Read this: UKTV profits hit 80m
Summary: A 20% boost in its programming budget helped UKTV deliver record profits in 2015 as well as cement its ratings lead over Channel 5 and Sky.The company spent Â£148m on programming in 2015, a 20.3% boost on the Â£123m spent in 2014, with original commissions including Storage Hunters UK and Dave Gorman Modern Life Is Goodish and acquisitions including Grimm and Rizzoli & Isles topping its ratings table.Its annual financial report shows that this investment in content helped it deliver a 13% increase in revenues from Â£282.6m last year to Â£319.2m in 2015 with operating profits growing 10.1% to Â£79.6m up from Â£72.3m. Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) grew from Â£74.2m to Â£82m.. - www.broadcastnow.co.ukRead full article: UKTV profits hit 80m…
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