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NENT changes reporting structure from Q2 after Viasat Consumer spin-off, lifts Viaplay intake target

2020-06-26 09:42:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment Group (NENT) has announced changes to its financial reporting structure from the second quarter and has raised its Viaplay subscriber intake target for 2020 to 600,000.  It will report four net sales categories, namely Viaplay, Other Subscription, Advertising, Studios & Other. NENT added that all the remaining rights costs for the restarted football league seasons will be expensed in the second quarter.

Tags: structure target consumer reporting

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