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Pressure mounts on Digital+

May 13, 2010 11.22 Europe/London By Julian Clover

Troubled Spanish DTH platform Digital+ continued to haemorrhage subscribers in the first quarter.

The platform, now jointly owned by Prisa, Telecinco and Telefónica, lost another 46,969 subscribers to reach 1.798,845 at the end of March. It is now nine quarters since the Astra/Hispasat-delivered service recorded an increase in numbers.

APRU climbed slightly to €41.8, while the Canal+ Liga pay option remained stable on 700,000 subscribers.

Despite the pressure on numbers Digital+ was able to report increased revenues of €296.94 million and EBITDA of 74.47 million. Its EBITDA margin improved to 25.1% compared to 20.5% in the first quarter of 2009.

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Filed Under: Finance, Newsline, Satellite Tagged With: Digital+, Prisa Edited: 13 May 2010 11:23

About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

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