The latest media company to be suffering from the advertising downturn, Ulster TV has reported a fall of 4.9% in income from ads and sponsorship, year-on-year.
The latest media company to be suffering from the advertising downturn, Ulster TV has reported a fall of 4.9% in income from ads and sponsorship, year-on-year.
But the group said that it is budgeting for a return in ad growth next year -- despite the predictions of other industry sources that the market will remain flat.
But the group said that it is budgeting for a return in ad growth next year -- despite the predictions of other industry sources that the market will remain flat.
It reported a slight increase in group turnover -- up by 2.5% from £20.4m to £20.9m. The group expects its radio operations to increase profits over the second half of the year, and also predicts its internet operations to be profitable by year end.
It reported a slight increase in group turnover -- up by 2.5% from £20.4m to £20.9m. The group expects its radio operations to increase profits over the second half of the year, and also predicts its internet operations to be profitable by year end.
Ulster TV provides regional television and internet services in Northern Ireland.
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Ulster TV provides regional television and internet services in Northern Ireland.
If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the .