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Channel 4 New Media Profits Plunge In 2005

By Rafat Ali - Fri 05 May 2006 01:06 PM PST

UK’s Channel 4 made a measly £300,000 in profits on the new media side, during 2005, a tenth of that made the previous year, according to the broadcaster’s annual report, reports NMA.
The drop, the company says, was a result of investment in the sector: new broadband documentary channel called FourDocs and the mobile portal.

Posted in: Countries, Money, Earnings, Channel 4



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paidContent:UK covers the business of digital media for the U.K. and European markets.

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