"Newly filed accounts for Wake Up Productions, incorporated in July 2021, show cumulative revenues of £50.3 million over the three-year period - matching reports of Morgan's £50 million contract with Murdoch's UK media group, which included TV, print and book projects. Wake Up Productions recorded turnover of £17.5 million in 2022, £15.7 million in 2023, and £17.1 million in 2024, with profit before tax of £7 million, slightly down from £7.2 million the previous year. The company paid £5 million in dividends in 2024."
"The company's revenue is divided between co-production services (£9.7m), licensing and distribution (£5.1m), and branding agreements and other income (£804,880). The accounts describe Wake Up Productions as focusing on "publishing, television production and broadcasting, generating income primarily through digital channels such as YouTube, Facebook and sponsorships." Its flagship show, Piers Morgan Uncensored, launched on TalkTV in April 2022 before transitioning to a digital-only format on YouTube in February 2024 - months before TalkTV's linear broadcast closure."
Wake Up Productions reported turnover of £17.1 million in 2024 and cumulative revenues of £50.3 million since incorporation in July 2021. The company recorded turnovers of £17.5m (2022) and £15.7m (2023), with profit before tax of £7m in 2024 and £7.2m the previous year. The business paid £5m in dividends in 2024. Revenue sources include co-production services (£9.7m), licensing and distribution (£5.1m), and branding and other income (£804,880). The company monetizes digital platforms such as YouTube and Facebook. Piers Morgan Uncensored moved from TalkTV to YouTube, surpassing 4.2 million subscribers and pursuing international expansion with Red Seat Ventures.
Read at Business Matters
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