UKTV turns in record numbers
September 17, 2013
By Chris Forrester
UKTV, the multi-channel TV and VoD provider owned by the BBC’s Worldwide commercial arm and Scripps Networks Interactive, has reported a 2012 operating profit of $112 million (£71m) based on revenues of $414 million. UKTV has never before revealed its numbers but these are believed to be record figures.
Executives from UKTV said a considerable portion of the extra cash would be ploughed back into programme-making, and the consortium had earmarked $174 million for investment this year.
UKTV’s cluster of channels includes Dave, Eden, Watch, Drama, Gold, Yesterday and Good Food.
Other posts by :
- Arianespace to offer ‘rideshare’ launches
- Space industry warns Europe must do more
- Banks increase SpaceX forecasts
- Orbex bankruptcy details released
- South Korea confirms LEO plan
- Bank: “SpaceX should lobby for an MVNO”
- New Glenn amends pre-launch methods
- Iridium deal a “watershed” moment for Rocket Lab
