Mediaset returns to profit in 2013
Italian commercial broadcaster Mediaset returned to net profit of €8.9 million in 2013, compared with a loss of €282.1 million the previous year, as a result of cost cutting measures. Consolidated net revenue was €3.4 billion (€3.7 billion in 2012), with positive EBIT of €246.3 million, compared to a negative €35.4 million in 2012. Earnings […]