UKTV to show record-breaking results after big investment programmes
UKTV will today announce results that show record-breaking revenue, profits and ratings on the back of its major investment in exclusive and original programmes.
The company’s 2014 revenue will be £283m, up from £278m in 2013.
It will also announce £74.1m of earnings before interest, tax, depreciation and amortisation (Ebitda), which is up 10 per cent from 2013.
In addition, the firm has invested £123m into content. It has secured the rights to broadcast Monty Python Live, while its Dave channel is currently the most watched non-public service broadcaster channel.
Original programmes like Storage Hunters UK and Dave Gorman: Modern Life is Goodish were also some of the network’s best performers.
Chief executive Darren Childs, said: “UKTV has now grown its share of the British commercial TV market to 9.4 per cent, making our portfolio of channels vital for advertisers.”