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Viaplay Turnaround Focused On Core Ops; Flight MH-17 Doc Deal; Anna Torv Cast In ‘Territory’; Locarno Juries — Global Briefs
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deadline.comViaplay Results: Focus On Core Ops Working Slowly Viaplay’s focus on doing what it does best willed out in its latest quarterly results, with total turnover down slightly but turnover in core operations increasing by a similar margin.
Since the exit of former CEO Anders Jensen amidst financial turmoil last year, the Scandi outfit has been focused on making far less original content and supercharging sports rights.
Today, Q2 turnover was shown to have declined a smidgeon to SEK4.49B ($424M), while core turnover rose by a similar amount to SEK4.29B.
In further signs of green shoots a year on from Jensen’s departure, operating income, while still in the red, was only minus SEK70M, compared to minus SEK273M in Q2 2023.
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