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Entertainment Production

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Alibaba Pictures Group Sees HY Net Loss Attributable Reduce By About 55% To 60%

Wednesday, 21 Oct 2020

Oct 21 (Reuters) - Alibaba Pictures Group Ltd <1060.HK>::EXPECT UNAUDITED REVENUE FOR SIX MONTHS WILL DECREASE BY ABOUT 35% TO 40%.SEES NET LOSS ATTRIBUTABLE REDUCE BY ABOUT 55% TO 60% FOR SIX MONTHS.REMAINS OPTIMISTIC ABOUT GROWTH OF VARIOUS BUSINESS SEGMENTS FOR H2 OF 2020/2021.EXPECTED DECREASE IN REVENUE DUE TO SIGNIFICANT DECREASE OF ABOUT 70% IN REVENUE FROM INTERNET-BASED PROMOTION, DISTRIBUTION SEGMENT.EXPECTED REDUCTION IN NET LOSS DUE TO DECREASE OF ABOUT 90% IN SELLING & MARKETING EXPENSES.

Vivendi Not Surprised By Mediapro's Difficulties In Paying French Soccer Rights-CEO

Tuesday, 20 Oct 2020

Oct 20 (Reuters) - :VIVENDI CEO SAYS GROUP IS NOT SURPRISED BY CURRENT DIFFICULTIES FACED BY SPANISH GROUP MEDIAPRO IN PAYING FRANCE'S SOCCER RIGHTS.VIVENDI CEO SAYS GROUP CLOSELY MONITORING SITUATION ON FRENCH SOCCER BROADCASTING RIGHTS.

Vivendi Q3 Revenue Up At EUR 4.02 Bln; Plans UMG IPO For 2022

Tuesday, 20 Oct 2020

Oct 20 (Reuters) - VIVENDI ::IS PURSUING ITS PLAN TO SELL ADDITIONAL MINORITY INTERESTS IN UMG.ON UNIVERSAL MUSIC GROUP: IPO IS PLANNED FOR 2022.VIVENDI SAYS ON HAVAS: ADVERTISING MARKET IS PICKING UP, ALBEIT TO DIFFERENT DEGREES DEPENDING ON REGION AND SECTOR, EVEN IF IT REMAINS HIGHLY VOLATILE.DURING FIRST NINE MONTHS, NET FINANCIAL DEBT FELL BY EUR 926 MILLION TO €3,138 MILLION AS OF SEPT 30.ON OCTOBER 19, 2020, VIVENDI OWNED 28.3% OF THE SHARE CAPITAL AND 21.5% OF THE VOTING RIGHTS OF LAGARDÈRE SCA.VIVENDI SAYS HAVAS GROUP REPORTED Q3 ORGANIC NET REVENUE DECLINE OF -10.4%.Q3 REVENUE EUR 4.02 BILLION, UP 1.3% Y/Y.UNIVERSAL MUSIC GROUP Q3 REVENUE UP 3.0% Y/Y.CANAL+ Q3 REVENUE UP 7.3% Y/Y.

Financiere De L'Odet Q3 Revenue Down At 5.92 Billion Euros

Tuesday, 20 Oct 2020

Oct 20 (Reuters) - FINANCIERE DE L'ODET SE ::Q3 REVENUE FELL 3 PERCENT TO 5.915 BILLION EUR.

Esun Holdings Ltd Says FY Turnover From Continuing Operations Hk$929.2 Mln Versus Hk$1.45 Bln

Tuesday, 20 Oct 2020

Oct 20 (Reuters) - Esun Holdings Ltd <0571.HK>::FY TURNOVER FROM CONTINUING OPERATIONS HK$929.2 MILLION VERSUS HK$1.45 BILLION .FY LOSS FROM CONTINUING OPERATIONS HK$1.00 BILLION VERSUS LOSS HK$347.7 MILLION.

Cinedigm Reports Agreement To Acquire The Film Detective

Monday, 19 Oct 2020

Oct 19 (Reuters) - Cinedigm Corp ::CINEDIGM ANNOUNCES AGREEMENT TO ACQUIRE STREAMING ENTERTAINMENT CONTENT COMPANY THE FILM DETECTIVE.CINEDIGM CORP - DEAL WILL EXPAND CINEDIGM'S STREAMING PORTFOLIO WITH ADDITION OF 3,000 TITLES.CINEDIGM CORP - ACQUISITION WILL BRING TWO NEW LINEAR STREAMING CHANNELS, FILM DETECTIVE & LONE STAR, TO CO.CINEDIGM CORP - PLANS TO EXPAND DISTRIBUTION OF FILM DETECTIVE'S TWO CURRENT CHANNELS ACROSS ITS NETWORK.

Media Asia Group Sees FY Consolidated Loss Of Group To Increase Significantly

Thursday, 15 Oct 2020

Oct 15 (Reuters) - Media Asia Group Holdings Ltd <8075.HK>::CONSOLIDATED LOSS OF GROUP FOR YEAR IS EXPECTED TO INCREASE SIGNIFICANTLY.EXPECTED RESULT DUE TO IMPAIRMENT LOSS OF RIGHT-OF-USE ASSETS AND PROPERTY, PLANT AND EQUIPMENT.

Pantaflix H1 EBIT Loss Narrows To EUR 4.3 Million

Thursday, 15 Oct 2020

Oct 15 (Reuters) - Pantaflix AG ::H1 REVENUES DECREASE TO EUR 4.9 MILLION (H1/2019: EUR 14.5 MILLION).SUSPENDED PRODUCTION ACTIVITIES CONTINUED AND COMPLETED DURING H2/2020.H1 EBITDA AMOUNTED TO EUR -3.3 MILLION FOR FIRST HALF OF 2020 (H1/2019: EUR -1.1 MILLION).H1 EBIT IMPROVED TO EUR -4.3 MILLION COMPARED TO EUR -6.3 MILLION IN FIRST HALF OF PREVIOUS YEAR.EXPECTS A SIGNIFICANT DECLINE IN REVENUES FOR FISCAL YEAR 2020 DUE TO COVID-19 PANDEMIC.SIGNIFICANT IMPROVEMENT IN OPERATING RESULT (EBIT), EXPECTED NEGATIVE ALSO FOR 2020, IS FORECASTED..

MM2 Asia Sees Material Decline In Profits For 1HFY2021

Thursday, 15 Oct 2020

Oct 15 (Reuters) - MM2 Asia Ltd ::SEES A MATERIAL DECLINE IN PROFITS FOR 1HFY2021.EXPECTED RESULT MAINLY DUE TO OUTBREAK OF COVID-19 WHICH IMPACTED ADVERSELY GROUP'S FOUR SEGMENTS.

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