Apps and video help UBC Media revenue
Posted by
Apps and video help UBC Media revenue

A move into providing mobile phone apps has helped Unique and Smooth Operations owner UBC Media’s revenue.

But whilst pre-tax loss widened to £794,000 for the year ended 31 March 2011 compared to a loss of £445,000 the year before, the company has seen growth in its digital video and mobile business, which now makes up 11% of UBC’s £4.5m turnover. Overall, turnover is down from £4.9m in 2010.

Across its content businesses UBC supplies over 12% of BBC Radio outsourced production as well as supplying 250 commercial stations, and has 38 apps now in use in the UK with another 83 going live in North America this year. Mobile apps revenue stands at £0.14m, up from £0.01m in 2010.

Simon Cole, Chief executive of UBC commented:“In a tough year in the traditional media sector, we have successfully pushed ahead with ourstrategic objectives: developing our content businesses into digital video, moving ourinteractive business into mobile apps and removing our legacy digital radio liabilities. We endthe year a company with a reduced overhead base, rising revenues in the new areas of ourbusiness, a healthy cash balance and no debt or long-term liabilities. Our challenge now is to continue that growth and to use our strong balance sheet wisely.”

Hear more radio industry news like this at the top of the hour on inRadio - the radio industry's very own radio station. Listen now in a new window whilst you continue reading RadioToday or press play below.

0 2 795 06 June, 2011 Industry News 9:48 am 20116 Monday, June 6th, 2011

Leave a Reply

Looking for something else?


Subscribe to our emails to stay informed about the latest radio news and products delivered straight to your inbox.

Related Posts

RAJAR Q3 2016 - October 26, 2016 at 11:00 pm (London)
WorldDAB General Assembly 2016 - November 9, 2016 at 10:00 am ()
Student Radio Awards - November 10, 2016 at 6:00 pm (The O₂ 10 Entertainment Avenue, London, SE10 0DY, England)
BBC Gillard Awards - November 10, 2016 at 7:00 pm (Newcastle)
Audio Production Awards - November 23, 2016 at 6:00 pm (BFI Southbank, Belvedere Road, London)
Radio TechCon 2016 - November 28, 2016 at 10:00 am (The Arts Theatre, 6-7 Great Newport St, London WC2H 7JB)
Salon de la Radio - January 29, 2017 at 10:00 am (Paris)
Salon de la Radio - January 30, 2017 at 10:00 am (Paris)
More events