STV cut service

STV has suspended its dividend and identified £4.5 million in cuts, after advertising revenue “deteriorated” in March and April. The Glasgow-based company which operates the Channel 3 TV license said it had to preserve cash. (The Times)

STV has suspended its dividend and identified £4.5 million in cuts, after advertising revenue “deteriorated” in March and April. The Glasgow-based company which operates the Channel 3 TV license said it had to preserve cash. (The Times)