Profit & Loss: Virgin’s loss, Otter’s down, knees up, Acorn grows
Revealing who is up and who is down as we go inside the world of private Irish businesses
Virgin Media TV records €6.1 million pre-tax loss
Virgin Media, which operates mobile and broadband services, as well as the Virgin Media One TV station, suffered a drop in television revenue last year but enjoyed better returns on its internet business.
Virgin Media Television Limited, which is behind the channel formerly known as TV3, saw its revenue fall from €60.8 million to €55.2 million.
It reduced its costs significantly during the year, with its operating ...