Revenue diversification helped lift French commercial broadcaster M6 to modest year-on-year revenue growth despite a fall in traditional advertising revenue in 2014.
Non-advertising revenue grew by 3.7% to €461 million and advertising other than on free-to-air channels grew by 1.9% to €46.9 million. Free-to-advertising revenues slid by 1.7% to €750.1 million. Overall, revenues grew by 0.4% to €1.258 billion.
EBITA grew by 13.7% in the second half of the year after a fall in the first half, contributing to a net profit of €123.2 million, up 9.9%.
Revenue from production and rights grew by 3.8% to €111.4 million, while diversified revenues increased by 5.4% to €333 million, with M6 Web turning in an EBITA profit of €33.6 million, up from €32.7 million. E-business unit Ventadis saw its EBITA rise by 4.7% to €22.7 million.
ICYMI: Europe’s copyright rules battle. #DTVEWeekinView
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17th February 2019
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ICYMI: Bolloré to step down from @vivendi board. digitaltveurope.com/2019/02/15/bol… https://t.co/Y8gpcgU7wn
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Why a shake-up for #TV means a shake-up for @DVB_Project. digitaltveurope.com/comment/why-a-… https://t.co/T2kOatx0mx
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Tele2 looks to Com Hem mobile and convergence as ‘legacy services’ drag on growth. #TopStoriesOfTheWeek… twitter.com/i/web/status/1…
17th February 2019
