NextRadioTV: bounce radio and TV business in the third quarter

NextRadioTV : rebond de l’activité radio et TV au troisième trimestre

The media group announced a rebound NextRadioTV sales of its radio and television clusters in the third quarter, an increase not deemed sufficient to offset the downturn in the group over the first nine months of the year.

next radio tv The group, owner of radio station RMC and BFM and BFM-TV television channel, has published a turnover of 82.9 million at September 30, down 3% over the same period the last year.

The cluster radio, which provides about half of group revenues, declined by 4% to 39 million euros in the first nine months of the year but up 7% in the third quarter alone.

"The outlook for 2010 assuming a stable economic situation: RMC should benefit from its successful audience, a packed year of sporting events and the liberalization of paris online," said in a statement.

"Stabilization of the financial environment and the expected return of market operations should have a favorable impact on BFM Radio," he added.

The pole saw TV for its turnover increase by 68% in third quarter.

The media center computer 01 has experienced the largest decrease of activity of the group, with a drop of 24% over the first nine months of the year.

"Signs of improvement in the advertising market both on the web that the newspaper industry" high tech "reinforces the goal of operating profitability for the year 2010 to 01, nevertheless the group said.

The action NextRadioTV closed down 0.34% to 14.75 euros, giving a market capitalization of approximately 250 million euros against 560 million for its competitor NRJ Group.

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