Global: Huge losses continue for LBC, Heart and Capital owner

cityam

01-02

Global is the largest commercial radio station owner in the UK.

Global, the media giant which owns commercial radio stations such as Capital, Heart and LBC, has now lost almost £700m since it last reported a pre-tax profit.

The London-headquartered empire, which also includes Smooth, Radio X and Classic FM, fell to a pre-tax loss of £120.3m in the year to 31 March, 2024, newly-filed accounts with Companies House show.

The total comes after Global also lost £101.1m in the prior 12 months.

The latest figure means that the group has lost in the region of £680m before tax since it last made a pre-tax profit – £25.1m in the year to 31 March, 2018.

However, the new accounts also show that Global’s revenue increased from £806.1m to £858.1m over the same period.

Global generated £432.2m in audio revenue in the year, up from £426.1m, while its outdoor adverting sales jumped from £379.9m to £425.9m.

In the UK, its sales rose from £673m to £699.2m and from £88.6m to £114.8m in Europe. Its revenue in North America dipped slightly from £44.4m to £44m.

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Its revenue in North America dipped slightly from £44.4m to £44m.</p></body></html>","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Global: Huge losses continue for LBC, Heart and Capital owner</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGlobal: Huge losses continue for LBC, Heart and Capital owner\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-02 22:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/global-huge-losses-continue-for-lbc-heart-and-capital-owner/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Global is the largest commercial radio station owner in the UK. Global, the media giant which owns commercial radio stations such as Capital, Heart and LBC, has now lost almost £700m since it last ...</p>\n\n<a href=\"https://www.cityam.com/global-huge-losses-continue-for-lbc-heart-and-capital-owner/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.cityam.com/global-huge-losses-continue-for-lbc-heart-and-capital-owner/","article_id":"2500197404","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/01/Capital-Breakfast with-Jordan-North-Chris-and-Sian-1536x1024-1.jpg?w=286&h=161&crop=1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500197404","pubTimestamp":1735829180,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Global is the largest commercial radio station owner in the UK. Global, the media giant which owns commercial radio stations such as Capital, Heart and LBC, has now lost almost 700m since it last reported a pre-tax profit.The London-headquartered empire, which also includes Smooth, Radio X and Classic FM, fell to a pre-tax loss of 120.3m in the year to 31 March, 2024, newly-filed accounts with Companies House show.The total comes after Global also lost 101.1m in the prior 12 months.The latest figure means that the group has lost in the region of 680m before tax since it last made a pre-tax profit – 25.1m in the year to 31 March, 2018.However, the new accounts also show that Global’s revenue increased from 806.1m to 858.1m over the same period.Global generated 432.2m in audio revenue in the year, up from 426.1m, while its outdoor adverting sales jumped from 379.9m to 425.9m.In the UK, its sales rose from 673m to 699.2m and from 88.6m to 114.8m in Europe. Its revenue in North America dip","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"全球：LBC、Heart和Capital所有者继续遭受巨额损失","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LBC":1},"content_text":"Global is the largest commercial radio station owner in the UK. Global, the media giant which owns commercial radio stations such as Capital, Heart and LBC, has now lost almost £700m since it last reported a pre-tax profit.The London-headquartered empire, which also includes Smooth, Radio X and Classic FM, fell to a pre-tax loss of £120.3m in the year to 31 March, 2024, newly-filed accounts with Companies House show.The total comes after Global also lost £101.1m in the prior 12 months.The latest figure means that the group has lost in the region of £680m before tax since it last made a pre-tax profit – £25.1m in the year to 31 March, 2018.\n\nHowever, the new accounts also show that Global’s revenue increased from £806.1m to £858.1m over the same period.Global generated £432.2m in audio revenue in the year, up from £426.1m, while its outdoor adverting sales jumped from £379.9m to £425.9m.In the UK, its sales rose from £673m to £699.2m and from £88.6m to £114.8m in Europe. Its revenue in North America dipped slightly from £44.4m to £44m.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}