You will be redirected back to your article in seconds

Sweden’s TV4 Profits Skyrocket In ’94

Sweden’s most-watched television channel, Stockholm-based commercial outfit TV4, showed 1994 profits after tax of SKr 213 million ($28.7 million), an improvement of almost 400% over 1993, on an operating income of $175 million. The company was floated on the Swedish Stock Exchange in April 1994 with a new share issue of $53.9 million.

Acting managing director Lars Weiss attributed the channel’s income growth and successful flotation to an upswing in the Swedish TV advertising spend – and TV4’s effectiveness in poaching viewers from the state channels with its strong sports, drama and news coverage. Its market share for the last fall season was 29.6%, compared to 24.8% in 1993.

The company’s new managing director Christer Forsstrom will begin his job next month.

More Scene

  • Palm Springs Where to eat Drink

    Palm Springs Hotter Than Ever: Places to Eat, Drink, Stay

    Sweden’s most-watched television channel, Stockholm-based commercial outfit TV4, showed 1994 profits after tax of SKr 213 million ($28.7 million), an improvement of almost 400% over 1993, on an operating income of $175 million. The company was floated on the Swedish Stock Exchange in April 1994 with a new share issue of $53.9 million. Acting managing […]

  • 2017 Ripple of Hope Awards

    Why Alfre Woodard Thinks 'Everybody Gets Left Out' of Film Awards Race

    Sweden’s most-watched television channel, Stockholm-based commercial outfit TV4, showed 1994 profits after tax of SKr 213 million ($28.7 million), an improvement of almost 400% over 1993, on an operating income of $175 million. The company was floated on the Swedish Stock Exchange in April 1994 with a new share issue of $53.9 million. Acting managing […]

  • 'Father Figures' film premiere

    'Father Figures' Premiere Raises Funds for Southern California Wildfire Victims

    Sweden’s most-watched television channel, Stockholm-based commercial outfit TV4, showed 1994 profits after tax of SKr 213 million ($28.7 million), an improvement of almost 400% over 1993, on an operating income of $175 million. The company was floated on the Swedish Stock Exchange in April 1994 with a new share issue of $53.9 million. Acting managing […]

  • 'Grown-ish' TV show premiere

    A Meme Inspired 'Black-ish' Spinoff 'Grown-ish,' Creator Kenya Barris Says

    Sweden’s most-watched television channel, Stockholm-based commercial outfit TV4, showed 1994 profits after tax of SKr 213 million ($28.7 million), an improvement of almost 400% over 1993, on an operating income of $175 million. The company was floated on the Swedish Stock Exchange in April 1994 with a new share issue of $53.9 million. Acting managing […]

  • 'Bright' film premiere

    Will Smith Discusses 'Bright's' Racial, Social, Allegorical Undertones

    Sweden’s most-watched television channel, Stockholm-based commercial outfit TV4, showed 1994 profits after tax of SKr 213 million ($28.7 million), an improvement of almost 400% over 1993, on an operating income of $175 million. The company was floated on the Swedish Stock Exchange in April 1994 with a new share issue of $53.9 million. Acting managing […]

More From Our Brands

Access exclusive content