Seven West Media EBITDA and profit slide in first half of FY19
Seven West Media has reported a decline in earnings and profit for the first half of fiscal year 2019, despite revenue gains.
Earnings before interest, tax, depreciation and amortisation (EBITA) fell 8.8% to $161.5m for the six months to 2018, down from last year’s $176.8m.
Worner said the business had met its promises for higher ratings and a higher revenue share in television
“Our acquisition of the cricket rights, at a lower cost per hour than the tennis”
HAHAHAHAHA thats a great way to spin it!
Can we talk about the sackings at Bauer instead? Blood has been spilled at NW and OK. Yikes. Mumbrella, get on the blower STAT.
Where in the reporting do they account for media agency rebates?
If no div I hope swm know what the consequences of that are,for shareholders major sell off !!!