0
Broadband

NENT lifts Q4 sales as Viaplay subscribers rise 25% in 2019, reports negative EPS but plans higher dividend

Tuesday 4 February 2020 | 09:57 CET | News
Nordic Entertainment Group (NENT) has reported a rise in fourth quarter net sales, driven by its Viaplay streaming service, which expanded its subscriber base by over 25 percent in 2019. Write-downs, restructuring and redundancy costs left the company with an operating and net loss. Nevertheless, the board is proposing a higher dividend.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Internet
Companies: Nordic Entertainment
Countries: Scandinavia / Sweden
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

NENT confirms no FY profitable growth as Q1 ad sales drop 13%

Published 23 Apr 2020 09:55 CET | Scandinavia
Nordic Entertainment (NENT) has formally withdrawn its outlook for profitable growth in 2020 as it announced a 2 percent drop in ...

NENT proposes TDC ex-CEO Erenbjerg as new member of board of directors

Published 16 Apr 2020 09:37 CET | Scandinavia
Nordic Entertainment Group said its nomination committee is proposing to the AGM on 19 May 2020 the election of former TDC CEO ...

NENT extends distribution agreement with Com Hem

Published 06 Apr 2020 11:54 CET | Sweden
Nordic Entertainment Group (NENT) said it has extended its long-term distribution agreement Com Hem by making its Viaplay ...

A3 offers free trials of Nextory and Viaplay Film & Series

Published 03 Apr 2020 12:08 CET | Sweden
Swedish provider A3 is offering a free 30-day trial of the Nextory e-book and audio book platform. The standalone prices for ...

NENT delays reporting sports rights costs, suffers limited churn, Viaplay streaming rises

Published 17 Mar 2020 12:06 CET | Scandinavia
Nordic Entertainment Group (NENT) said it will not include media rights costs for postponed sports events in its income statement ...

NENT says coronavirus hits FY profit growth target, cuts Viaplay Sports prices after event cancellations

Published 16 Mar 2020 13:24 CET | Scandinavia
Nordic Entertainment Group (NENT) said the spread of the coronavirus is having an adverse impact on its performance, which will ...

NENT announces Norwegian young adult serial 'Delete Me' as next original production

Published 21 Feb 2020 10:19 CET | Norway
Nordic Entertainment Group (NENT) has announced that its next original production will be a Norwegian young adult drama serial ...

NENT extends Walt Disney content deal, gives Viasat exclusive Nordic premieres for 20th Century Studios

Published 17 Feb 2020 12:43 CET | Scandinavia
Nordic Entertainment Group (NENT) said it has extended its long-term content agreement with The Walt Disney Company Nordic for ...

NENT promotes Perrone to permanent group legal counsel

Published 13 Feb 2020 13:35 CET | Scandinavia
Nordic Entertainment Group (NENT) said it has promoted My Perrone to the role of senior vice president and general counsel with ...

Nieuwsoverzicht week 6: F1-plan van Ziggo, glasplan van KPN, VOD-plan van ViacomCBS, beursplan van Warner Music

Published 10 Feb 2020 16:57 CET | Netherlands
VodafoneZiggo lanceerde afgelopen week een aantal promoties op TV-gebied maar de SKO meldde een forse teruggang in het ...

NENT extends pan-Nordic rights to Bundesliga from 2021 to 2025

Published 10 Feb 2020 13:36 CET | Scandinavia
Nordic Entertainment Group (NENT) said it has extended its exclusive, pan-Nordic media rights to German Bundesliga football from ...

NENT extends exclusive English Premier League rights to Norway up to 2028

Published 06 Feb 2020 12:12 CET | Scandinavia
Nordic Entertainment Group (NENT) said it has obtained the exclusive Swedish, Norwegian, Danish and Finnish media rights to show ...

Clausen steps down as NENT board member after appointment as TDC CEO

Published 05 Feb 2020 12:55 CET | Denmark
Nordic Entertainment Group (NENT) said that Henrik Clausen is stepping down as a non-executive board director with immediate ...

Com Hem overhauls streaming service Comhem Play, offers new version to non-customers

Published 04 Feb 2020 12:06 CET | Sweden
Com Hem said it is relaunching its streaming service Comhem Play by changing its appearance and adding productions. It is also ...

NENT seeks minority partner as it focuses on original scripted drama, plans to sell other ops in H1

Published 29 Jan 2020 14:13 CET | Scandinavia
Nordic Entertainment Group (NENT) said it will sell off its non-scripted output, branded entertainment and events business and ...

NENT creates role of head of diversity and inclusion

Published 16 Dec 2019 12:13 CET | Sweden
Nordic Entertainment Group (NENT) said it has appointed Mohamud Osman to the new role of head of diversity and inclusion. Osman ...

NENT announces SEK 700 mln Q4 charge for job cuts and FTA write-downs as it focuses on streaming

Published 10 Dec 2019 09:47 CET | Sweden
Nordic Entertainment Group (NENT) said it has cut jobs in order to save some SEK 250 million a year, as it aims to offset ...

Netflix announces 3 new Nordic titles, challenging regional players

Published 19 Nov 2019 12:27 CET | Scandinavia
Netflix has announced the forthcoming release of two original films produced in the Nordic region, namely Swedish feature "Red ...

NENT extends distribution agreement with Telenor

Published 08 Nov 2019 12:27 CET | Scandinavia
Nordic Entertainment Group (NENT) said it has extended its distribution agreement with Telenor. NENT will make its Viaplay ...

NENT, Telenor to merge Nordic pay-TV businesses in 50-50 joint venture

Published 23 Oct 2019 09:34 CET | Scandinavia
Nordic Entertainment Group (NENT) has announced an agreement with Telenor Group to combine NENT's Viasat Consumer satellite ...

NENT almost halves executive management, chops NENT Studios into 3 regional units

Published 05 Sep 2019 12:10 CET | Scandinavia
Nordic Entertainment Group (NENT) said that it will move to a new operating model from 01 October organised by specialities ...





Calendar   /   Industry Events

05 Aug Starhub Q2 2021
05 Aug Uniti Group Q2
05 Aug OTE Q2
05 Aug FireEye Q2
05 Aug InterDigital Q2
05 Aug Switch Q2 2021
05 Aug Cogent Communications Q2 2021
05 Aug BCE Q2 2021
05 Aug Gogo Q2 2021
05 Aug CommScope Q2
05 Aug DigitalBridge Q2
05 Aug Motorola Solutions Q2
05 Aug Tucows Q2 2021
05 Aug WideOpenWest (Wow) Q2
05 Aug Vonage Q2 2021
05 Aug United Internet Q2 2021
05 Aug Swisscom Q2 2021
05 Aug Viasat fiscal Q1
05 Aug ON Semiconductor analysts meeting
05 Aug Frontier Communications investors meeting
05 Aug FCC meeting
06 Aug NTT fiscal Q1
06 Aug RTL Group Q2 2021
06 Aug TDS, US Cellular Q2 2021
06 Aug PCCW H1 results
09 Aug Sohu.com Q2 2021
09 Aug Cable One Q2 2021
09 Aug Synchronoss Technologies Q2 2021
09 Aug Ceva Q2 2021
09 Aug Turk Telekom Q2 2021
::: More Calendar Items