Stv Shares Slide On Taggart Doubts

The Scotsman (June 27, 2009)

Author: Martin Flanagan

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Summary


SHARES in Scottish media group STV slumped 14 per cent yesterday as doubts about the future of its Taggart flagship programme overshadowed what it called a" significant improvement" in advertising revenues.

STV said in a trading update it had not yet received confirmation from broadcaster ITV of a new commission for the longrunning detective series.

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Extract


Stv Shares Slide On Taggart Doubts

The company, formerly SMG, claimed it was confident about the future of the series" given the strong performance of the show" but...

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