LSE News Service Embraces Webcasting

Beginning of article

Byline: Melanie Wold

Webcasting, or using multimedia on the internet, is set to become a more popular way to disseminate announcements by listed companies, according to the London Stock Exchange's Regulatory News Service (RNS).RNS has launched its own webcasting service for LSE members to broadcast their company news.

Simon Wilkinson, head of RNS, says: "We are webcasting to a larger audience. At the end of last year 60% of the FTSE 100 companies were using webcasting, and 30% of the FTSE 250."

The drive toward webcasting may be a result of the fall in the number of analysts available to cover company announcements, says Wilkinson. "There are fewer analysts …