Losses at Talk TV widened to £54 million in the year to July 2023, its latest accounts show, in signs of the difficult financial state the broadcaster found itself in before deciding to cease broadcasting on linear television.
The loss at the ‘Piers Morgan Uncensored’ and ‘Independent Republic of Mike Graham’ producer increased by nearly 60% or £20 million on the previous year, while turnover rose by £4.5 million to £5.6 million over the same period, in signs advertising revenue was unlikely to cover the costs of running the TV station.
