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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 £148m on programming in 2015, a 20.3% boost on the £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 £282.6m last year to £319.2m in 2015 with operating profits growing 10.1% to £79.6m up from £72.3m. Meanwhile, earnings before interest, tax, depreciation and amortisation (EBITDA) grew from £74.2m to £82m.. - www.broadcastnow.co.uk

Read full article: www.broadcastnow.co.uk link icon  UKTV profits hit 80m…



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