Tues, 26 August 2008

Strong radio boosts UTV profits
UTV has reported a revenue rise of 8% in the first half of 2008, with a 4% decline in TV ad income offset by solid growth from radio, led by TalkSport. UTV saw pre-tax profit rise by 12% year on year to £10.4m, with operating profits up 32% year on year to £9.9m.
Source: Media Guardian

More from Belfast Telegraph:
Strong performance by UTV as profits hit £10.4m
UTV Media has posted a 12% increase in pre-tax profits to £10.4m before exceptional items for the six months to the end of June.

TV advertising gloom set to continue

Hopes that TV advertising revenue would bounce back from a dire September are fading, with media buying agency sources predicting that ITV1 could face a second consecutive month of double-digit percentage year-on-year decline in October.
Source: Media Guardian

Facebook cuts off Scrabulous after legal complaint
Already blocked from Facebook users in the United States and Canada, "Scrabulous" — the online imitation of the popular Scrabble board game — has been yanked by Facebook in all other countries except India in response to a copyright tussle over the game.
Source: Mercury News