Atresmedia bumps profit 4.2 %
July 28, 2023
From David del Valle in Madrid
Spanish TV group Atresmedia is doing it well. Innthe first half of the year, the company, owner of Antena 3 TV and La Sexta, among others, reported a €59.8 million profit, up 4.2 per cent.
Net revenues amounted to €472.9 million, up 2.8 per cent, with TV representing €439.4 million, up 2.4 per cent. Advertising revenues were 0.9 per cent down to €376.9 million, a smaller loss than commercial TV peers in France and UK.
EBITDA amounted to €88.6 million. Atresmedia TV is now the market leader in terms of audience ratings with an average of 27 per cent including all its channels.
Other posts by :
- Safran Space links laser direct to satellite
- SpaceX fearful of AST SpaceMobile’s potential?
- Equatys wants 2,800 new satellites
- FCC eyes freeing up Weird Space Stuff spectrum
- SES happy with releasing 160MHz of spectrum for 5G
- Inmarsat “likely to win appeal” over Ligado/AST action
- FCC seeks fair play over foreign satellite access
- Bank raises RocketLab target price