In this week’s International TV Newswire: Frédérique Bredin announces she won’t run for another term at France’s National Cinema Center (CNC); Mexican broadcaster Televisa’s profits plummet; …
In this week’s International TV Newswire: Frédérique Bredin announces she won’t run for another term at France’s National Cinema Center ; Mexican broadcaster
’s profits plummet; HBO pre-buys Keshet’s “Our Boys” for Latin America and Europe; Patrick Vien changes roles at A+E; new Greek government re-aligns public broadcasters; and VODs are still under the upcoming 30% European series quota.Over 1992-93, France fought Hollywood. for its powerful French cinema quotas and subsidies – part of its so-called cultural exception – to be excluded from the Gatt round of trade talks, liberalizing commerce. France won.
Company reported a 919.1 million peso net profit for the period, down from 4.3 billion pesos during the same time frame in 2018. Net sales plunged by 9% to 24.3 billion pesos from 26.7 billion pesos in the same quarter last year. “Televisa said its 2018 results were boosted by the World Cup, creating a difficult comparison for the quarter,” noted Laura Aguilera, a senior research analyst at IHS Markit, who also observed that Televisa’s recent five-year term loan of 10,000 million pesos from a raft of banks was “not indicative of trouble necessarily; the money can be used for many things, including refinancing existing debt.
In a conference call with investors, Grupo Televisa co-CEO Alfonso de Angoitia said, “We knew the first half of the year would be challenging,” but Televisa expected a turnaround during the second half, fueled by double-digit growth in cable and the modernization of its content.HBO’s European and Latin American branches have pre-purchased Keshet International’s HBO co-production “Our Boys.” The series’ ten episodes will broadcast on Aug 12 in the U.S.
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