Prisa's Canal+ reports 11.6% growth in sales to September

Friday 15 November 2013 | 13:17 CET | News
Spanish satellite pay-TV platform Canal+ reported revenues of EUR 869 million in the first nine months of the year, up by 11.6 percent year-on-year. However, EBITDA plunged by 84.6 percent to EUR 25.2 million, parent company Prisa reported. Prisa attributed the drop in EBITDA to the new football rights exploitation model, but added that the beginning of the new football season resulted in 1,835 new subscribers in the June-September period, the first quarter with positive net adds since Q1 2012. Although the total number of satellite subscribers fell by 86,284 in the first nine months of the

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Categories: Broadcast & Satellite / Internet
Companies: Canal+ / Prisa
Countries: Spain
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