The number of media companies going bust in the UK fell by 14% year on year in the second quarter, according to the latest data from business solutions company Experian.
In the media sector, 132 companies failed during Q2, down from 154 for the same period in 2002. Across the whole of the first half, however, the figure was up by 4.9%, from 284 failures last year to 298 this time.