Thursday, August 6, 2015

Poland’s nc+ holds steady

nc+The Polish DTH platform nc+ ended H1 with 2.1 million post-paid subscribers, down 100,000 on the same period last year.
Its ARPU, at PLN68 (€16.4), was little changed on the PLN67.6 posted a year earlier, while revenues in the first six months of the year were down from PLN1,072 million in H1 2014 to PLN1,041 million this year.
EBITDA for the period was PLN210 million (PLN221 million) and TVN’s share of nc+’s profit amounted to PLN29 million (PLN22 million).
TVN’s revenues in H1 were PLN808 million (PLN798 million in H1 2014) and adjusted EBITDA PLN265 million (PLN262 million). Its net profit was PLN116 million (PLN126 million).
Separately, Christian Anting has been appointed to TVN’s management board with immediate effect.
He will be responsible for all of the company’s digital & e-commerce activities, including online entertainment and OTT services, e-commerce and retail, as well as TVN Ventures, the company’s digital venture arm.
His responsibilities also include TVN’s international channel distribution activities, including the group’s international channels iTVN and iTVNExtra.

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