Heart and LBC owner is top of the pops with record reach Media The media juggernaut behind Heart and LBC has raked in record listening hours, according to official figures, bucking a decline in linear broadcast that has seen many legacy outlets struggle. Fresh Rajar analysis found that Global, which also runs Capital and Classic FM as well as boasting a burgeoning podcast empire, landed 288m listening hours [...]
LBC owner loses £140m despite revenue marching towards £1bn Media Global, the media giant behind the likes of radio stations LBC, Capital and Heart, lost £140m during its latest financial year despite its revenue continuing its march towards £1bn. The London-headquartered business, which also includes Smooth, Radio X and Classic FM, has reported its latest pre-tax loss after also losing £120.3m in the prior 12 [...]
Kemi Badenoch: Tories could means test state pension triple-lock Politics Kemi Badenoch has said the Conservatives could look at means testing the state pension triple-lock, in what would be a major policy shift. The Tory Party leader was asked during a phone-in on LBC Radio whether she would “look at” the triple-lock on the state pension, which sees the welfare benefit rise each year by [...]
Global: Huge losses continue for LBC, Heart and Capital owner January 2, 2025 Global, the media giant which owns commercial radio stations such as Capital, Heart and LBC, has now lost almost £700m since it last reported a pre-tax profit. The London-headquartered empire, which also includes Smooth, Radio X and Classic FM, fell to a pre-tax loss of £120.3m in the year to 31 March, 2024, newly-filed accounts [...]
Record breaking 27.6m tune into Global as Amanda Holden beats Greg James at breakfast May 16, 2024 A record 27.6m weekly listeners tuned into Global Media's radio shows in the first quarter as Heart, LBC and Capital dominated breakfast time.
‘It’s not uncommon’: Minister defends £15,000 taxpayer payout to settle Donelan libel claim March 6, 2024 A minister has defended a £15,000 payout of taxpayer money to settle a libel case after tech secretary Michelle Donelan falsely accused two academics of "sharing extremist views" and one of supporting Hamas.