Italian public broadcaster Rai achieved a balanced net profit for 2023, according to financial statements approved by its Board of Directors. Net debt improved to €568 million compared to the previous year, indicating a sustainable financial position. Despite missing revenue from major sporting events and facing advertising restrictions, overall advertising income grew by more than […]
Rai Way, the tower company owned by Rai, has reported positive financial results for 2023. Revenue grew 10.8 per cent to €271.9 million, adjusted EBITDA increased 19.4 per cent to €180.3 million, and net profit climbed 17.7 per cent to €86.7 million. The Board of Directors has also approved Rai Way’s industrial plan for 2024-2027. […]
The Saudi Cup 2024 – the world’s most valuable horse race – will be shown live by over 30 broadcasters with a reach that targets all corners of the globe for the $20 million contest. Now entering its fifth year, the Group 1 Saudi Cup is established as one of horse racing’s premium international events. […]
At least five million Italians, primarily in mountainous and rural regions, are struggling to access basic TV channels from RAI due to poor or non-existent signals. This represents nearly 10 per cent of the population, according to figures published by the National Union of Mountain Municipalities, Communities and Bodies (Uncem). The organisation points out that […]
The Kollective (6 x 60’) has begun production and today announces its cast. Produced by Submarine (Undone; Apollo 10 ½, Bellingcat: Truth in a Post-Truth World) and created by Leonardo Fasoli (Gomorrah, ZeroZeroZero), Maddalena Ravagli (Gomorrah) and Submarine’s Femke Wolting, the series is commissioned by The European Alliance and will be distributed worldwide by A+E Media Group. Taking audiences around the world from Budapest […]
Italian public broadcaster RAI has finally committed to switching one of its multiplexes to the new DVB-T2 transmission standard on September 1st. This was confirmed by RAI’s technology director, Stefano Ciccotti, during a presentation in Bologna. In addition, the new date is outlined in the new RAI Service Contract recently signed with the Italian government. […]
Italian state broadcaster RAI has announced plans to sell up to 15 per cent of its majority stake in its listed broadcast tower unit, Rai Way. The move, which aims to raise funds for a new three-year business plan, will enable RAI to monetise Rai Way while retaining control. According to the public broadcaster, its […]
Italy’s free satellite platform Tivùsat enjoyed a stellar year in 2023, exceeding forecasts by 10 per cent with 334,000 new activations. The managing director of Italian state broadcaster RAI, Stefano Luppi, highlighted the strong three-year run, with a total of 1.3 million new activations since 2021. According to Luppi, Tivùsat’s success hinges on its unique […]
Italy’s state broadcaster RAI is vigorously lobbying the government to postpone the January 10th 2024 deadline for switching one of its three national DTT multiplexes to DVB-T2. While technically prepared for the transition, RAI general director Giampaolo Rossi is deeply concerned about excluding millions of viewers during the upcoming Euro 2024 football tournament and Paris […]
Rai Italia, the international TV channel of Italian public broadcaster Rai, is expanding to more European countries, including the UK and Spain, where there are large Italian expat communities. This expansion marks a significant step forward for the channel, which already broadcasts to over 40 million homes across 174 countries via satellite, cable, IPTV and […]