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.
Starz channels launch on YouTube TV in the US https://t.co/tau2uU4wvz
20 June 2018 @ 16:33:55 UTC
Sony Pictures Television Networks (SPTN) is expanding into OTT in Western Europe https://t.co/1efirQxoZT
20 June 2018 @ 16:32:59 UTC
The UK government has accepted deal terms between 21st Century Fox and Sky https://t.co/jPJ5NRzb2K
20 June 2018 @ 16:32:39 UTC
Viacom secures mobile distribution deal for Paramount+ with Telenor. https://t.co/jiKCXOBSuq
19 June 2018 @ 13:31:53 UTC