UK Digital TV Forecasts
This note provides our forecast for the number of UK households able to receive extra television through satellite, cable and terrestrial multi-channel platforms. Though Sky’s performance has been strong this year, subscriber growth has been largely at the expense of cable and digital terrestrial. We expect this pattern – Sky outperformance within a slowly growing multi-channel universe – to continue. We are pessimistic about the prospects for Freeview, the BBC’s new digital terrestrial platform. |
Media |
November 2002 Access this report
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UK consumer magazines: threat of downward spiral
Core female readers appear to be leaving the consumer magazine market, or at least not purchasing multiple titles to the degree they have done in the past, raising concerns that the scale of the industry is starting to spiral downwards
Men’s titles continue to fall and titles targeted at young readers are in freefall as these demos drift online for content and social network services, or in some cases adopt more adult titles from a younger age |
Media, Press |
August 2009 Access this report
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UK consumer magazines: the digital dimension
This second report on UK consumer magazines considers the strategic positioning of leading publishers in terms of their print portfolio and the digital opportunities. We believe further consolidation print assets is inevitable during the next few years. Additionally, publishers are launching fewer, or at least generally smaller products, and a widespread shift to a subscription model remains a distant prospect for most publishers. |
Media, Press |
October 2011 Access this report
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UK consumer magazines: sector update
This comprehensive, 52 slide report provides detailed analysis of the UK print consumer magazine sector in terms of circulation and consumer and advertiser expenditure
Circulation decline has drifted from important, but non-core, male and teen readers, to young, lower and middle income, female readers, with UK paid circulation decline accelerating, down 9% year-on-year in 2012 compared to 6% in 2011 |
Media, Press |
May 2013 Access this report
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UK consumer magazines: (some) loss of gloss
This report on UK consumer magazines charts the ongoing pressures on the sector: circulation of paid titles in H1 2011 of 445m copies was down 5% year-on-year, and down more than 20% in relation to the 562m copies sold in H1 2006. When the closure of Sky's titles is factored in, the year-on-year decline of both free and paid copies is 15% |
Media, Press |
October 2011 Access this report
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UK Consumer Magazines
The UK consumer magazines business has shown steady growth and stable profitability, though some individual participants have suffered from failed attempts at international expansion. The industry has overcome the advertising recession very successfully so far. This is partly because only 30% of revenue is derived from advertising, but also because page rates have continued to be firm. Though profit margins are currently lower than regional newspapers, the sector shows considerable scope for improved returns. |
Media |
October 2002 Access this report
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UK consumer e-commerce trends
Our first report on UK consumer e-commerce covers the largest e-tailing market in Europe. Although the share of e-commerce in UK retail sales is just below 10%, the influence of online is much wider, including reducing shop trips (along with superstore and mall development), which rising fuel costs are bound to intensify as a trend. In the context of the consumer recession that started in Q4 2010, bargain-hunting online has again become a more important driver of consumer interest in consumer e-commerce. |
Media, Internet |
July 2011 Access this report
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UK Competition Commission Investigation Update
In January the UK Competition Commission (CC) is expected to issue its report on the pricing of mobile termination rates, an issue that was referred to it by Oftel after the UK operators rejected Oftel's initial decision. In this note we speculate on the likely contents of the report, and the impact on the UK mobile industry. |
Media |
December 2002 Access this report
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UK commercial radio: sector update
This report provides an update on the UK commercial radio sector, covering listening trends, digital platforms, group strategies and advertising expenditure. |
Media, Music and Radio |
May 2013 Access this report
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UK commercial radio – advertisers tuning in
In this report we present our latest analysis of the UK commercial radio sector. Impressive listening figures for the first half of 2011 should help commercial radio listening to increase by 3.2% in 2011, following a similar improvement last year. The advertising outlook is also promising: despite the retreat of the COI, we expect advertising revenues to grow by 3.0% in 2011, backed by a strong Q3. The shift towards branded networks should reduce operating costs and make it easier for advertisers to invest in radio, building on sales house consolidation in the late 2000s. |
Media, Music and Radio |
September 2011 Access this report
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UK commercial radio update 2011
After a bounceback of 3% in commercial radio consumption in 2010, we forecast a return to the long term trend of decline, at an average rate of around 1.2% a year, as young people increasingly turn to other music listening options
We forecast revenue growth in 2010 of +3.8% for 2010, despite the collapse of COI money, due to stronger private sector appetite for radio as an advertising medium
The removal of localness requirements and liberalisation of product placement rules should help improve the operating model of large industry groups like Global |
Media, Music and Radio |
February 2011 Access this report
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UK Commercial Radio Update
This report updates our ongoing coverage of the UK commercial radio sector (UK Commercial Radio Q2 2008 [2008-84]), and includes our latest revenue forecasts for the period 2009-2013 (Table 1) |
Media, Music and Radio |
March 2009 Access this report
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UK Commercial Radio Q4 2007
UK commercial radio revenues increased by 7.1% in Q4 2007 year-on-year, driven by strong growth from national advertisers, while full-year 2007 revenues increased by 2.8% to £598.2 million |
Media, Music and Radio |
March 2008 Access this report
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UK Commercial Radio Q2 2008
UK commercial radio revenues fell by 10.2% in Q2 2008 year-on-year to £134.2 million, the sector’s lowest quarter since 2000. In Q3 2008, commercial radio revenues are expected to be down 9% year-on-year as advertisers, particularly those in the finance and food sectors, continue to respond to the economic gloom by cutting their radio marketing budgets |
Media, Music and Radio |
September 2008 Access this report
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UK Commercial Radio Q1 2008
UK commercial radio revenues increased by 6.7% in Q1 2008 year-on-year, resulting in four consecutive quarters of growth for the first time since 2004 |
Media, Music and Radio |
June 2008 Access this report
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UK Commercial Radio Consolidation
Further consolidation could lie ahead for the UK commercial radio sector. EMAP is expected to offer its radio assets for sale and Scottish Media Group plans to divest Virgin Radio. The battleground is competition for listeners drawn by the BBC's increasingly popular national radio networks. This report however examines past consolidation, which produced substantial cost savings, without noticeably improving the commercial sector's fortunes. In our view, for consolidation to succeed in this regard, much greater attention will need to be paid to improving content |
Media, Music and Radio |
September 2007 Access this report
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UK Commercial Radio
The liberalised ownership provisions in the Communications Act 2003 have facilitated consolidation of the commercial radio sector in the past year. Two top-tier groups have emerged in GCap Media and Emap, following its acquisition of Scottish Radio Holdings. The pressures for consolidation have become more acute in the past year due to the structural problems of the commercial radio sector and the advertising downturn. |
Media |
October 2005 Access this report
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UK Commercial Radio
Modest progress has been made towards consolidation in commercial radio since we last reported on the issue in mid-2003. Although the new Communications Act has liberalised the ownership rules, the potential blocking role of the Competition Commission continues to be a restraining factor in the wake of the Galaxy/Vibe ruling. That ruling found that anti-competitive outcomes could emerge even if the ownership rules were respected and it has had a chilling effect on M&A activity. |
Media |
April 2004 Access this report
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UK Commercial Radio
The Communications Act heralds a brave new world for commercial radio... or does it? Although newly relaxed media ownership rules vastly increase the scope for consolidation, the competition authorities have already shown they will curb excessive concentrations of advertising selling power. |
Media |
July 2003 Access this report
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UK classifieds overview and recruitment outlook
Since the onset of the recession in 2008-09, the revenues and profitability of the recruiters, auto dealers and estate agents which purchase print and online advertising media have been impaired by lower transaction volumes, putting pressure on advertising budgets. New digital marketing and communications requirements have further claimed budgets previously allocated to print, which will continue to decline in absolute and relative terms |
Media, Press, Internet |
October 2012 Access this report
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