Daily Press Summary

Daily Press Summary | Friday 26 April 2024

Commercial radio growth shows ‘changing perception’ of audio
Commercial radio has had a “positive” start to the year with 5.2% growth in Q1, according to new figures.
The Media Leader

Meta’s ad billings propel 27% revenue surge
The tech giant has more than doubled its revenue from AI-powered ad tools. However, it expects lower revenue for the second quarter.
Campaign (£)

TikTok reward-to-watch feature suspended after EU threats to block it
Service suspended in France and Spain amid safety and addiction concerns among children, in first use of new digital laws.
The Guardian

Hits Radio Live Liverpool 2024 line up of artists revealed
Artists set to perform at Hits Radio Live: Liverpool at the city’s M&S Bank Arena include Becky Hill, Cian Ducrot and Rag N Bone Man.
On The Radio

Google accused of making it harder to search for rival
Google has been accused of taking advantage of its market dominance to make it harder to search for a rival email service.
BBC News

Sainsbury’s profits soar as retailer ‘leans into loyalty’
Sainsbury’s has seen a strong performance in its full year profits for the 12-month period ending 2 March 2024, thanks to a boost in food sales and a “relentless investment in price”.
Marketing Beat

Ad industry must act on ‘social progress recession’
“After a year of steady growth, the world has fallen into a social progress recession.”
The Media Leader

Data: Just 3 seconds of OOH attention can improve results by 26%
New findings from a study looking into the impact of OOH on attention reveal that participants’ attention increased with each exposure to a specific ad.
Marketing Beat

Boom Radio goes Motown for Mayday with Jenni Murray
Boom Radio is marking 60 years of Motown with a special tribute on Bank Holiday Monday 6th May.
Radio Today

Signed up for our next Tuning In event yet?
Tuning In North is taking place on 4th June at Manchester’s Bridgewater Hall, tickets are limited so secure yours now.
Radiocentre