SBS ups Q1 revs, reduces losses

TV, radio sales increase

AMSTERDAM — SBS Broadcasting upped revs 22% to E141 million ($172 million), an increase of $31 million, and cut its losses by more than half to $4.7 million in the first quarter.

TV revs at the pan-European broadcaster’s rose 7% from $129.4 million to $138.3 million, while net radio revs rose 36% to $14.1 million from $10.4 million.

Print holdings Veronica and Satellite magazine, acquired last year in Holland, reported revenues of $17.7 million.

SBS acquired Veronica, a print and radio guide that is the largest-circulation weekly mag in the Netherlands, when it picked up most of the assets of the Veronica Holding last year.

Intent at the time was to use the name Veronica, considered a valuable brand in Holland, for one of its channels, V8, which relaunched in the fall with the new handle.

More Biz

  • Jack Ma Alibaba

    Alibaba Looking at Expansion in Advertising, Media Sectors

    AMSTERDAM — SBS Broadcasting upped revs 22% to E141 million ($172 million), an increase of $31 million, and cut its losses by more than half to $4.7 million in the first quarter. TV revs at the pan-European broadcaster’s rose 7% from $129.4 million to $138.3 million, while net radio revs rose 36% to $14.1 million […]

  • Mandatory Credit: Photo by AP/REX/Shutterstock (9178399b)Hillary

    Hillary Clinton Talks Russia, Trump, Putin and Midterm Elections at NYC Festival

    AMSTERDAM — SBS Broadcasting upped revs 22% to E141 million ($172 million), an increase of $31 million, and cut its losses by more than half to $4.7 million in the first quarter. TV revs at the pan-European broadcaster’s rose 7% from $129.4 million to $138.3 million, while net radio revs rose 36% to $14.1 million […]

  • Richard Simmons

    Prosecutors Charge Private Eye With Illegal Spying on Richard Simmons

    AMSTERDAM — SBS Broadcasting upped revs 22% to E141 million ($172 million), an increase of $31 million, and cut its losses by more than half to $4.7 million in the first quarter. TV revs at the pan-European broadcaster’s rose 7% from $129.4 million to $138.3 million, while net radio revs rose 36% to $14.1 million […]

  • Lionsgate General Counsel Left Amid Allegations

    Lionsgate General Counsel Left Amid Allegations of Sexual Abuse

    AMSTERDAM — SBS Broadcasting upped revs 22% to E141 million ($172 million), an increase of $31 million, and cut its losses by more than half to $4.7 million in the first quarter. TV revs at the pan-European broadcaster’s rose 7% from $129.4 million to $138.3 million, while net radio revs rose 36% to $14.1 million […]

  • 'Hammerhead' Takes Top Honors at New

    'Hammerhead' Takes Top Honors at New York Television Festival

    AMSTERDAM — SBS Broadcasting upped revs 22% to E141 million ($172 million), an increase of $31 million, and cut its losses by more than half to $4.7 million in the first quarter. TV revs at the pan-European broadcaster’s rose 7% from $129.4 million to $138.3 million, while net radio revs rose 36% to $14.1 million […]

  • Radiohead Coachella

    Radiohead Demands Answers in Drum Technician's Death

    AMSTERDAM — SBS Broadcasting upped revs 22% to E141 million ($172 million), an increase of $31 million, and cut its losses by more than half to $4.7 million in the first quarter. TV revs at the pan-European broadcaster’s rose 7% from $129.4 million to $138.3 million, while net radio revs rose 36% to $14.1 million […]

More From Our Brands

Access exclusive content