International radio activities saw an uplift of 12.2%, while a catching up in deliveries of TV productions helped lift that activity by 6.6%. Lagardère Active’s overall performance was pulled down by a 3.5% decline in its magazines arm.
The third quarter was boosted by increased deliveries of TV productions and notably by Season 3 of Borgia.
Lagardère Active saw its revenues for the first nine months decline by 6.5% on a like-for-like basis year-on-year to €643 million, but its third quarter performance improved, with a 1.6% like-for-like decline to €208 million.
The division saw a bigger gross decline on a nine months basis of 7.5% as a result the sale of six print titles, offset to the tune of €7 million by the acquisition of TV production company Groupe Réservoir.
Lagardère said that its comparative nine months performance this year was impacted by an unusual lift in deliveries of productions at the start of 2013. Advertising revenues this year were down 4.9%.
DTVE: the week in view – Netflix dominated the 2010s but can it continue its stratospheric rise in the new decade?… twitter.com/i/web/status/1…
23 January 2021 @ 19:54:00 UTC
Share your expert views on the future of digital video and how the pandemic has impacted your business… twitter.com/i/web/status/1…
23 January 2021 @ 15:00:00 UTC
Deliver optimized digital experiences for your customers by leveraging the combination of edge cloud and a global p… twitter.com/i/web/status/1…
23 January 2021 @ 13:00:00 UTC