Search results for revenues

The company presented its Q3 2024 financial results, showing varied performance across business segments amid continued challenges in the media industry.

In 2022, performing rights organizations paid out €3.55 billion in royalties from TV and radio broadcasts globally, an 11.4% increase from 2021. Evan Buist, Founder and Managing Director at Melodie, discusses the company's "Royalty Partnership" model.

Over 71% of audiovisual revenues come from television, the most robust media platform. Last year, the country saw a surge in productions for young audiences.

Full 2023 revenues topped £1 billion for the third consecutive year, representing a resilient performance in a year of significant advertising downturn. Digital revenues increased 10% to £280 million, accounting for 27% of total revenues.

The latest Pact Census revealed the sector experienced a contraction in 2023, coming from a record year in 2022, but remained above pre-pandemic levels.