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Prisa boosts profits on lower revenue

Spanish media group Prisa has released financials for the first eight months of 2010, with pay-TV unit Digital Plus reporting 1,760,320 subscribers as of August 31, with an ARPU of €41.70, while Canal Plus Liga, the group’s football service, had 800,000 subscribers.

Prisa itself posted revenues of €2.064bn, down from €2.182bn for the same period last year thanks to competition in football coverage. Net profit was, however, up 54% to €97m.

International activities saw strong growth, contributing 25% of the group’s revenues.