New figures filed with Companies House also revealed TalkTV made losses of £53.7m in its first full year on air (adding to a £34.1m loss in its first two months on air).TalkTV made revenue of £5.6m in its first full year of broadcasting and reported losses before tax and operating losses of £53.7m.In 2022’s financial figures TalkTV was only on air for two months. In that time, it made £1.1m in revenue and losses of £34.1m, according to the News UK Broadcasting accounts.It was announced last month that TalkTV will close as a linear television channel but continue to go out with a schedule on radio, via streaming services and on Youtube.Fellow News UK broadcaster Talksport Ltd, which includes Talkradio (but not TalkTV), Talksport, Times Radio and Virgin Radio, grew revenues by 3%.However the higher revenues were offset by higher operating costs, including investment in sports rights and talent, leading to EBITDA down from £13m to £11.5m.
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