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Lagardère broadcast revenues slide

French conglomerate Lagardère’s broadcast arm produced revenues of €454m in 2009, down 12.8% on a reported basis year-on-year.

While cable channel revenues continued to fall during the fourth quarter, Lagardère’s digital-terrestrial channels turned in growth of close to 15%. The group’s broadcast revenues were boosted by the performance of its radio services during the second half.