Mediaset turned in a net loss of €20.5 million for the first have after taking a write-down of €12.3 million in the value of its Digital+/Canal+ stake in Spain related to the non-conditioned component of the price at which it agree to sell the 22% holding to Telefónica.
The loss compared with a €30.1 million profit in 2013.
Mediaset’s Premium pay TV unit turned in revenues of €274.3 million from card sales, pre-paid recharges and Easy Pay subscriptions, down from €280.2 million last year.
Overall Mediaset turned in revenues of €1.725 million, down from €1.737 million, and EBIT of €109.5 million, down from €133.6 million.
ICYMI: Liberty Global’s Fries looking to Belgian merger, fixed-mobile convergence digitaltveurope.com/2020/11/23/lib… https://t.co/9DYFyUtjuF
23 November 2020 @ 20:00:00 UTC
Thema launches +D’Afrique VOD offering on Orange digitaltveurope.com/2020/11/23/the… https://t.co/qKYdn9XSX3
23 November 2020 @ 19:30:01 UTC
ICYMI: BritBox launches in Australia in latest step of global rollout digitaltveurope.com/2020/11/23/bri… https://t.co/6HXT3BGR1B
23 November 2020 @ 19:00:01 UTC