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Old 05-03-2013, 14:21   #2059
gizuk
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Join Date: Feb 2007
Location: Glasgow
Posts: 114
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Re: Coming Soon to Virgin TV (2013) Vol. 1.

Quote:
Originally Posted by Media Boy View Post
Are they???

In their 2012 results STV reveal that STV have got £45.3m of net debt.

So that why I was thinking 'If they sold Channel 3 to ITV plc' for.

http://www.londonstockexchange.com/e...entId=11494528
A company can be profitable even though they have debt. In 2012 they made a pre-tax profit of £14.4 million.
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