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UTV MEDIA IS reporting a ten per cent drop in revenue in its latest six monthly statement, with group revenue of €64.18 million recorded, down from €71.62 million in 2012. Irish radio revenue is down by 12 per cent.
The company — which owns six Irish radio stations as well as UTV TV and a number of UK radio stations and websites — says it has been a “challenging” year to date, but it expects things to pick up by the start of 2014.
Pre-tax profits of €7.1 million were recorded for the six months up to the end of June this year (compared to €12.4 million last year), with a group operating profit of €9.1 million (€14.2 in 2012).
“In Ireland, the radio advertising market continued to be difficult throughout the first six months of 2013,” UTV Chairman Richard Huntingford said.
“Over the last few years, our very strong audience delivery in the key urban areas has enabled us to consistently outperform the market, which is estimated to be down by as much as 15% in the six months to 30 June 2013.
“We again outperformed the market, with our Irish Radio revenue down by 12% in local currency and by 10% in sterling to £9.8m (2012: £10.8m).
“With costs held at last year’s level, operating profit in our Irish Radio division was £2.1m (2012: £3.1m).
Regarding future prospects for the sector, Huntingford said there was a further slip in August but that “September is forecast to move into healthy growth and, after adjusting for FX [Foreign Exchange], our revenue is expected to be up by 5% in the third quarter”.
The group is also forecasting a rise in its prospects in the British market, with national station talkSPORT’s ad revenue expected to receive a boost as a result of next summer’s World Cup finals.
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Ffs I had him in me fantasy football team, now I have to youse one of me subs.
@Trevor croft: ever heard of a transfer/wildcard ?
For one player????
@Trevor croft: you get a free transfer ever week, no point deductions etc…
@Jordan Callaghan: did he ever hear of use..
@Trevor croft:
The wheels are coming off…
@Jordan Callaghan: wildcard he says. Some lads clearly aren’t cut out for top level management
@Robbie Patterson: *use
Sorry Mr perfectionist
@Trevor croft: happy days, time to promote jesus to captain…
Big blow for City with a big game at the Bridge Sunday. Christ almighty is gonna have to lead the line himself.
@Nollaig Elliot: 5.30 Saturday actually. Bit unprofessional to be banging prostitutes in the Dam 2 nights before a big game. 3 is fair enough.
@Nollaig Elliot:
Clever comment and Christ was rested last week too so he will be raring to go
@Nick Allen: That’s probably why it’s a Saturday game, Christ won’t play on a Sunday.
@Nollaig Elliot: good player but not great with crosses
@Nollaig Elliot: Surprised that Pep would have permitted Aguero to attend a concert outside the UK on Thursday. City only played on Tuesday night and a really big game with Chelsea coming up tomorrow evening, the schedule is very tight. I could understand players being given a day or two off but not to travel abroad.
@Sloop John G: Flight is only an hour or so Sloop. Probably over and back same day job. But I see your point. He’s confident obviously.
@David Carino: hahaha
@David: Wayne Rooney was driving, off his head and he after banging a loada grannies
@Eamo Hansen: and playing at Goodison Park the same time . Some man
@Eamo Hansen: not 2 days before a game he wasn’t.
Are those his trousers post or pre crash? jaysis
@Dreyfus: you can’t mention that apparently, I made a valid point that he would miss a few weeks and questioned basically what they were wearing in jest and it was removed.
@Johnny Bravo: no you didn’t you made an offensive derogatory comment that isn’t acceptable these days you should be ashamed
@Jamie: what did I say Alan ?
@Johnny Bravo: Whaaaa…… Time to move fm this Lefty Leaning PC site. They love their safe spaces here. There appears to be no consistency in their pulling posts. Bit like FB really.
@Jamie: yea answer his question
@Jamie: Thats him a complete offensive child. Also deluded.
@powerfix: Oh shut up johnny M2
@Johnny Bravo: I’m
@Johnny Bravo: I’m not going to repeat it why would I? It will only get deleted again and rightly so comments like that have no place in a modern society
@Mrs. Nugent: nice photo your you and your mom there btw
@Jamie: you do know that most here read the comment before it was removed and now your making a fool of yourself again Alan. Please keep it up
@Johnny Bravo: You should no better Bravo. Plenty of brigaders to offend around here. It’s 2017 man. You just can’t say anything now.
@Nollaig Elliot: know*
@Nollaig Elliot: you know from the abuse I get here I’m not easily offended but what Bravo said was a horrible horrible thing to say
@Johnny Bravo: Johnny he hasn’t a clue probably what you said he just shitstirring again
@Nucky: it’s along the lines of they were dressed like ……… I’m not going to repeat it
@Nollaig Elliot: not even a quick “aguero hit the post” jibe ?
@Nucky: I’m well aware of it Nucky man ( no pun intended lol) and the more he posts the bigger the hole of stupidity he’s digging.
@Dreyfus: sure they’re all the rage, don’t u know…grown men wearing their 15 year old sisters trousers and runners and forgetting to put on socks.
@Jamie: I wasn’t referring to you boss at all. You’re thick skinned, I know. I actually thought you were taking the piss. I personally didn’t see anything offensive in what he said but that’s only my opinion. Each to their own.
“Dear sir, I write this note to you, to tell you of my plight.
And at the time of writing, I am not a pretty sight.”
Hey cinan. This is unrelated to this article but seeing as the 42 like to write about pretty much anything that sometimes looks like ye are scratching for articles. Celtic are wearing a special jersey this weekend to commemorate the great famine this country suffered . Surely that deserves a mention. Think I remember slot of articles before relating to some pram star not bring wished happy birthday. Just wondering how he prioritise what deserves a mention
@domas1507: I’m sure they’re planning on doing it closer to the game.Anyway is it not a bit early for Celtic supporters to be up
@Jamie: never said I was a Celtic supporter. I’m not really a soccer supporter as such, Just someone that watches it out if interest with no real passion for it. I saw an article a couple of days ago about the gesture Celtic were making and was surprised it wasn’t picked up by the 42. In answer to your question, I have no idea what time Celtic suporters get up
@domas1507: Was there a famine in Scotland?
@iMoan Brutal: a team not from this country makes a lovely solidarity gesture gesture In recognition of an event that had a huge impact on this country and that’s your comment?.If Notre dame fighting irish made the same gesture would you be asking if there was a famine in America. I guess premiership supporters aren’t very early risers either
@iMoan Brutal: yes there was. And evictions and land clearances.
“They just handed the initiative to Liverpool.”
Must be the dumbest comment I have ever seen on the journal. Liverpool are not even at the races this year and will not be competing with City, or Utd or Chelsea for the title. But hey, I admire your dedication to your football team
Cianan why was my comment removed
@Johnny Bravo: I cant believe you actually asked that question are you really that ignorant as to why it was removed?
@Jamie: not at all and the truth has been set free
Out for two months. Mendy and Aguero long term injuries, big test for City now.
Sugar-that’s probably me gone in “Last man standing at Paddy Powers.
an absolute gent – on and off the pitch.
Only took him out of my fantasy football 2 nights ago. Hmmmed and hawwwed about it for hours. Terrible shame, lethal and a joy to watch. City were motoring. They just handed the initiative to Liverpool. Y.N.W.A
@Mrs. Nugent: ye would want to buy a few defenders or ye will be walking alone-down the table.
@Mrs. Nugent: who’s they ??? Are you referring to your buddies in the tinfoil hats again? Thought ‘they’ didn’t exist according to you last week
@Mrs. Nugent: Despite our differences, I really enjoy your sense of humour.
@Mrs. Nugent: eh if it takes something like this for Liverpool to take the initiative , then that only confirms how far off they are from being a team of title contenders , idiotic comment
Foook..I have to allocate some more time later to decide on transfers… someone in my Fantasy Football team is not gonna be happy come 1130am tom!
Sore ribs are a killer. Poor fella.
@Sean: I don’t think anyone has ever died from sore ribs
@Jamie: Plenty have missed football matches though
@Jamie: hahahaah
@Marcas Ó Callanáin: yes but he said sore ribs are a killer
@Marcas Ó Callanáin: have you ever heard of anyone dying from sore ribs
@Jamie: are you willing to test out that theory
@Buddy Bud: yep are you willing to be the test Dummy
just goes to show you, when you do the right thing and get a taxi home and just cheat death vs driving some model home in her vw beetle locked out of your bin while your wife is away on her 6th holiday.
@Andrew Mockler: I don’t know Firmino was married
@powerfix: *didn’t
Cratúr
Pep must be tearin his hair out
A taxi driver drove into a lamppost.. Almost feels like buying a jigsaw puzzle where only the border pieces are given.
U have to wonder why he was at a concert in holland 2 days before a premiership game – know u have to have a life and all but concert in another country 2 days before a game – anything could happen aside from a crash
@The Red Devil: He is lucky Davey Fitz is not his manager..he would be dropped from the panel!
Poor soul
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