UKTV revenues grow but profits drop

UKTV has reported an increase in revenues, but heavy investment in content, new channels and digital services caused a fall in overall profit. The channel operator notched full-year sales of £278 million (€350 million) in Fy2013, compared with £262 million a year earlier. EBITDA profit was £66.2 million, down on the £71.5 million registered a […]

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