Home » Business » LBC Losses: Owner Loses £140m Despite £1bn Revenue

LBC Losses: Owner Loses £140m Despite £1bn Revenue

Okay, hereS a breakdown of the⁤ content, focusing on key information and structure, along with ​a summary:

Summary:

This‌ article reports on the financial performance of Global, the owner of LBC (a⁣ UK radio ⁢station). Global experienced overall revenue growth, particularly in the⁤ UK and Europe. The article also highlights​ the increasing ⁢wealth of one of‍ Global’s presenters, Jordan⁤ North, who recently became a millionaire.

Key Information & Structure:

  1. revenue Growth:

* UK: Revenue ‌increased from £699.2m to £728.5m.
* North America: Revenue decreased from £44m to £39.5m.
⁤ * Europe: Revenue⁢ grew from £114.8m ⁤to⁣ £129.9m.

  1. Company Background:

* ⁤Global was founded by Ashley Tabor-King in 2007.

  1. Future Outlook:

⁤* Global is “well positioned for further growth” in audio and outdoor advertising.
‍ * The ⁢company is continuing to invest in its operations.

  1. Jordan North’s Wealth:

​ * ‌ Jordan North, a⁢ presenter for Capital Breakfast (owned by ​Global), has become a millionaire.
* This ​information was previously‌ reported by city A.M. ⁤in December.

  1. Link to Related Article:

* ‌The article includes a link to a City ⁤A.M. article about jordan North’s financial success: https://www.cityam.com/jordan-north-capital-breakfast-host-becomes-a-millionaire/

Content Breakdown⁤ by Paragraph:

* Paragraph 1: Provides initial revenue figures for the UK and North America.
* Paragraph 2: Reports revenue growth in Europe.
* aside (Read More): Promotes a related article​ about Jordan North.
* Paragraph 3: ⁣ States the founding year of Global and its founder.
* ‍ ‍ heading (H2): “Wealth of LBC owner’s star presenter surges” ⁤- Introduces the topic of‌ Jordan North’s financial success.
* Paragraph 4: Includes ​a ⁣statement from ⁤Global’s board regarding future growth and investment.
* ‌ Paragraph 5: ⁤ References ‌the City A.M. article⁣ about jordan North and links to it.

CSS Snippet:

The provided CSS snippet defines styles for elements ⁤within a newsletter banner or similar content‌ area. Here’s a breakdown:

* ​ ner-content h2: Styles for level 2 headings‍ within a container with the class “ner-content”. ‍ Sets ‌margin, ‍font size, and font ‌weight.
* newsletter-banner-content p: Styles for paragraphs within a container with the class “newsletter-banner-content”. Sets margin and line ⁤height.
* newsletter-banner-content ul, newsletter-banner-content ol: Styles‍ for unordered and ordered lists within the “newsletter-banner-content” container. Sets margin.
* newsletter-banner-content a: Styles for links within the “newsletter-banner-content” container. Sets color ⁤and removes text decoration.
* ⁢ newsletter-banner-content a:hover: Styles for links when hovered over within the “newsletter-banner-content” container. Adds an underline.
* newsletter-banner-content img: Styles for​ images within the ‌”newsletter-banner-content” container. Sets maximum ‍width,height to auto,and margin.
* #mc_embed_signup #mce-success-response: Styles for a success‍ message within a Mailchimp embed.Sets​ color, display

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