Telia’s reorganization of its struggling media arm takes a major step today with the launch of new combined streaming service TV4 Play. Telia said that the new TV4 play will continue to offer independent journalism, entertainment and drama but will also have a larger selection of films and series. In addition, coverage of SHL hockey, […]
Scandinavian telecommunications operator Telia has revealed a loss of revenue in its TV and media department, after the unit saw a 2.4% decline in service revenue driven by a softening advertising market. In its latest interim report, the telco provider pointed the overall decline in the TV and Media division to the softening of TV […]
Nordic telco Telia’s TV and media division contributed to a decline in group EBITDA in the fourth quarter as reduced ad revenues impacted the media business. TV and media sales for the quarter amounted to SEK2.567 billion, down from SEK2.594 billion in 2021. Adjusted EBITDA was negative SEK112 million, down from negative SEK7 million for […]
Mathias Berg, currently VP, head of advertising Nordic and Deputy CEO TV4 Media, is joining Telia Company’s group executive management team as SVP, head of TV & Media, succeeding Casten Almqvist, who leaves Telia on December 1. Allison Kirkby, Telia Company President and CEO, said: “I am delighted and proud to promote Mathias into (this) role. His extensive […]
Five years ahead of its scheduled staging, FIFA has confirmed its Nordic broadcast partnerships for the 2026 World Cup. The tournament is set to take place across the US, Mexico and Canada, and will be the first to be expanded to 48 countries from the typical 32. As such, there will be 80 matches from […]
Tele2-owned Swedish cable operator Com Hem has followed up its framework agreement with Telia-owned commercial broadcaster TV4 with a comprehensive multi-year deal that will see channels TV4, Sjuan and TV12 and pay TV offering C More continue to air on the Com Hem network. The deal also provides for more channels to be added to […]
Tele2-owned Swedish cable operator Com Hem and rival telco Telia’s TV4 Media broadcast arm have extended the deadline to strike a new distribution deal until midnight tomorrow. In a statement, the pair said they had agreed to “continue to negotiate a long-term agreement on the right to broadcast the TV4 channels and C More. A […]
Tele2-owned Swedish cable operator Com Hem’s distribution agreement with rival Telia’s TV4 Media, which was concluded after fraught negotiations in December 2019, is set to expire on Friday without a new deal in sight, once again raising the prospect that the principal Swedish commercial broadcaster’s channels could disappear from the Com Hem line-up. “Unfortunately we […]
Nordic telco Telia saw an improvement in its TV performance in the third quarter, with a return to subscriber growth and a reduced rate of decline in advertising sales. “We continue to see improved demand for our free-to-air content in both Sweden and Finland. As a consequence, advertising revenues went from a 31 percent decline […]
Nordic telco Telia’s investment in TV and media assets once again weighed heavily on its latest quarterly financial numbers, despite resilience elsewhere that enabled the company to grow. Its overall revenue pie. CEO Allison Kirkby accepted that TV and media had faced “a challenging quarter” with revenue and adjusted EBITDA each falling by about 30%. […]
