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

  • Harvey Weinstein, with his attorney Benjamin

    Harvey Weinstein's Attorney Blasts Asia Argento's 'Hypocrisy'

    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. […]

  • Asia Argento arrives for the screening

    Asia Argento Is Not Facing Sexual Abuse Investigation

    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. […]

  • Rose McGowan Asia Argento

    Rose McGowan on Asia Argento Accusation: 'My Heart Is Broken'

    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. […]

  • Actress Asia Argento speaks about being

    Asia Argento Settled With Sexual Assault Accuser Last Year (Report)

    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. […]

  • Aretha Franklin - American Soul Singer

    Aretha Franklin Funeral, Public Viewing Plans Announced

    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. […]

  • Stan Lee

    Judge Grants Restraining Order to Protect Stan Lee

    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