Revenue from Belgian media group RoulartaÂs audiovisual division, which includes a 50% share in TV channel VTM as well as ownership of channels 2BE, JIMtv, Kanaal Z, digital channel provider VMMa and a 50% stake in regional broadcast group RMM, fell by 13.2% to Â82.5m in the first half of the year, largely thanks to a 10% drop in TV advertising revenues.
The divisionÂs EBITDA fell from Â13.2m to Â10.2m, thanks in part to Â1.7m of restructuring and non-recurring costs. Net profit was Â4.6m, down from Â6m.Â
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