Polish broadcast group TVN has posted a net profit of PLN61 million (16 million) for the third quarter, compared with a net profit of PLN58.1 million a year earlier, thanks to continued strong growth from its pay-TV activities and a recovery in the advertising market.
Revenues for the quarter were PLN533.8 million, up 25% on the year from PLN427.9 million, beating analysts expectations.
TVN now expects post-paid pay TV subscribers to its Ân platform to reach 800,000 by year-end, down from earlier expectations of 870,000. The company had 739,000 subs at the end of the quarter, up by 9,000 on the second quarter.
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20 July 2018 @ 19:00:00 UTC
ICYMI: @virginmedia to drop @UKTV channels. #TV #TVNews https://t.co/m766eVaSet
20 July 2018 @ 18:00:01 UTC
.@ParamountTV fires president Powell for alleged offensive comments. #TV #TVNews https://t.co/O8bMzbtcX8 https://t.co/v8qQdIfzGj
20 July 2018 @ 17:00:02 UTC
#UK grants A184m tax relief to 60 high-end #TV shows in 2017/18. https://t.co/FP8tT3WqVs https://t.co/Eq4qAGTevC
20 July 2018 @ 16:00:02 UTC
The Content Innovation Awards entry deadline closes tonight! Don't miss out #CIAwards18 https://t.co/BbvYn98M0F https://t.co/5QGK7T9w44
20 July 2018 @ 15:30:00 UTC
