TF1’s audience up, profits down

French broadcaster TF1 reported an increase in audience share during the first half of 2013, though saw net profit and revenue drop year-on-year during Q2. 

The firm said that over the first six months of 2013, its four free-to-air channels achieved audience share of 29.0% among people aged four and over, a year-on-year increase of 0.6 of a point, or 2%.

However, revenue for the broadcasting and content segment for the half year the period was down 7.0% at €844.2m, with advertising revenue from the free-to-air channels down 8.8% to €728.4m in the first half of 2013 and revenue for the pay TV segment down 3.9% to €258.8m.

In Q2 alone, overall revenue was €642.4 million, down 4.5% year-on-year, while net profit was €48.4 million, down 17% year-on-year.