TMG financial year 2015
Revenue growth and increased profitability
Tele München Gruppe (TMG) achieved one of its best results in recent years with total revenues exceeding EUR 236 million and EBITDA of EUR 56 million (24 % margin) in financial year 2015.
In its core business of licensing, the company again saw its revenue rise in comparison with financial year 2014. This can partly be attributed to various deals with the largest German TV networks involving many top titles like SPECTRE, THE 100-YEAR-OLD MAN WHO CLIMBED OUT THE WINDOW AND DISAPPEARED and the outstanding international miniseries THE NIGHT MANAGER. Another positive development is the continuing rapid growth of video on demand. Agreements were concluded with all important market participants, including Amazon, Netflix, Maxdome and Google.
Revenue from theatrical distribution was lower than in the prior year due to the postponement of several releases. However, Concorde Filmverleih, currently the No. 1 independent distributor again, was able to bring some of the most successful films to the cinema screen during 2015, among them THE DIVERGENT SERIES – INSURGENT, LA FAMILLE BÉLIER and THE LAST WITCH HUNTER. Concorde Home Entertainment achieved a favorable result with the release of SAPPHIRE BLUE, which remained for three consecutive weeks in the Top 3 of the DVD sell-through charts.
In the segment of broadcasting, both TELE 5 and RTL II maintained their market shares in 2015 while significantly boosting their income year-on-year.
With MET IM KINO, the successful continuation of live broadcasts from the New York Metropolitan Opera, Clasart Classic generated yet another growth in revenue. With 188 participating theaters in Germany and Austria, Clasart Classic achieved top results. Verdi's IL TROVATORE, drew almost 37,000 fans to cinemas in Germany and Austria with one single performance on October 3, 2015.
Not taken into account in EBITDA are the investments in the television broadcasters RTL II and ATV, as well as the holding in Odeon Film AG.