Spanish TV group Atresmedia, operator of Antena 3 TV and La Sexta among other TV channels, has reported a €23.4 million profit in the first quarter of the year, up 1.2 per cent.

Total revenues amounted to €212.3 million, up 1.4 per cent the same period last year with an EBITDA reaching €36.3 million, up 3.3 per cent.

The results have been boosted by the significant increase in digital advertising revenues, up 24 per cent versus a 6.5 per cent fall in TV advertising.

Other posts by :

1. SES announces €0.25c dividend
2. Russia “blinding and destroying” German satellites
3. Bank: AST, Starlink, Kuiper targeting $200bn market
4. Rivada: Is no news good news?
5. SES celebrates Intelsat acquisition
6. Pakistan halts broadband direct-from satellite
7. India stymies Starlink launch
8. Starlink, AST SpaceMobile race for cellular consumers
9. Trouble ahoy for foreign D2D satellites over India?

Categories: Articles, Business, Results

Tags: advertising, Antena 3, Atresmedia