Radio company UBC Media has recorded a 19.8% year on year increase in revenues for the first quarter to the end of June.
UBC said that a 30% year on year increase in revenues from radio advertising as underlying its strong performance.
Chairman John Hodson said that UBC had made an “encouraging start to the new financial year and is performing in line with expectations”, adding “In particular our radio advertising business traded strongly … although the radio advertising market remains volatile”.
UBC also said that it was making good progress with its Cliq service, to be launched later this year, which allows listeners to buy songs as they hear them on the radio.
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