PARIS — TF1, France’s leading terrestrial broadcaster, has posted consolidated revenues of 6 billion francs ($969.4 million) for the first half of 1999, an increase of 9.5% over last year.
Including revenues from its share of the TPS digital platform, revenue for the period was $100.5 million. TF1 is a 25% shareholder in TPS, which had 700,000 subscribers as of the end of June. After a battle with rival Canal Plus, TPS recently acquired rights to some French Premiere Football League games and is expecting to boost subscriptions in the second half of this year.
The TF1 network, the most watched in France, had 48 of the 50 best scores in primetime and saw its audience rise by .5% compared with the same period last year.
Ad revenues were also bumped up 8.5% to $744 million from the same period last year.
Diversification revenue grew a healthy 13% to $226 million. According to a company statement, the jump is largely due to the success of the group’s Tele-Shopping biz, as well as videocassette and DVD sales.
TF1 also has interests in music publishing, mail-order catalogs, multimedia and thematic channels, Eurosport and news service LCI.