You will be redirected back to your article in seconds

Subscribers now, profits later for TPS

Parisian co. won't break even until 2002

PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday.

Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in the red to the tune $501 million, CEO Jacques Espinasse told French daily Le Figaro.

TPS’ bigger rival, Canal Satellite, with 1.5 million subscribers, recently announced it would break even this year for the first time.

More TV

  • Neilsons Measurment Problems TV Digital

    NBCU Will Join 'Open A.P.' Audience-Targeting Venture Run by Turner, Fox, Viacom

    PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday. Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in […]

  • A view of the headquarter of

    Sky CEO Says Business ‘On Track’ in ‘Challenging’ Conditions

    PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday. Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in […]

  • Clive Standen Taken

    'Taken' Pulled Off of NBC Schedule, Moves to Saturdays

    PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday. Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in […]

  • Bride of Frankenstein

    'Frankenstein' Author Mary Shelley Set as 'Genius' Season 3 Subject

    PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday. Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in […]

  • Elizabeth Vargas Inks Production Deal With

    Elizabeth Vargas Inks Production Deal With A+E Networks to Front 'A&E Investigates' Banner

    PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday. Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in […]

  • Seven Seconds

    'Seven Seconds' Not Returning for Season 2 at Netflix

    PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday. Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in […]

  • TV News Roundup: 'GLOW' Gets Season

    TV News Roundup: 'GLOW' Gets Season 2 Premiere Date at Netflix

    PARIS — Television Par Satellite, France’s second digital satellite platform, will have 1 million subscribers by the end of the year but won’t break even until 2002, the company said Monday. Despite projected revenues of 2.5 billion francs ($338.57 million) this year, spending on movies, football rights and interactivity have kept the 4-year-old TPS in […]

More From Our Brands

Access exclusive content