Radioplayer goes abroad with Norway deal
Posted by
Radioplayer goes abroad with Norway deal

UBC Media has made a number of trading updates today including a deal to licence the Radioplayer software internationally for the first time.

radioplayerRadioplayer will be used by Digitalradio Norge, a body representing the commercial and public service broadcasters in Norway. Other territories are in negotiation and are expected to follow in the coming months.

Also, UBC is enjoying the growth of audio social network Audioboo, in which it now owns a 37% stake. Audioboo saw active users quadruple since August to 4.4 million and the number of audio “listens” per month has risen from 3.3 million in September 2012 to 8.2 million in February 2013.

Audioboo sponsors the RadioToday Programme, our weekly podcast with radio news, interviews and discussions.

Trading in the company’s production businesses is on track and, overall, UBC’s turnover this year saw a 17% improvement on the previous year, at £3.8 million. The Company said that it is trading in line with stock market expectations.

And finally, UBC is also announcing that Imagination Technologies, the company behind the Pure audio products range is increasing its stake in the company. Imagination originally took a holding last year of just under 10% but is now increasing that stake to 13.68% with the purchase of 8,333,333 shares.

Imagination also has options in UBC, which could take this stake to 15%, depending on the satisfactory conclusion of certain ‘commercial considerations’ being negotiated between the companies.

Simon Cole, Chief Executive of UBC commented: “The progress in our domestic and international business with Radioplayer and the growth at Audioboo are exciting developments and put us at the heart of the way the radio industry is creating its digital future. I’m pleased that our progress in these areas and our commercial partnerships with Imagination, have led to them becoming more significant shareholders. There is much we can achieve together”.

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 0 838 22 April, 2013 Industry News 7:00 am 20134 Monday, April 22nd, 2013

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

Closing Date: Audio Production Awards - September 29, 2016 at 11:59 pm (Online)
The Imaging Days - October 3, 2016 at 8:00 am (Holland)
The Imaging Days - October 4, 2016 at 8:00 am (Holland)
Radiodays Ireland - October 17, 2016 at 10:00 am (Dublin)
Radiodays Ireland - October 18, 2016 at 10:00 am (Dublin)
ARIAS - Audio and Radio Industry Awards - October 19, 2016 at 6:00 pm (First Direct Arena, Leeds)
WorldDAB General Assembly 2016 - November 9, 2016 at 10:00 am ()
Audio Production Awards - November 24, 2016 at 6:00 pm (BFI Southbank, Belvedere Road, London)
More events