radio UK’s weekly reach now stands at over 3.3 million adult listeners a week, up 231,000 on the same time last year. The audience also likes what they hear, with total hours listened to the station now standing at 25.75 million - almost two million (1.88m) more than a year ago – making it the UK’s second most listened to national commercial radio station. Simon Bates at Breakfast is celebrating his first year on Smooth Radio and has grown the breakfast audience by 69,000 to almost 1.4 million a week (YoY). For the group’s Real Radio brand the audience growth trend is also upwards. The stations, which broadcast on FM in Wales, Scotland, the North East and North West of England and Yorkshire and digitally across the UK, have added a total of 164,000 new adult listeners in the last year to give them a new weekly reach of just over 2.5 million adults. -
The BBC's Use of Spectrum
The BBC’s Efficient and Effective use of Spectrum Review by Deloitte & Touche LLP commissioned by the BBC Trust’s Finance and Strategy Committee BBC’s Trust Response to the Deloitte & Touche LLPValue for Money study It is the responsibility of the BBC Trust,under the As the report acknowledges the BBC’s focus since Royal Charter,to ensure that Value for Money is the launch of Freeview on maximising the reach achieved by the BBC through its spending of the of the service, the robustness of the signal and licence fee. the picture quality has supported the development In order to fulfil this responsibility,the Trust and success of the digital terrestrial television commissions and publishes a series of independent (DTT) platform. Freeview is now established as the Value for Money reviews each year after discussing most popular digital TV platform. its programme with the Comptroller and Auditor This has led to increased demand for capacity General – the head of the National Audit Office as the BBC and other broadcasters develop (NAO).The reviews are undertaken by the NAO aspirations for new services such as high definition or other external agencies. television. Since capacity on the platform is finite, This study,commissioned by the Trust’s Finance the opportunity costs of spectrum use are high. and Strategy Committee on behalf of the Trust and The BBC must now change its focus from building undertaken by Deloitte & Touche LLP (“Deloitte”), the DTT platform to ensuring that it uses its looks at how efficiently and effectively the BBC spectrum capacity as efficiently as possible and uses the spectrum available to it, and provides provides maximum Value for Money to licence insight into the future challenges and opportunities payers.The BBC Executive affirms this position facing the BBC in the use of the spectrum. -
GMG Radio Response to the Ofcom Consultation on Review of Procedures for Handling Broadcasting Complaints, Investigations and Sanctions
GMG Radio response to the Ofcom consultation on review of procedures for handling broadcasting complaints, investigations and sanctions Introduction GMG Radio plc is part of The Guardian Media Group and operates fourteen analogue licences within the UK under the separate Real, Smooth and Rock Radio brands. The company was an inaugural partner and is currently a 35% shareholder in the MXR regional multiplex consortium as well as being a long-term service provider on each of its platforms. GMG Radio is also a founding partner and stakeholder in Digital Radio UK, the body charged with helping prepare the UK for digital switchover. GMG Radio considers regulatory compliance to be a hugely important and crucial element to our overall business operation and welcomes proposals which are genuinely designed to assist in improving standards and enhance understanding of regulatory procedures. We note this consultation seeks stakeholder views on proposed changes to procedures as opposed to responses to specific questions. Current understanding Ofcom has no wish to dilute the current process by which it can diligently follow when investigating breaches of broadcast licences, investigating complaints including those on fairness and privacy issues and the consideration of statutory sanctions for proven breaches. As such this consultation is specifically placed within the public arena in order to enlist stakeholder opinions on planned changes which are ultimately designed to ensure an ongoing commitment to the principles of continued fairness to those directly involved and at the same time introduce new procedures which are clearer, simpler and can be implemented as effectively and efficiently as possible. The consultation documents sets out proposals for new procedures covering the handling of broadcasting complaints, investigations and sanctions and it invites written views and comments on each of them prior to the publishing of a finalized version. -
3 Radio and Audio Content 3 3.1 Recent Developments in Scotland
3 Radio and audio content 3 3.1 Recent developments in Scotland Real Radio Scotland has been rebranded as Heart In February 2014 Capital Scotland was sold to the Irish media holding company, Communicorp. It was sold as part of eight stations divested by Global Radio to satisfy the UK regulatory authorities following the acquisition, two years ago, of GMG Radio from Guardian Media Group. Under a brand licensing agreement, Communicorp has rebranded the 'Real' stations under the 'Heart' franchise and plans to relaunch the 'Smooth' stations following the reintroduction of local programming. Therefore, Real Radio Scotland was rebranded as Heart Scotland in May 2014. XFM Scotland was re-launched by its owners, Global Radio, in March 2014. 3.2 Radio station availability Five new community radio stations are available to listeners in Scotland Scotland’s community radio industry has continued to grow. There are now 23 community stations on air, out of the 31 licences that have been awarded in Scotland. New to air in 2013/14 were East Coast FM, Irvine Beat FM, Crystal Radio, and K107 FM. Irvine Beat FM has received funding from the Lottery Awards for All fund to build a training studio. Nevis Radio, which serves Fort William and the surrounding areas, was originally licensed as a commercial radio service, but having chosen to become a community radio service it was awarded this licence instead, on application. The remaining eight of the most recent round of licence awards are preparing to launch. A licensee has two years from the date of the licence award in which to launch a service. -
Digital One’S Response to the Ofcom Consultation “Future Pricing of Spectrum Used for Terrestrial Broadcasting”
Digital One’s Response to the Ofcom Consultation “Future pricing of spectrum used for terrestrial broadcasting” 1. Digital One operates the UK’s only national commercial DAB digital radio multiplex. Its shareholders are GCap Media (63%) and Arqiva (37%). Digital One’s transmission network (which is operated by Arqiva) is the world’s biggest DAB digital radio network with coverage well in excess of 85% of the British population. Digital One’s multiplex broadcasts: - the three INRs (Classic FM, Virgin Radio and talkSPORT); - four digital-only national stations (Capital Life, Core, Oneword and Planet Rock) with a further station being launched in the next few months; - TV channels and an Electronic Programme Guide broadcast as part of BT Movio. Digital One is a leading stakeholder in the UK’s Digital Radio Development Bureau and the WorldDAB Forum (which is responsible for the DAB digital radio standard and works to coordinate the international roll-out of Eureka 147 based technologies). 2. Digital One is licensed under the 1996 Broadcasting Act, and has licence obligations which help deliver public policy benefits. These limit Digital One’s ability to use the spectrum it has been allocated in the most efficient manner (in economic terms). For example: - the obligation to operate a transmitter network which delivers high population coverage; - the obligation (at the direction of the Secretary of State for the Department of Culture, Media and Sport) to carry the three INRs and to offer each INR an amount of capacity dictated by the regulator; -
Classic FM Relocates
Classic FM Relocates Lawrie Hallett MIBS reports on Classic FM’s move last year to GCAP’s London Radio Centre. Classic FM’s production studio at Leicester Square n 9 May 2006 the UK’s two largest only when this rival group was unable to June/July 1999 edition of Line Up.) commercial radio companies – the raise the considerable pre-launch capital Classic FM enhanced its presence on O Capital Radio Group and the GWR needed for its proposed service that the FM (it now has 42 transmitters across the Group – completed their merger to form contract was awarded instead to Classic FM country) as well as raising its profile GCap Media plc. Soon after its formation, as the runner-up in the contest. through involvement in the ‘Digital 1’ and doubtless recognising the potential cost Once it had the green-light, Classic FM national DAB multiplex. It has also savings and operational synergies which wasted little time in getting on-air in 1993, broadcast via the Sky satellite TV system should arise, it was decided to consolidate and its transmitter network quickly since 1999 and the same service is available the London departments under a single expanded to cover 82% of the total on Virgin’s digital cable system, the Tiscali roof. The chosen location was what had population – just over the 80% required by (formerly Home Choice) network and, of been the Capital Group’s Leicester Square the INR1 licence. The old GWR Group had course, via the Internet. headquarters, so the former GWR broadcast provided technical expertise and support stations as well as a newly combined for the fledgling national broadcaster, and in Location, Location, Location national sales team have all taken up 1997 it bought out the entire company. -
Q4 2005 NATIONAL STATIONS-Copy
RAJAR Quarterly Summary of Radio Listening - Quarter 4, 2005 - NATIONAL STATIONS RELEASED AT 7.00AM THURSDAY FEBRUARY 2, 2006 KEY Quarter 4, 2004 in green Quarter 3, 2005 in blue Quarter 4, 2005 in pink % Change Y/Y and Q/Q for reach only * = less than 0.05% TERMS WEEKLY REACH: The number in thousands of the UK/area adult population who listen to a station for at least 5 minutes in the course of an average week. SHARE OF LISTENING: The percentage of total listening time accounted for by a station in the UK/area in an average week TOTAL HOURS: The overall number of hours of adult listening to a station in the UK/area in an average week SAMPLE SIZE Q4 2005: Survey Period - Code Q (Quarter): 33,592 Adults 15+ / Code H (Half year) 65,569 Adults 15+ TOTAL HOURS (in thousands): All BBC Q4 04: 567,674 Q3 05: 584,914 Q4 05: 583,979 TOTAL HOURS (in thousands): ALL COMMERCIAL Q4 04: 464,351 Q3 05: 466,172 Q4 05: 453,692 STATION SURVEY REACH REACH REACH % CHANGE % CHANGE SHARE SHARE SHARE PERIOD '000 '000 '000 REACH Y/Y REACH Q/Q % % % Q4 04 Q3 05 Q4 05 Q4 05 / Q4 04 Q4 05 / Q3 05 Q4 04 Q3 05 Q4 05 ALL RADIO Q 43816 44385 44439 1.4 0.1 100.0 100.0 100.0 ALL BBC Q 32490 32873 32973 1.5 0.3 54.0 54.6 55.1 ALL BBC NETWORK RADIO Q 28429 28898 28802 1.3 -0.3 43.0 43.9 44.0 BBC RADIO 1 Q 9926 10329 10294 3.7 -0.3 8.2 9.4 9.2 BBC RADIO 2 Q 13305 12859 13252 -0.4 3.1 16.4 15.6 16.0 BBC RADIO 3 Q 2100 2067 1973 -6.0 -4.5 1.3 1.2 1.2 BBC RADIO 4 Q 9406 9621 9318 -0.9 -3.1 11.5 11.5 11.8 BBC RADIO FIVE LIVE Q 5981 6052 5721 -4.3 -5.5 4.3 4.6 4.2 BBC RADIO FIVE -
Non-Tech Companies Fostering Technology Acquisitions
NEWSLETTER GMAP Tech Newsletter NEWSLETTER Tech Acquisitions by Non-Tech Companies NEWSLETTER GMAP Tech Non-Tech Companies Fostering Technology Acquisitions October 2020 www.globalma.comAugust 2020 www.globalma.com www.globalma.com Page | 1 NEWSLETTER GMAP Tech Newsletter Tech Acquisitions by Non-Tech Companies EXECUTIVE SUMMARY As innovation becomes key to business success, legacy firms are embarking on the inorganic growth path to leverage the latest technology from startups. And these incumbent organizations are benefiting from engaging with lean and agile startups that bring innovation faster with shorter turnaround periods. A major shift is that these companies have become more comfortable with technology, trying to recast themselves as tech companies as seen in the technology-intensive and acquisitive Aerospace & Defence, Industrial, and BFSI industries. Companies in other industries are also active in acquiring tech firms to help reduce costs, competition, and disruption; expand to new geographies; and explore new market opportunities. However, a particularly popular technology to garner patrons across all industries has been artificial intelligence. With companies from almost all industries acquiring or investing in AI firms to capitalize, enhance or expand their capabilities, while also adding to their skilled talent pool; this tech has had a major impact on deal-making. Other major technologies drawing attractive valuations from a diverse range of acquirers include analytics, automation, cloud, cybersecurity, and digital operations / management platforms. Though, initially not comfortable with the high prices that many tech companies fetch, non-tech companies have now become much more fluent in the language of tech company valuations; leading to some notable large- ticket transactions in the history of deal-making. -
QUARTERLY SUMMARY of RADIO LISTENING Survey Period Ending 22Nd June 2008
QUARTERLY SUMMARY OF RADIO LISTENING Survey Period Ending 22nd June 2008 PART 1 - UNITED KINGDOM (INCLUDING CHANNEL ISLANDS AND ISLE OF MAN) Adults aged 15 and over: population 50,735,000 Survey Weekly Reach Average Hours Total Hours Share in Period '000 % per head per listener '000 TSA % ALL RADIO Q 45117 89 20.0 22.5 1016681 100.0 ALL BBC Q 33323 66 11.1 16.9 564476 55.5 ALL BBC 15-44 Q 15362 61 8.0 13.1 201224 44.6 ALL BBC 45+ Q 17961 71 14.3 20.2 363252 64.3 All BBC Network Radio¹ Q 29611 58 9.2 15.8 467328 46.0 BBC Local/Regional Q 9504 19 1.9 10.2 97148 9.6 ALL COMMERCIAL Q 30984 61 8.5 13.9 431081 42.4 ALL COMMERCIAL 15-44 Q 17465 69 9.5 13.7 239533 53.1 ALL COMMERCIAL 45+ Q 13519 53 7.5 14.2 191547 33.9 All National Commercial¹ Q 13760 27 2.2 8.3 114002 11.2 All Local Commercial Q 24992 49 6.2 12.7 317079 31.2 Other Listening Q 2978 6 0.4 7.1 21124 2.1 Source: RAJAR/Ipsos MORI/RSMB ¹ See note on back cover. For survey periods and other definitions please see back cover. Embargoed until 7.00 am Enquires to: RAJAR, Paramount House, 162-170 Wardour Street, London W1F 8ZX 24th July 2008 Telephone: 020 7292 9040 Facsimile: 020 7292 9041 e mail: [email protected] Internet: www.rajar.co.uk ©Rajar 2008. -
Celebrating 40 Years of Commercial Radio With
01 Cover_v3_.27/06/1317:08Page1 CELEBRATING 40 YEARS OF COMMERCIAL RADIOWITHRADIOCENTRE OFCOMMERCIAL 40 YEARS CELEBRATING 01 9 776669 776136 03 Contents_v12_. 27/06/13 16:23 Page 1 40 YEARS OF MUSIC AND MIRTH CONTENTS 05. TIMELINE: t would be almost impossible to imagine A HISTORY OF Ia history of modern COMMERCIAL RADIO music without commercial radio - and FROM PRE-1973 TO vice-versa, of course. The impact of TODAY’S VERY privately-funded stations on pop, jazz, classical, soul, dance MODERN BUSINESS and many more genres has been nothing short of revolutionary, ever since the genome of commercial radio - the pirate 14. INTERVIEW: stations - moved in on the BBC’s territory in the 1960s, spurring Auntie to launch RADIOCENTRE’S Radio 1 and Radio 2 in hasty response. ANDREW HARRISON From that moment to this, independent radio in the UK has consistently supported ON THE ARQIVAS and exposed recording artists to the masses, despite a changing landscape for AND THE FUTURE broadcasters’ own businesses. “I’m delighted that Music Week 16. MUSIC: can be involved in celebrating the WHY COMMERCIAL RadioCentre’s Roll Of Honour” RADIO MATTERS Some say that the days of true ‘local-ness’ on the UK’s airwaves - regional radio for regional people, pioneered by 18. CHART: the likes of Les Ross and Alan Robson - are being superseded by all-powerful 40 UK NO.1 SINGLES national brands. If that’s true, support for the record industry remains reassuringly OVER 40 YEARS robust in both corners of the sector. I’m delighted that Music Week can be involved in celebrating the RadioCentre’s 22. -
Group Accounts 2014 FINAL
Registered no. 94531 Guardian Media Group plc 2014 Annual Report and Financial Statements FINAL Consol v4 Guardian Media Group plc Page 2 Registered no. 94531 Contents List of directors and advisers 3 Strategic report 4 Report of the directors 6 Independent auditors' report 7 Consolidated income statement 8 Consolidated statement of comprehensive income 8 Consolidated balance sheet 9 Consolidated statement of changes in equity 10 Consolidated statement of cash flows 10 Notes relating to the financial statements 11 Company financial statements of Guardian Media Group plc 30 Addresses 39 Guardian Media Group plc Page 3 Registered no. 94531 List of directors and advisers The directors of the Company who were in office during the year and up to the date of signing the financial statements were: Neil Berkett Nick Backhouse Judy Gibbons Brent Hoberman Andrew Miller Nigel Morris Alan Rusbridger Darren Singer Ronan Dunne (appointed 14 May 2013) John Paton (appointed 14 May 2013) Jennifer Duvalier (appointed 21 May 2014) Amelia Fawcett DBE (resigned 24 September 2013) Secretary Philip Tranter Independent auditors PricewaterhouseCoopers LLP Chartered Accountants and Statutory Auditors 1 Embankment Place London WC2N 6RH Solicitors Freshfields Bruckhaus Deringer LLP 65 Fleet Street London EC4Y 1HS Bankers The Royal Bank of Scotland Group Division of Large Corporate Banking 280 Bishopsgate London EC2M 4RB Guardian Media Group plc Page 4 Registered no. 94531 Strategic report The directors present their strategic report, the report of the directors and the audited consolidated financial statements for the Group, comprising the Guardian Media Group plc (the “Company”) and its subsidiaries, joint ventures and associate investments (“the Group”), for the year ended 30 March 2014. -
By Global Radio
Annexes to the report on the Global Radio/GMG Radio public interest test Report on public interest test on the acquisition of Guardian Media Group’s radio stations (Real and Smooth) by Global Radio ANNEXES 0 Annexes to the report on the Global Radio/GMG Radio public interest test Contents 1 Annex 1: Glossary Annex 2: Summary of stakeholder representations 2 Annex 3: Information received from OFT Annex 4: Area by area analysis 1 Annexes to the report on the Global Radio/GMG Radio public interest test Annex 1 3 Glossary BARB Broadcasters Audience Research Board. The pan-industry body that measures television viewing. Broadband A service or connection generally defined as being ‘always on’ and providing a bandwidth greater than narrowband. Communications Act Communications Act 2003, which came into force in July 2003. ‘Connected’ TV A television that is broadband-enabled to allow viewers to access internet content. DAB Digital audio broadcasting. A set of internationally-accepted standards for the technology by which terrestrial digital radio multiplex services are broadcast in the UK. DCMS Department for Culture, Media and Sport Digital switchover The process of switching over the analogue television or radio broadcasting system to digital. DTT Digital terrestrial television. The television technology that carries the Freeview service. First-run acquisitions A ready-made programme bought by a broadcaster from another rights holder and broadcast for the first time in the UK during the reference year. First-run originations Programmes commissioned by or for a licensed public service channel with a view to their first showing on television in the United Kingdom in the reference year.