|Bid||10.880 x 10000|
|Ask||11.290 x 15000|
|Day's Range||12.280 - 12.500|
|52 Week Range||8.300 - 13.425|
|PE Ratio (TTM)||22.52|
|Earnings Date||Feb 14, 2018 - Feb 19, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||12.75|
Formula One announced a limited three-year free-to-air deal with France's TF1 television on Wednesday that will include the broadcaster's home race next year as well as the showcase Monaco Grand Prix. "The agreement will commence at the beginning of the 2018 championship and TF1 will show four Formula One Grand Prix races in exclusivity on free-to-air in their entirety," Formula One said in a statement.
British pay-TV rivals Sky and Liberty Global's Virgin Media will team up to offer advertisers access to more than 30 million TV viewers in Britain and Ireland. The partnership, which covers both broadcast and video on demand (VOD) advertising, will make use of Sky's AdSmart targeted advertising platform as well as Liberty Global's technology, Sky said.
European broadcasters TF1 , ProSiebenSat.1 and Mediaset plan to set up a joint trading platform for digital video advertising to appeal to media agencies planning continent-wide campaigns. The joint venture, named European Broadcaster Exchange, will be based in London, Germany's ProSieben said in a statement on Friday, without disclosing financial terms. ProSieben said the market for programmatic video advertising is growing 45 percent per year in Western Europe.
Mediawan, set up by some of France's biggest media investors to challenge giants like Netflix, is set to become the country's second biggest pay TV player through a proposed purchase of French TV and content specialist Groupe AB. French TV group TF1 would sell its 33.5 percent stake in Groupe AB to Mediawan as part of the deal. The company was set up by Pierre-Antoine Capton, founder of French media producer 3e Oeil Productions, and Xavier Niel and Matthieu Pigasse, co-owners of Le Monde newspaper and L'Obs magazine.
Broadcaster Mediaset expects a 17-fold increase in its Italian operating profit by 2020 by completely rethinking the strategy of its pay-TV arm Premium after a deal to sell the unit to France's Vivendi fell through. The two companies have been at loggerheads since July when Vivendi ditched an agreement to take control of Mediaset's pay-TV unit, Premium, and give the two companies shareholdings in each other. The spat was aggravated by Vivendi's stake-building in December which made it the second-largest shareholder in the Milan-based TV group with a stake of 28.8 percent.
Three European broadcasting giants are joining forces to accelerate a push into online video, seeking scale as global internet services such as YouTube pull audiences and advertisers to the web.