The broadcaster, which owns more than 20 radio stations across the UK and Ireland, reported a 14 per cent like-for-like decline in total group revenue for the period, a figure that it said was in line with expectations. It also predicted "somewhat improved" market conditions over the coming months, with ad revenues predicted to fall by around 9 per cent.
The Week: City News - UTV ad revenues decline
UTV Media, the owner of talkSPORT, has announced a drop in TV ad revenue of 19 per cent and a decline in radio ad revenue of 15 per cent for the first four months of the year.
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