UKTV earnings reach double digits

UKTV earnings reach double digits

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By Toby Hood,
Monday, 11th April 2016
Darren Childs UKTV
Darren Childs UKTV

UKTV is celebrating its most profitable year so far for 2015, with a 13% increase in revenue. 

The network took their revenue over the £300million mark for the first time last year, which left them with £82million in earnings before other costs, it was announced on 12 April.  

Executives claim they have capitalised on the strong television advertising market. They also say a 20% increase in investment in original content helped boost viewing figures.

Upcoming original UKTV shows include a brand new series of cult hit Red Dwarf, an original chat show John Bishop: In Conversation With..., and the continuation of Alan Davies: As Yet Untitled.

Chief Executive Darren Childs said, "Double digit growth is a tough goal. But we've achieved that in profit, in revenue and importantly, in investment in our programmes. That's helping our reputation as a credible and successful investor in creativity go from strength to strength."

The compay also had a share 9.27% of commercial impact (SOCI). 

Channels Dave and Drama are currently the top two performing non-public service broadcasting channels in the country, with UKTV receiving two BAFTA nominations for original programmes Dynamo Magician Impossible and Monty Python Live (Mostly): One Down Five to Go.  

"I'm eternally grateful to UKTV," said comedian Alan Davies. "We see a new side to established talent and I'm delighted to be a part of a show that's giving new people a chance to shine. Dave rocks, dude!"

UKTV were listed among The Sunday Times top 100 places to work this year. Particular success is attributed to their apprenticeship scheme as two apprentices were employed full time by the company.

Last year also saw the opening of their new in-house production facility The Mezz which comprises of high-tech studios, voiceover booths, and edit suites.




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UKTV is celebrating its most profitable year so far for 2015, with a 13% increase in revenue.