TalkSport to offset TV revenue slowdown at UTV

UTV Media expects increased revenues at national radio station TalkSport to mitigate a slowdown in TV ad revenue in the last two months of 2011, in another note of caution for the TV ad market.

TalkSport: UTV Media radio station
TalkSport: UTV Media radio station

In an interim management statement UTV Media reported revenue for the 10 months to 31 October at its Radio GB division, which operates national speech station TalkSport and 14 local radio licences, increased by 5% year on year.

UTV Media said the increase compares with a market decline of 2%. However, figures from the Radio Advertising Bureau suggest the radio ad market actually increased by 2.6%.

UTV operates the channel three licence in Northern Ireland and today said its TV revenue increased by 1% year on year in the 10 months to 31 October, which UTV Media said was in line with the ITV network.

However, UTV said it anticipates its TV division will experience a year-on-year revenue decline of 7% in the two month period of November and December.

Yesterday STV, the channel three operator in Scotland, announced national ad revenues declined by 4% in the third quarter of 2011 and said it expected its national revenues in November and December to be behind the market.

On Monday ITV said it expects its net ad revenue to decrease by 2% year on year in the fourth quarter due to a decline of less than 1% in October and forecast declines of 3% in November and around 10% in December.

However, media agencies sources suggest ITV is likely to outperform the market on the back of shows such as 'The X Factor' and 'I'm a Celebrity… Get Me Out of Here' and fourth quarter revenues could be flat compared with 2010.

In its statement today UTV Media said: "The economic environment continues to bring uncertainty and volatility to the airtime market with visibility remaining very limited."

In UTV Media's new media division revenue increased by 1% in the 10 months to 31 October compared with the same period in 2010 and UTV Media said this trend is expected to continue in November and December.

Follow Maisie McCabe on Twitter @MaisieMcCabe

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Waitrose boosts content strategy with 'Weekend Kitchen with Waitrose' C4 tie-up

Waitrose boosts content strategy with 'Weekend Kitchen with Waitrose' C4 tie-up

Waitrose has joined forces with Channel 4 and produced a Saturday morning lifestyle and cookery programme called 'Weekend Kitchen with Waitrose', with TV presenters Lisa Snowdon and Steve Jones signed up to front it.

Share
Newspaper ABCs: Guardian smashes through 100m browsers in March 2014

Newspaper ABCs: Guardian smashes through 100m browsers in March 2014

The Guardian reached more than 100 million monthly unique browsers for the first time in March, according to Audit Bureau of Circulations figures published today.

Share
Toyota achieves the impossible by calming angry Roman drivers

Toyota achieves the impossible by calming angry Roman drivers

Italians swearing and shouting while sitting behind the wheels of their cars and negotiating the busy streets of Rome could become a thing of the past if they all start driving Toyota's Hybrid vehicles, implies a short film for the car brand.

Share

Get news by email