TV Channel Revenues in Europe: Table of Contents

This report covers European revenues for 225 international channels/networks for 11 major groups. Excluding premium channels, this report reveals where each international group is strongest and which are the most influential groups overall. Furthermore, the report forecasts revenues (both from carriage fees and from advertising) for eight European regions for every year from 2011 to 2018.

The estimates and forecasts in this report have been prepared using an analysis of a database of hundreds of financial records for individual channels, channel groups and corporate parents. The figures have then been stress tested against peer group data, as well as channel distribution figures in terms of subscribers, homes and platforms.

Published in October 2013, this 86-page PDF-delivered report comes in four parts:

 Methodology  Executive summary and forecasts overview analysis  Channel group forecasts  Country/regional forecasts.

TV Channel Revenues in Europe

Revenue forecasts cover each of these groups (2011-2018):

AETN 13th Street CNBC BBC non-news E! BBC World News Kidsco BBC Total SyFy Universal Channel Chello NBC Universal Total

Discovery Pay Sony Discovery FTA Discovery Total Turner children's CNN Disney channels Turner movies & series Turner Total Eurosport Comedy Central Fox channels Nickelodeon National Geographic Viacom music Fox Total Viacom Total

Broken down by each of these regions (2011-2018):

Dutch-speaking Europe carriage fees Italy carriage fees Dutch-speaking Europe ad revenues Italy ad revenues Dutch-speaking Europe total Italy total

Eastern Europe carriage fees Scandinavia carriage fees Eastern Europe ad revenues Scandinavia ad revenues Eastern Europe total Scandinavia total

French-speaking Europe carriage fees Spain/Portugal carriage fees French-speaking Europe ad revenues Spain/Portugal ad revenues French-Speaking Europe total Spain/Portugal total

Germany/Austria/Switzerland carriage fees UK/Ireland carriage fees Germany/Austria/Switzerland ad revenues UK/Ireland ad revenues Germany/Austria/Switzerland total UK/Ireland total

Europe carriage fees Europe ad revenues Europe revenues

TV Channel Revenues in Europe

International channels to earn $5.5 billion by 2018

Viacom ($749 million) will reap the highest revenues of any international channel group in Europe in 2013, according to a new report from Digital TV Research. Covering 225 international channels/networks from 11 groups, the TV Channel Revenues in Europe report estimates that Viacom will be followed by Eurosport ($651 million) and Discovery ($620 million).

Revenues for Europe’s top pay TV channels by group in 2013 ($ million)

AETN, 111 BBC, 170

Viacom, 749 Chello, 254

Discovery, 620 Turner, 396

Sony, 138 Disney, 491 NBC Uni, 330

Fox, 420 Eurosport, 651

Source: Digital TV Research

Viacom will remain the largest channel group (growing to $975 million in 2018), again followed by Eurosport ($801 million) and Discovery ($772 million) – (although Discovery and Eurosport may have merged operations by then).

Nicholas Moncrieff, report author, said: “The recession has hurt some regions more than others. The UK is buoyant overall, but no growth is expected in Spain & Portugal and Italy until next year. The estimates and forecasts in this report have been prepared using an analysis of a database of hundreds of financial records.”

Total revenues for Europe’s top pay TV channels reached $4.21 billion in 2012, and will grow by 31% to $5.52 billion by 2018. Although it provides the bulk of the total, carriage fee revenue growth is slowing as markets mature. Carriage fee revenues will climb by 14.1% from $2.91 billion in 2012 to $3.32 billion in 2018. Advertising revenues will increase by 69% from $1.30 billion in 2012 to $2.20 billion by 2018.

The UK and Ireland combined are the largest country group. Perhaps more surprising to some is that Eastern Europe is already the second largest region, and it is expected to gain ground on the UK & Ireland over the next five years.

TV Channel Revenues in Europe

Revenues for Europe’s top pay TV channels by source ($ million)

6,000

5,000 2,202 4,000 1,303 1,363 3,000

2,000 2,909 2,970 3,321 1,000 0 2012 2013 2018

Carriage fees Advertising

Source: Digital TV Research