Resources posts loss of 6 million pounds sterling
Article Abstract:
BBC Resources, the biggest provider of broadcast facilities in the UK, posted a loss of 6 million pounds sterling for the fiscal year that ended Mar. 31, 1998. Although the firm actually obtained an increase in trading profit, from 1.5 million pounds sterling to 8 million pounds sterling in the same period, its operating profit was reduced by restructuring cost of 14 million pounds sterling. BBC Resources incurred expenses from the impending split of the directorate into new divisions, wholly-owned BBC subsidiary Resources Ltd and licence fee-funded arm Production Services.
Comment:
Posts a loss of 6 million pounds sterling for the fiscal year that ended 3/31/98
Publication Name: Broadcast
Subject: Mass communications
ISSN: 0040-2788
Year: 1998
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Megalomedia posts 5.3 million pound sterling pre-tax losses
Article Abstract:
Megalomedia posted a 5.3 million pound sterling pretax loss for the year ending on March 31, 1999. The company's revenues fell by more than 11% to 16.2 million pound sterling during the period.
Publication Name: Broadcast
Subject: Mass communications
ISSN: 0040-2788
Year: 1999
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