TS News - Premiere To Break Even

TELE-satellit News, 19 December 1996

Premiere To Break Even
  MUNICH, Germany, 96/12/18 (SatND) -- Germany's one and only analog pay-TV
channel, premiere, has announced it will break even this year following a
30 percent surge in revenues. Next year, profits are expected to surpass
the DM10-million mark even though further investments of some DM100 million
are planned.

  Recently, premiere recorded more than 100,000 new subscribers within a
period of six weeks. It is of course by no means unusual that such services
attract many subscribers during the Christmas season. And even though
premiere's subscriber base now is at an all-time high of 1.4 million, it
still is just a negligible percentage of Germany's 32.7 million TV households.

  By: Peter Klanowski
  Source: Sat-ND

(c)TELE-satellit 1996. All rights reserved.

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