France's M6 says sales rise on pick up in TV advertising
PARIS Oct 29 (Reuters) - France's second-biggest private broadcaster, M6, posted a 3.7 percent rise in third-quarter sales on Tuesday, helped by a pick-up in advertising across its four channels that ended a period of weak demand.
Revenue was 293 million euros ($403 million) in the three months ended Sept. 30, while ad revenue at M6's main channel swung back to 2.5 percent growth after two declining quarters, the company said in a statement.
It sister TV channels, including W9 and 6ter, grew 7.6 percent in the quarter to reach 41.9 million euros in advertising sales.
"In a TV advertising market that remains soft, the group remains prudent on its sales forecasts and will maintain its investments in programming," the company said. ($1 = 0.7262 euros) (Reporting by Leila Abboud; Editing by Anthony Barker)
- Air strike kills 15 civilians in Yemen by mistake: officials
- North Korea executes leader's powerful uncle in rare public purge |
- Insight: In Yemen, al Qaeda gains sympathy amid U.S. drone strikes
- Twitter backtracks on block feature after users revolt
- Iran angry over U.S. sanctions, nuclear talks interrupted