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YouView Gets 30% More Shareholder Funding

BBC-backed YouView soaked up more than £40m in funds from its shareholders in the last financial year, with staff costs increasing by almost 50% as the internet-based TV service finally launched. YouView called on £42.1m on funds from its backers – the BBC, ITV, BT,Channel 4, Channel 5, Arqiva and TalkTalk – in the year to the end of March. This represents an increase of almost 30% on the £32.6m Youview's shareholders forked out the previous year.

Read the whole story at The Guardian »

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