21st Jul 2010 11:34
21 July 2010
UBC Media Group plc
AGM statement
At today's AGM of UBC Media Group (AIM: UBC, 'the Company'), the multimedia content and services company, the Chairman stated that trading continues in line with the Board's expectations.
He commented that the mixture of content and technology, so well encapsulated by the rapid growth in demand for iPhone apps, continues to be a key element of the Group's development. UBC is investing in building a network of radio station iPhone Apps and in creating iPhone Apps for advertising clients.
The initial statistics from the first apps produced are encouraging. For example, nearly 4% of national station talkSPORT's listeners downloaded the station's app in the first eight weeks. 40% are using it at least once a week with 627,000 listening sessions recorded since launch, with an average of seven minutes each. UBC has carried advertising on its app network from launch.
UBC has also completed iPhone apps for Tourism Australia and Mercedes Benz
All resolutions at the AGM were passed.
Enquiries:
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UBC Media Group |
020 7453 1600 |
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Simon Cole, Chief Executive |
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John Falcon, Finance Director |
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Seymour Pierce |
020 7107 8000 |
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Mark Percy, Corporate Finance |
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David Banks, Corporate Broking |
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College Hill |
020 7457 2020 |
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Adrian Duffield/Carl Franklin/Rozi Morris |
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About UBC Media (www.ubcmedia.com)UBC Media is a business to business provider of multimedia content and interactive software. The Group provides content expertise across a wide range of platforms including commissioned radio programmes for networks such as the BBC, advertiser funded audio and video, media sponsorship and mobile advertising, along with interactive software for radio broadcasters and apps for mobile devices. It is the UK's leading independent producer of radio programming. UBC consists of five operating divisions: Unique (radio production), Above the Title (radio and other Audio production), Smooth Operations (radio production), Lynx Content (marketing through content) and Unique Interactive (interactive software).UBC is in a strong position to serve the rapidly growing and converging multi-platform media and wireless markets in ways that have potential to generate substantial earnings over the coming years. The Group's business model already generates highly visible revenues, such as long term radio commissions and monthly software fees.
UBC Media is listed on AIM (AIM: UBC) and is based in London, UK.
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