Notícias

Viaplay Results: Focus On Core Ops Working Slowly

Viaplay’s focus on doing what it does best willed out in its latest quarterly results, with total turnover down slightly but turnover in core operations increasing by a similar margin. Since the exit of former CEO Anders Jensen amidst financial turmoil last year, the Scandi outfit has been focused on making far less original content and supercharging sports rights. Today, Q2 turnover was shown to have declined a smidgeon to SEK4.49B ($424M), while core turnover rose by a similar amount to SEK4.29B. In further signs of green shoots a year on from Jensen’s departure, operating income, while still in the red, was only minus SEK70M, compared to minus SEK273M in Q2 2023. Jensen’s replacement as CEO, Jørgen Madsen Lindemann, said “our focused focused work to retransform Viaplay Group is progressing, with substantial changes being made across the business,...

Danish telecoms firm Tdc has called off its plans to acquire Modern Times Group’s Nordic group, which includes a raft of channels and production and distribution assets.

The move comes after the Danish firm itself received a takeover bid last week from Australia’s Macquarie Infrastructure and pension firm Pfa, Atp and Pka.

It means that the high-profile $2.5B merger of Tdc and Mtg Nordics, which includes the Viasat pay and free TV channels in Sweden, Denmark, Norway and Finland, SVOD service Viaplay, the Nice Entertainment production studio and distribution division Drg, has been cancelled.

The deal had already been approved by Mtg’s largest shareholder Kinnevik and was expected to be completed during the second half of 2018. The companies had announced that Pernille Erenbjerg, who is currently CEO of Tdc Group, the largest telco in Denmark, would become CEO of the combined company with Mtg Executive Vice President Anders Jensen becoming Deputy CEO.