TVB's TV Channels Log 79% Market Viewership Share, Boost in Income

MT Newswires Live07-22

Television Broadcasts or TVB's (HKG:0511) terrestrial free-to-air TV channels, including Jade and TVB News among others, achieved a 79% market share of viewership during the quarter ended June 30, a Monday bourse filing stated.

Advertising income from the channels grew during the three months, with overall income from advertisers logging a double-digit percentage boost from a year prior.

The broadcasting company's OTT streaming business grew during the quarter, with premium myTV Gold subscribers up 4% from a year prior.

Average monthly active users across all service tiers remained at approximately 2 million.

Price (HKD): $3.07, Change: $-0.01, Percent Change: -0.32%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment