Atresmedia Q1 boosted by ads
April 27, 2023
From David Del Valle in Madrid
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 :
- Bank: “Charter racing to the bottom”
- SpaceX IPO in June?
- Russia postpones Starlink rival
- Viasat taps Ex-Im Bank to finance satellite
- Bank: TeraWave not a direct threat to AST SpaceMobile
- SpaceX lines up banks for IPO
- SES to FCC: “Don’t auction more than 160 MHz of C-band”
- Morgan Stanley downgrades Iridium