TF1 revenue up 5.8% in '06
EmptyPARIS -- French broadcaster TF1 ended 2006 with a 5.8% increase in consolidated revenue, boasting a full-year profit of €2.7 billion ($3.5 billion), the company announced Thursday.
Net advertising on the TF1 channel was up 3.7% at €1.7 billion ($2.2 billion) for a total market share of 54.8%, a 0.4% increase from the previous year.
TF1's other activities remained strong in 2006, with a 9.9% growth compared to 2005 thanks to solid performances from the company's subsidiaries.
The Teleshopping Group saw a 23.5% increase from 2005, thanks to developments in its Internet activity.
TF1's other thematic channels witnessed a 14% growth in advertising revenue. Revenue at TF1 International, the company's international distribution arm, increased by 12% on the back of strong theatrical performances from "The Departed" and "Priceless."
Eurosport International's revenue was up 6.4% due in part to a 4.8% increase in the number of households subscribing to the channel. Full year financial statements for 2006 will be published Feb. 20.