UTV Media

UTV cuts revenue forecast for UTV Ireland channel

UTV Media, owner of Northern Irish broadcaster UTV, has cut the 2015 revenue forecast for its new channel UTV Ireland by £2.5 million (€3.5 million). In an interim management statement for the first quarter, UTV said that the Republic of Ireland channel, which launched on January 1, has “had a slower start to the year,” […]

UTV Media hit by weak TV ad revenues

UTV Media, owner of Northern Irish broadcaster UTV, reported declines in first half revenues and profit, citing week Irish TV ad revenues and reduction in the UK radio advertising market. Television advertising revenue in the first half was down by 8% with total TV turnover coming in at £15.3 million (€17.8 million), compared to £16.9 […]

UTV shareholders register protest

A significant number of shareholders in UTV Media, the owner of the UTV commercial channel in Northern Ireland, have expressed their dissatisfaction with the company’s management by voting against its executive remuneration plan and abstaining in a vote to re-elect CEO John McCann. Some 35% of stockholders voted against the remuneration programme and abstained from […]