UBC Media invests in digital download service

LONDON - UBC Media, the programming, content and digital radio company, has invested £1.6m in ‘Cliq', its new digital download service, according to the company's financial results released today.

Cliq will allow radio stations to offer music for instant download at the press of a button, as the song is playing, providing the company with a further revenue stream.

UBC has spent the last year developing technology and has poured £1.6m into the service, which has been transmitting live, 24-hours a day, since March on Heart in London.

The service has previously only been available on Virgin Media's ‘Lobster' digital radio enabled mobile phone but UBC has today also announced an agreement with Imagination Technologies to incorporate Cliq on a variety of its forthcoming digital radios, including a new generation of radios that will be Wi-Fi enabled.

Elsewhere UBC Media has reported an overall decline in revenues of 9.31% to £17.63m in the year to 31 March 2007, though its digital software operation saw a rise in revenue of 31.51% to £1.06m.

 



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