The Week: City News - UTV ad revenues decline

UTV Media, the owner of talkSPORT, has announced a drop in TV ad revenue of 19 per cent and a decline in radio ad revenue of 15 per cent for the first four months of the year.

The broadcaster, which owns more than 20 radio stations across the UK and Ireland, reported a 14 per cent like-for-like decline in total group revenue for the period, a figure that it said was in line with expectations. It also predicted "somewhat improved" market conditions over the coming months, with ad revenues predicted to fall by around 9 per cent.