Spanish media company Prisa reported first quarter results today showing an increase in year-on-year net profit but a decline in revenues. Profit was 35.5m compared with Â2.9m in the same period last year.
The company reported first quarter revenues of Â764.9 million compared with Â862.4m a year earlier. The loss of exclusive soccer rights at its part-owned Digital Plus pay-TV platform impacted the revenues figure, but advertising revenue increased 4.6%.
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