French media company TF1 Group has reported a Q4 profit of €64 million, down from €67.8 million a year ago.
Total Q4 revenue was €658.3 million, down from €636 million year on year.
During its earning call, TF1 confirmed its ambition to deliver growth in revenue from activities other than advertising on its 5 unencrypted channels. The “other acitivites” are expected to account for at least one third of consolidated revenue in 2019.
This summer, TF1 will carry exclusive coverage (in France) of 28 matches from the football World Cup in Russia.