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 ÂnÂ 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.
Do you wonder if the set-top box will still be the industry's workhorse despite the shift to app-based experiences… twitter.com/i/web/status/1…
24 October 2021 @ 14:08:00 UTC
DTVE: the week in view – The future of American SVOD lies outside of the US digitaltveurope.com/comment/the-fu… https://t.co/KE5s8dwFUe
23 October 2021 @ 12:00:03 UTC