19/11/2009
Recession Hits Regional TV Revenue
UTV, the Belfast-based media group, has said the recession is continuing to hit its business.
A statement covering the 10 months to the end of October 2009 has reported that revenues are down 8%, compared to the same period last year.
The decline was greatest at its TV business where revenues fell by 21%. The company said the rate of decline is now easing and it expects profits for 2009 to be broadly in line with market expectations and added that advertising bookings remain "extremely short-term" which means the company is cautious about its prospects for 2010.
It is working on the assumption that general weakness in advertising revenues will be mitigated by an advertising boost at its TalkSport and Sport magazine businesses, due to the 2010 World Cup.
(BMcC/KMcA)
A statement covering the 10 months to the end of October 2009 has reported that revenues are down 8%, compared to the same period last year.
The decline was greatest at its TV business where revenues fell by 21%. The company said the rate of decline is now easing and it expects profits for 2009 to be broadly in line with market expectations and added that advertising bookings remain "extremely short-term" which means the company is cautious about its prospects for 2010.
It is working on the assumption that general weakness in advertising revenues will be mitigated by an advertising boost at its TalkSport and Sport magazine businesses, due to the 2010 World Cup.
(BMcC/KMcA)
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07 January 2011
Company Administrations Decline
The total number of companies falling into administration in 2010 declined 35% from 3,188 in 2009 to 2,086, according to research by Deloitte, the business advisory firm. The last quarter of 2010 saw a decline of 6% on the previous quarter, with a total of 438 companies falling into administration compared with 467 in Q310.
Company Administrations Decline
The total number of companies falling into administration in 2010 declined 35% from 3,188 in 2009 to 2,086, according to research by Deloitte, the business advisory firm. The last quarter of 2010 saw a decline of 6% on the previous quarter, with a total of 438 companies falling into administration compared with 467 in Q310.
15 September 2009
Tele Gets Big Print Deal
An iconic local newspaper is to become one of Europe's biggest producers of daily titles. Deals worth £40m will mean the loss-making Belfast Telegraph can now be more confident about its future.
Tele Gets Big Print Deal
An iconic local newspaper is to become one of Europe's biggest producers of daily titles. Deals worth £40m will mean the loss-making Belfast Telegraph can now be more confident about its future.
12 August 2011
Job Seekers' Claims On The Rise
The number of people claiming benefits for being out of work is on the rise. The latest statistical reports entitled 'Jobseeker's Allowance Summary of Statistics' were published today by the Department for Social Development.
Job Seekers' Claims On The Rise
The number of people claiming benefits for being out of work is on the rise. The latest statistical reports entitled 'Jobseeker's Allowance Summary of Statistics' were published today by the Department for Social Development.
28 November 2001
Granada profits fall due to advertising revenue drop
Granada’s profits have dropped sharply due to a slump in advertising revenues. The company’s profits before taxes during the year to September fell by 27 per cent to £236 million, while losses at ITV Digital soared by 26 per cent to £234 million.
Granada profits fall due to advertising revenue drop
Granada’s profits have dropped sharply due to a slump in advertising revenues. The company’s profits before taxes during the year to September fell by 27 per cent to £236 million, while losses at ITV Digital soared by 26 per cent to £234 million.
22 March 2010
Irish Jobs Focus Published
A new report highlighting proposals to create jobs for Irish people has been published. Jobs and Growth 2010 was launched by the Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan, last week. She insisted that Ireland is well positioned for growth as new opportunities present in key export markets.
Irish Jobs Focus Published
A new report highlighting proposals to create jobs for Irish people has been published. Jobs and Growth 2010 was launched by the Tánaiste and Minister for Enterprise, Trade and Employment, Mary Coughlan, last week. She insisted that Ireland is well positioned for growth as new opportunities present in key export markets.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.