Mediaset ups first-half profit and revenue
Italian broadcast group Mediaset has reported a 16.7% increase in first-half net revenues of 2.3bn and a 33.7% increase in net profit of Â241.6m.
Premium revenues from the companyÂs Italian pay-TV operations came in at Â229.7m, a 55% year-on-year increase. Italian TV ad revenues increased 5.3%, taking the total to Â1.4bn. MediasetÂs Spanish revenues, from free-to-air broadcaster Telecinco, were Â461m, a 43.7% year-on-year rise. TelecincoÂs ad revenues increased 39.2% in the period.