After more than 40 years of operation, DTVE is closing its doors and our website will no longer be updated daily. Thank you for all of your support.
New shows boost Lagardère Active
The delivery of new shows – notably, season two of Transporteur – le série – helped boost Lagardère Active’s performance in the fourth quarter and delivered a stable year-on-year revenue performance.
The TV division of Lagardère’s media arm turned in a 9.9% uptick in revenues over the course of the year, thanks in part to the Transporter film series spin-off.
Overall, Lagardère Active turned in revenues of €958 million for the full year, down 3.8%, or down 5.4% on a like-for-like basis. The difference was attributed to the positive effect of the acquisition of production outfit Groupe Réservoir and the consolidation of the Gulli channel, offset by the sale of a number of press titles.
Lagardère Active’s performance was pulled down somewhat by the performance of its publishing activities, with magazine revenue down 6.4%. Overall advertising revenue declined by 2.6%, an improvement on the 4.9% fall recorded in the third quarter. However, distribution revenues fell by 7.1%.