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Weak Ad Revenue Hurts TF1 Results

PARIS: Over the first nine months of the year, TF1’s revenues were relatively flat, rising 0.8 percent to 1.9 billion euros ($2.36 billion), with channel ad revenues down 7.1 percent year-on-year to 979.5 million euros ($1.25 billion). Advertising revenue for the TF1 group as a whole was down 1.5 percent ...

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Chernin Group Invests in YouTube Network Base79

LONDON: The online video company Base79, which runs the largest YouTube network in EMEA, has received a multi-million-dollar investment from The Chernin Group. The capital from this equity investment will go toward Base79’s expansion across Europe and into other international territories. The company also plans to build owned-and-operated brands and ...

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C More to Offer Miramax Films in Nordic Region

STOCKHOLM/SANTA MONICA: C More Entertainment has firmed up a licensing agreement to bring a broad range of films from the Miramax library, including There Will Be Blood and Chocolat, to its customers in the Nordic region. The package of Miramax modern classics will be available to C More viewers and ...

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Ben Frow Named Director of Programs for Channel 5

LONDON: Ben Frow, a former Channel 5 controller of features and entertainment, is returning to the broadcaster in the role of director of programs. Following the departure of Jeff Ford, Frow will now lead all content and creative operations for the channel, including commissioning and acquisitions. He will report to ...

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MTG Studios Hires Jens Eriksson for COO Post

STOCKHOLM: Jens Eriksson, who most recently served as the COO of Zodiak Media Group Nordic, is stepping into the role of president and chief operating officer at MTG Studios. The appointment is effective January 8, 2013. MTG Studios, formerly Modern Studios, is owned by the Modern Times Group and has a presence in ...

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TF1 Forms Alliance with Discovery

PARIS: The TF1 Group and Discovery Communications are in exclusive negotiations to form a strategic alliance with the aim to create value for both companies across a number of complementary business lines. This would include driving the growth of Eurosport as well as enhancing both companies’ pay-TV offerings in France. The ...

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FremantleMedia Lifts RTL Q3 Results

LUXEMBOURG: RTL Group reported revenue that was up 5.5 percent in the third quarter to 1.3 billion euros ($1.65 billion), thanks to higher TV ad sales from the Mediengruppe RTL Deutschland and growing revenues at FremantleMedia. The group’s reported EBITA was up by 5.8 percent to 165 million euros ($209 ...

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ITV Ad Revenue Takes a Hit

LONDON: ITV has posted a 6-percent dip year-on-year in TV ad revenues for its third quarter, after a difficult summer because of the BBC’s London Olympics coverage. The group’s external revenue was up 4 percent to £1.57 billion ($2.49 billion). Non-net advertising revenue gained 15 percent to £730 million ($1.16 billion). ...

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BBC Left in Flux

LONDON: Tim Davie, who has stepped into the director-general role at the BBC on an acting basis in the wake of George Entwistle’s departure, has said that his job right now is to "get a grip of the situation." This weekend Entwistle resigned in the wake of the Newsnight child-abuse scandal. "In ...

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New Globo Channel to Premiere in Portugal

SÃO PAULO: In partnership with cable TV operator ZON, Globo is slated to debut a new channel in Portugal this weekend. The channel, named Globo, will broadcast telenovelas such as Aquele Beijo and Seize the Day. Programming will also include talk shows, series, comedies, and a weekly special devoted to Brazilian ...

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