STV chief executive Rob Woodward.
STV has seen its half-year profit dragged lower as a result of the start-up costs relating to its city television offerings.
Revenue in the first six months of the year dipped two per cent from £54.7 million to £53.6m as a result of a fall in revenue at its production unit from £3.9m to £1.7m.
But the £800,000 loss from its city television stations in Edinburgh and Glasgow saw underlying pre-tax profit dip seven per cent from £8.4m to £7.8m.
However STV also increased its interim dividend and cut its net debt.
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It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
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We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
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