Note on figures: All financials are reported in Argentine pesos under NIC 29 (hyperinflationary economy accounting), inflation-adjusted to December 2025 values. Argentina’s annual inflation rate was 31.5% in 2025, down from 117.8% in 2024. Year-on-year comparisons must be read with caution. After two consecutive years of losses, Grupo Clarín returned to profitability in 2025 with…
Financial Performance in 2025 Lagardère posted its strongest financial results in years in 2025. Group revenue reached €9.35 billion, up 4.6% on a reported basis and 3.8% on a like-for-like basis, stripping out currency effects and acquisitions. Recurring EBIT, the group’s headline profit measure, hit a record €641 million, an 8.1% increase year-on-year. Profit attributable…
ITV’s full-year 2025 results tell the story of a broadcaster in managed decline on its traditional revenue lines but with genuine momentum on the digital side, a balance the company frames as transformation rather than contraction. Group total external revenue rose by a modest 1% to £3.51 billion, while total group revenue was flat at…
Spanish media and education group PRISA closed 2025 with broadly stable revenues but declining profitability, reflecting currency pressures, restructuring costs and the continued structural challenges facing the media sector. Group operating revenues reached €904 million in 2025, down slightly from €920 million in 2024 (–2%). Adjusted for exchange-rate effects, however, revenues actually increased by about 3%, highlighting the strong…
Sanoma’s 2025 results illustrate a company navigating two very different markets at once: a mature national media business facing structural advertising pressure and a pan-European educational publishing division benefiting from rising margins and cyclical curriculum demand. Group net sales fell 3% to €1,302.5 million, with both operating segments declining modestly. The decrease reflects a combination of…
Warner Bros. Discovery entered 2025 facing the central dilemma of the modern media conglomerate: its traditional television business remains highly profitable but is shrinking quickly, while its long-term future increasingly depends on streaming and digital distribution. The company reported $37.3 billion in total revenue in 2025, down from $39.3 billion in 2024, reflecting continued contraction across the…
Entravision Communications Corporation is the largest affiliate group of TelevisaUnivision’s Univision and UniMás television networks in the United States and one of the country’s largest operators of Spanish-language radio stations. Founded in 1996 and listed on the New York Stock Exchange under the ticker EVC, the Burbank, California-based company built its identity around a relatively…
Sinclair, Inc., the Hunt Valley, Maryland-based broadcaster that operates or services 179 television stations across 81 US markets, posted a net loss of $112 million in 2025, swinging sharply from net income of $310 million in 2024. Total revenue fell 11% to $3,169 million. The story, however, is almost entirely about one line item: political…
TF1 Group’s full‑year results for 2025, published on 12 February 2026, capture a business at an inflection point. The headline numbers show resilience under pressure: consolidated revenue fell 2.5% to €2,297 million, yet on a like‑for‑like basis and at constant exchange rates the decline was just 0.8%. Adjusted for portfolio disposals, notably the sale of…
Reach published its full‑year 2025 results on 3 March 2026. On an adjusted basis, the headline numbers showed a business holding its ground: adjusted operating profit rose 2.4% to £104.7 million, adjusted operating margin increased from 19.0% to 20.2%, and adjusted operating costs fell 5.2%, outperforming a 4–5% reduction target. The total dividend was maintained…