Abstracts » Business

Improved sound

Article Abstract:

Golden Rose is a radio broadcaster operating in Manchester and London, England, which should benefit from an injection of 3 million pounds sterling from Clear Channel. Clear Channel is also selling advertising time, and has experience of this activity in the US. The Clear Channel investment should be enough until Golden Rose begins to generate cash as a result of operations. New jazz CD compilation releases are also planned through jazzfm Records. The company's stockholders should see benefits from recent developments in the 1999-2000 FY.

Radio Stations, FM Radio Stations

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Time to retune

Article Abstract:

Scottish Radio faces uncertainty over its application for a licenses and speculation of a takeover. The company has increased its market share in competition with Radio Clyde and commercial radio is increasing its stake in the UK advertising market. The company's turnover rose to record levels for 1st qtr 1995, and it has cash reserves but could be affected by the Radio Authority's control of licenses. The shares may also be affected by changes in takeover expectations, and investors are advised to sell in Mar 1995.

Scottish Radio plc

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Golden Rose: on the sunny side of the street

Article Abstract:

Golden Rose Communications has seen a drop in its share price, although the company's Jazz FM stations are performing well, and Viva, a problem business, has been disposed of. Advertising revenues are increasing as listener hours improve for Jaz FM franchises. The company is forecast to make a loss of 700,000 pounds sterling for 1996 to 1997 by Henry Cook Lumsden, which forecasts a profit of 400,000 pounds for the following year.

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