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Trading update

30 Sep 2013 07:00

RNS Number : 1863P
DCD Media PLC
30 September 2013
 

 

DCD Media Plc

("The Group")

 

 

 

Trading Update

 

DCD Media Plc announces that on Friday 27 September 2013 it was informed that WE tv will not be commissioning an 11th series of Bridezillas. This production has made a large contribution to the Group's revenue in recent years and, unless replaced by new productions, will result in substantially reduced revenue in 2014.

 

The directors are reviewing the Group's activities and intend to reduce operating costs to operate within their reduced revenue expectations. The directors are currently confident that they can successfully implement this strategy.

 

The Group's interim results will be released later today.

 

 

 

For further information please contact:

Nahid Burke

Investor Relations / Media Relations, DCD Media Plc

Tel: +44 (0) 20 8563 6976

ir@dcdmedia.co.uk

 

finnCap Ltd

Stuart Andrews /Charlotte Stranner

Tel: +44 (0) 20 7220 0500

This information is provided by RNS
The company news service from the London Stock Exchange
 
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