28-09-2023, 09:54 AM
(27-09-2023, 10:48 PM)JAS84 Wrote: 200k? Would that be enough to bankrupt the channel?
I don’t think I made any mention of anything bankrupting the channel.
I pointed out that management stop sitting on their hands as soon as some something happens which will affect the bottom line - i.e. a sizeable fine and/or advertisers pulling spots.
£200k is of course not a big deal for a business which made a loss of £31m in its latest accounting period. But looking at it from another perspective, it is around 10% of the dismal advertising revenue it made in the same period.