Modern Times Group has reported an 8% increase in revenues of SEK9.8 billion (€1 billion) for the first nine months of the year. The broadcast group’s pre-tax profit for the period was SEK1.3 billion. For the three months to end-September, revenues were up 4%, taking the total to SEK3.1 billion.
“The Scandinavian TV advertising markets remained strong and certain of the emerging market territories showed higher growth levels as our media houses took market shares,” said Hans-Holger Albrecht, president and CEO. “The Nordic pay TV subscriber base was largely stable quarter on quarter with the revenue growth reflecting rising premium satellite ARPU levels, whilst the emerging market pay TV channel and platform businesses reported another quarter of double digit year on year subscriber and sales growth.”
ICYMI: @netflix ‘almost entirely’ driving #SVOD spend in Brazil, according to @Futuresourcer.… twitter.com/i/web/status/1…
20th February 2019
ICYMI: 79% of world’s mobile traffic to be #video by 2022, according to @Cisco. digitaltveurope.com/2019/02/20/cis… https://t.co/anSAK0IFSx
20th February 2019
.@libertyglobal report: European consumers ‘value broadband more than sex’.
digitaltveurope.com/2019/02/20/lib… https://t.co/qsLINWjO5z
20th February 2019
TDF welcomes report on future of DTT. digitaltveurope.com/2019/02/20/tdf… https://t.co/AqzxrZcWP7
20th February 2019
Vivid extends reach in Croatia and Portugal. digitaltveurope.com/2019/02/20/viv… https://t.co/9U2iIfZlPQ
20th February 2019
