1 item from 2006
21 November 2006 | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »
PARIS - French broadcaster TF1 Group on Tuesday reported a profit of 172.3 million ($220.87 million) for the first nine months of the year, marking a 4.9% drop over the year-ago period despite higher revenue.
France's largest TV group posted a 5.8% revenue gain to 1.89 billion ($2.42 billion).
At the flagship TF1 network, advertising revenue grew by 3.8% to 1.22 billion ($1.56 billion) thanks to widespread public interest in the Soccer World Cup in June and July in addition to strong performances by U.S. TV import CSI, French TV drama Marie Besnard L'empoisonneuse and hit film "Pirates of the Caribbean: The Curse of the Black Pearl."
However, programming costs for the popular World Cup contributed to a 20.1% decrease in the group's nine-months operating income to 194.5 million ($249.4 million).
TF1 didn't break out quarterly figures, but based on previous financial reports, third-quarter profit came in at 800,000 ($1.03 million), with operating profit amounting to 14.3 million ($18.4 million).
Revenue from other businesses reached 662.4 million ($849.1 million), an increase of 9.6% thanks to profitable partnerships in the media sector. »
1 item from 2006
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.See our NewsDesk partners