Sponsored by
Talk 107 on course to break even as major shake-up helps to slash losses
TALK 107, the Edinburgh all-talk radio station, is in line to break even by the end of next year, its owner said today.
In a half-year report, Northern Irish firm UTV Media said losses at the firm reduced from 900,000 in the first half of last year to 600,000 for the first six months of 2008.
The improved performance comes after an April reshuffle that saw big-name presenter Tommy Sheridan axed. Fellow presenters Mike Graham, Susan Morrison and Scottie McClue were also ditched in the shake-up.
Overall, UTV Media increased its pre-tax profits by 12 per cent to 10.4 million. Radio operating profits were up by 31 per cent to 9m and revenues jumped 15 per cent from 31.5m in 2007 to 36.4m.
UTV chief executive John McCann said: "Good news stories about media companies are rare at the moment. However, the group is pleased to announce significant growth in both turnover and pre-tax profits."
Email to a friend
Print this page- Rangers takeover: Duff & Phelps threaten legal action against BBC
- Family mourn death of Glasgow ‘fight’ schoolboy
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Rangers administration: Fans fear Duff & Phelps claims could scare off Green
- Rangers takeover: triple penalty punishment enough, says Johnston
- Alistair Darling leads ‘No to independence’ fight over tea and biscuits
- Scottish independence: SNP flip-flops over Nato
- Scottish Independence: SNP ‘won’t be Yes campaign’s only voice’
- Today’s youth not fit to be employed, says car firm Arnold Clark
- Scottish independence: ‘People here are best qualified to run Scotland’
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Saturday 26 May 2012
Today
Sunny
Temperature: 9 C to 20 C
Wind Speed: 16 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 12 C to 22 C
Wind Speed: 10 mph
Wind direction: North east
