Menu
Finance

TalkSport Owner UTV Media Profits Rise By 62% Due To World Cup, Improving Economy

TalkSport owner UTV Media’s pre-tax profits jumped more than 60% in the first half, "thanks to a World Cup ad spend boost and an improving economy," according to Mark Sweney of the London GUARDIAN. UTV Media, "which also owns the ITV franchise for Northern Ireland," reported a rise in pre-tax profits of 62% to £10M ($17M) in the first six months of the year. Total group revenues rose 13% to £57.8M ($96M). TalkSport reported a revenue rise of 33% in the first half, "thanks to the World Cup." UTV Chair Richard Huntington said, "After the very strong growth recorded during the World Cup period, revenue increases in our GB radio division have moderated to a forecast 5 percent growth in the third quarter" (GUARDIAN, 8/26).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/08/27/Finance/UTV-Media.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/08/27/Finance/UTV-Media.aspx

CLOSE