×
You will be redirected back to your article in seconds

Sogecable posts 25% rise in revs

$ hopes bright for new soccer rights

MADRID — Giant Spanish film and TV conglom Sogecable saw a 25% revenue rise for the first half of the year compared to the same period in 1999.

Net profits were $1.9 million, compared to losses of $6.7 million in 1999.

Sogecable’s sales were Pta77.1 billion ($433.1 million) for the six months ended June 30. Of these revenues, 75% came from subscriptions — 1.8 million subscribers to terrestrial pay TV service and digital premium channel Canal Plus Espana, and more than 900,000 to digital platform Canal Satelite Digital (CSD).

Scoring with soccer

Sogecable looks set to offset current losses at sports rights brokering company Audiovisual Sport ($10.9 million over the first six months of 2000) through recent long-term licensing agreements for soccer rights with both DTT operator Quiero TV and cable operators body AOC.

Sogecable is a joint venture of France’s Canal Plus and managing shareholder Prisa, with 21% each.

More Biz

  • Pawn Stars

    Disney in Talks With Hearst to Sell A+E Networks European Channels (EXCLUSIVE)

    MADRID — Giant Spanish film and TV conglom Sogecable saw a 25% revenue rise for the first half of the year compared to the same period in 1999. Net profits were $1.9 million, compared to losses of $6.7 million in 1999. Sogecable’s sales were Pta77.1 billion ($433.1 million) for the six months ended June 30. […]

  • Django Unchained

    Lantern Entertainment Pays $5.5 Million to Take Three Quentin Tarantino Films

    MADRID — Giant Spanish film and TV conglom Sogecable saw a 25% revenue rise for the first half of the year compared to the same period in 1999. Net profits were $1.9 million, compared to losses of $6.7 million in 1999. Sogecable’s sales were Pta77.1 billion ($433.1 million) for the six months ended June 30. […]

  • Paz de la Huerta Sues Harvey

    Paz de la Huerta Sues Harvey Weinstein for Rape and Retaliation

    MADRID — Giant Spanish film and TV conglom Sogecable saw a 25% revenue rise for the first half of the year compared to the same period in 1999. Net profits were $1.9 million, compared to losses of $6.7 million in 1999. Sogecable’s sales were Pta77.1 billion ($433.1 million) for the six months ended June 30. […]

  • Art News Art in America PMC

    PMC Buys ARTnews, Art in America

    MADRID — Giant Spanish film and TV conglom Sogecable saw a 25% revenue rise for the first half of the year compared to the same period in 1999. Net profits were $1.9 million, compared to losses of $6.7 million in 1999. Sogecable’s sales were Pta77.1 billion ($433.1 million) for the six months ended June 30. […]

  • Star Wars and Target Licensing

    In the New Retail World Order, Licensing Partners Become Competitors

    MADRID — Giant Spanish film and TV conglom Sogecable saw a 25% revenue rise for the first half of the year compared to the same period in 1999. Net profits were $1.9 million, compared to losses of $6.7 million in 1999. Sogecable’s sales were Pta77.1 billion ($433.1 million) for the six months ended June 30. […]

More From Our Brands

Access exclusive content