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M6 rebounds in third quarter
French broadcaster M6 has posted an increase in revenues in its third quarter, reversing losses in the first two quarters of the year.
Advertising revenues were up 2.1% at 136.2. It was down 10.4% in the first half of the year at Â370.8m. Overall revenues of Â296m were up 9.2% after a decline of 4.3% in the first half total of Â678.3m.
RTL-backed M6 said renewed and sustained demand from the FMCG sector was driving the advertising revenue rebound, boosted by strong ratings performance at the main M6 channel. The digital terrestrial channels, including entertainment offering W9, generated advertising revenue of Â32m in the quarter, a 20.1% year-on-year increase.
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