Locked content TVN’s y/y profits up in Q4

Major Polish broadcasting group TVN recorded a consolidated net profit of PLN 51.34 million in Q4 2014, compared with PLN 45.79 in Q4 2013. TVN’s operating profit in Q4 2014 amounted to PLN 161.48 million, versus PLN 18.45 million in the previous year. The group’s consolidated revenue stood at...

New owner of TVN may be revealed in Q1

The potential buyer of the controlling stake in broadcaster TVN should be chosen in the first quarter of 2015, the company’s CEO Markus Tellenbach was quoted as saying by the Polish Press Agency.

Locked content TVN sale more likely next year

The acquisition of a majority stake in broadcaster TVN is more likely to take place in 2015 than in the fourth quarter of 2014, the company’s representatives were quoted as saying by the Polish Press Agency. There are about 12 entities interested in buying the broadcaster, said CEO Markus Tellenbach...

Locked content TVN announces buy-back, records low results

Broadcaster TVN announced on Thursday that it would spend up to PLN 150 million on a share buy-back. The company plans to buy up to 7.5 million own shares, standing for no more than 2.14 percent. The price was set at PLN 20 per share. In June 2014 TVN completed a PLN 100 million buy-back…

Locked content TVN and T-Mobile launch SVOD service

Broadcaster TVN has teamed up with the Polish unit of T-Mobile have signed a strategic partnership and will soon launch a subscription video on demand (SVOD) service, the companies said in a press release on Monday. The service, named T-Mobile Zone, will be offered as part of TVN’s Player. It will b...

ITI and Canal+ may sell TVN

Polish media group ITI and French holding Groupe Canal+ are considering the sale of their majority stake in major Polish television broadcaster TVN, the companies said in statements late on Thursday.

Right here, right now

While domestic media on demand services in Poland are well established, international players are yet to properly cash in on the market

Locked content TVN results in line with expectations

Major Polish broadcasting group TVN recorded a consolidated net profit of PLN 115.08 million in the second quarter of 2014. Analysts polled by the Polish Press Agency had expected it to be PLN 109.2 million. TVN’s operating profit in Q2 2014 amounted to PLN 165.5 million. It was also in line with ma...