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TVN’s ‘n’ sees solid growth in subscription and pre-paid

Polish broadcaster TVN’s pay TV platform ‘n’ added 32,000 subscribers in the last quarter and 119,000 in the year to September taking its total to 858,000. TVN said it was on target to achieve 900,000 subscribers by the end of the year.

Revenue for ‘n’ for the quarter was up 16% to PLN185 million (€42 million), while EBITDA was down 35% to PLN5 million thanks to increased marketing activity. Quarterly ARPU for ‘n’ stood at PLN61.40, up 2% year-on-year. TVN confirmed its EBITDA for the platform for the year.

‘n’ activated 15,000 pre-paid cards in the third quarter, driven by uptake of the HD offering, and pre-paid HD ARPU stood at PLN22.80.

Tags: n, Poland, TVN