Brazil feevee on upswing

Operators see revs up 15% over same period in 2002

RIO DE JANEIRO — Brazilian annual pay TV confab ABTA will kick off Tuesday in Sao Paulo with the sector in a gradual recovery from last year’s deep crisis.

Although Brazil’s subscriber base has remained flat this year at about 3.5 million, pay TV players have some things to celebrate.

Local operators generated gross revenues of 1.6 billion reals ($530 million) in the first half of 2003, up 15% from same period in 2002. Leading cabler Net Servicos and No. 2 satcaster Sky Brasil reported their first profitable quarters. And the total number of cable modem service users rose 5.5% to 156,405 in the second quarter of this year.

Foreign pay TV programmers were mostly absent from the Brazilian Pay TV Assn. (ABTA) 2002 confab but are expected to be a strong presence at this year’s event, which will run through Thursday.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading