French conglomerate and media company Lagardère has upped revenues at its TV channels and programme production and distribution division Lagardère Active. Overall 2010 sales across the division increased 5.9% year-on-year, taking the total to €1.86 billion (US$2.53 billion). Fourth quarter revenues were up 5.8% at €536 million.
Advertising revenue across the channels group, which includes DTT channels Tiji and Canal J among others, increased 6.6%, Lagardère said. The broadcast division with Lagardère Active reported a 6% year-on-year gain in full-year revenues of €489 million.
The Lagardère Entertainment division also sits within Lagardère Active. It comprises TV production and distribution brands including Atlantique, Timoon and EuropeImages and Lagardère said revenues increased 17.4% in the fourth quarter as a large number of programs were delivered. It did not break out the exact revenue figure.
A strong fourth quarter at Lagardère Active lifted overall performance at the French company, which has diverse interests. Across the whole of Lagardère, annual 2010 revenues were €7.96 billion, a 0.9% increase on the total in the previous year.
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23 February 2018 @ 18:01:34 UTC