UTV, owner of talkSPORT, has reported group revenue growth of 6% in the first ten months of the year.
Its UTV ITV franchise for Northern Ireland saw a 6% fall in revenue year on year for the period and the company forecast a further 10% fall in November and December.
UTV splits its radio operations into Radio Ireland and GB Radio. GB Radio’s performance was flat year on year in the first 10 months, compared with a market down about 10% and said it believed it could maintain this in November and December.
The Irish radio operation had year-on-year growth of 50% in the first 10 months of 2008 due to significant gains from acquisitions and currency effects, with actual like-for-like growth of 3%.
In November and December UTV is forecasting “broadly flat” revenues for its Irish radio business.
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