Total revenues during were fourth quarter 2023 US$1.1 billion, increasing 1% year over year, whereas total revenues in the fiscal year were US$4.5 billion, representing a 10% increase from 2022.
TF1 group's consolidated revenue for 2023 amounted to €2,296.7 million, down 6.7% versus 2022. MYTF1 attracted an average of 27.7 million streamers every month.
French films attracted 37.4 million spectators, generating €234 million in revenues, whereas French programs and series stood out internationally in the same year.
According to GlobalData, Japan's SVoD is expected to increase at a compound annual growth rate (CAGR) of 10.1% from $3.5 billion in 2022 to $6 billion in 2027, driven by the strong growth in SVOD subscriptions and unique households.
Spending on original content has increased faster than European audiovisual sector revenues, while at the same time sports rights spending is increasing sharply, the European Audiovisual Observatory revealed in its latest report.