MTV has improved its results
MTV has improved its results in an economic environment that has been difficult for some time.
MTV has managed to improve its results by implementing structural changes and cost savings whilst the economic situation in Finland continues to be challenging. The company sold its radio business, and Nova was taken over by Bauer Media in late 2015. MTV's turnover in 2015 was EUR 230 million (EUR 248 million) with an operating profit of EUR -3.2 million (EUR -4.6 million). At the end of 2015, the number of employees stood at 303 (389).
Bonnier Broadcasting’s EBITA amounted to SEK 417 million, which is less than that of 2014, SEK 589 million. MTV Oy's result is part of Bonnier Broadcasting's result.