Choose speciality channel:   Choose sector channel:     Search the site

Industry Research


MG OMD Media Marketplace. Radio overview

MG OMD Media Marketplace. Radio overview

Manning Gottlieb OMD’s latest expert industry insight

The commercial radio market is going into a very busy Easter period, especially across the core heritage stations.

Overall spends for January are up around £2m year on year to £48.5m, driven mainly by increased COI spend, the motor industry and also retail advertisers.

In February Fru Hazlitt (Chief Exec, GCap Media) shared her plans designed to reverse GCap’s fortunes and to persuade shareholders to reject a second bid from riva l group Global Radio, fronted by former ITV chief Charles Allen.

Hazlitt’s cost cutting plans include:

- Withdrawal from DAB in favour of FM and broadband

- Distribution platforms, including the sale of GCap’s stake in the Digital One multiplex

- The closure of two of their best performing digital stations, Planet Rock and the Jazz

- The sale of the regional Xfm stations in South Wales, Scotland and Manchester

- Reversal of Capital Radio’s 2 ads in a row policy in favour of a flexible supply capped at 9 mins per hour

The city’s Takeover Panel set a deadline of March 5 for Global to make a further offer, after which they would have to stand down for 6 months. By March 4, Global made what they refer to as a final proposal at 225p per share, valuing the company at £371m.

The offer has come in at the upper end of what analysts expected and may just convince shareholders that it offers them better value than Hazlitt’s cost cutting plans.

The problem with the latter is that it feels more like crisis management rather than a profitable long-term strategy, and major shareholders DMGT and Schroders’ commitment will now be put to the test now as we wait to see whether Global’s latest offer is sufficient to sway them, or whether they are going to hold out in the hope of a return to the heady days of their initial investment when they bought into Capital or GWR as was at over 500p per share.

Should Global be successful in this bid we will see the first radio super-group, taking almost 50% of radio revenues.

A potential consequence of the move is that it may prompt GMG Radio to re-think their sales arrangements, having only just switched these from Global into GCap.


can i take antabuse and naltrexone can i take antabuse and naltrexone can i take antabuse and naltrexone
how much is the abortion pill where can i get an abortion pill
after abortion is abortion legal abortions clinics
national abortion federation missed abortion how much for an abortion
discount prescriptions coupons printable coupons for cialis
abortion pics after an abortion abortion laws by state
discount drug coupon open coupons prescriptions
cialis free sample coupons click pet prescription discount card
abortion arguments online coupons free
cialis coupons from lilly discount prescription drug cards free coupon for cialis
discounts and coupons health risks of abortion when is it too late to have an abortion
bystolic generic bystolic discount card generic for bystolic
bystolic forest patient assistance
prescription discount coupons drug coupon card coupons for drugs
abortion questions when is it to late to get an abortion
progesterone levels 26 7 wks progesterone levels 26 7 wks progesterone levels 26 7 wks
lisinopril side effects and warnings lisinopril side effects and warnings lisinopril side effects and warnings
abortion clinics in birmingham how to get an abortion pill
forest laboratories patient assistance read forest patient assistance
linzess patient assistance linzess patient assistance
sumatriptan 100 mg sumatriptan 100 mg sumatriptan 100 mg
bystolic manufacturer coupon site bystolic coupon 2014
manufacturer coupons for prescription drugs cialis coupon codes coupons cialis
lilly coupons for cialis free prescription cards
how much for an abortion click define abortion
coupons for cialis printable cialis coupon 2015 coupon
price of abortion pill abortion pill recovery buy abortion pill
how late can you get an abortion pill average cost of an abortion pill abortion options
duphaston duphaston forum
duphaston 10 mg duphaston forum duphaston iskustva
amoxicillin dermani haqqinda amoxicillin amoxicillin 1000 mg
generic naltrexone site naltrexone for anxiety
naloxone challenge test go buy naltrexone online
vivitrol canada site vivitrol shot side effects

Check out 12ahead, our brand new platform covering the latest in cutting-edge digital marketing and creative technology from around the globe.

12ahead identifies emerging trends and helps you to understand how they can apply to modern-day companies.

We believe 12ahead can put you and your business 12 months ahead of the competition. Sign up for a free trial today.