Elisa

• Revenue in Q4 for Finnish Elisa was at the same level as previous year’s level, EUR 563m, due to divestments and lower equipment sales.
• EBITDA grew by 3.4% in Q4, equivalent to EUR 6M, resulting in an EBITDA of EUR 191M.
• Elisa’s mobile service revenue increased by 4.4% YOY, to EUR 244M.
• Full-year revenue for 2024 is estimated to be same level or slightly higher than in 2023, with both mobile data and digital services expected to increase in revenue.

Tele2

• Tele2’s end-user service revenue increased by 3% organically YOY to SEK 5.4 billion in Q4.
• Total revenue of SEK 7.7 billion which is an increase of 2% compared to Q4 2022.
• Underlying operating profit (ebitda-al) of SEK 2.6 billion increased by 4% organically YOY, mostly driven by end-user service revenue growth which was partly offset by inflationary pressures. An ebitda-al of SEK 2,581 million was expected, according to Infront.
• Tele2 delivered full year results for 2023 in accordance with guidance.
• The company announced the launch of a strategy execution program including SEK 600 million of cost reduction in three years.

Telia

• Telia’s fourth quarter results was generally in line with the expectations from analysts.
• Adjusted EBITDA result of SEK 7.5 billion was 1% slightly higher than analysts’ expectations, while the revenue of SEK 23.1 billion was -1%, slightly lower than analysts’ expectations.
• Telia’s TV and Media segment was challenged by further weakening in advertising markets. A 14% decline in advertising revenue during Q4 was partly offset by 6.5% growth in pay TV revenue.
• Two days prior the presentation of the Q4 report, Telia announced that the company had made non-cash-flow write-downs of SEK 4.1 billion relating to operations in Finland and TV and media, which affect the fourth quarter results.

Regarding the recent rumors of a possible sale of TV4, Telia’s CEO Allison Kirkby answered: “We never speculate on such rumors in the market. And I have been very clear that we are fully focused on making our television and media business better for our viewers, advertisers and owners moving forward”.

There are many Q4 reports to come from the media industry in the upcoming weeks, stay tuned!

On January 12th, Netflix premiered its first Nordic reality series; Love is Blind Sweden. The series is a social experiment where singles seek true love and eventually propose to each other – without ever seeing the person. So far, Love is Blind Sweden seems to be a success. The series made the Netflix’s global top 10 list for TV (Non-English) two weeks in a row after the premiere, peaking at number 7.

Netflix was one of the first global streaming services to invest in local content in the Nordic region, but until now, the focus has been on fiction series and movies. Mediavision’s Content Analysis shows that Netflix is the Nordic local services’ main challenger when it comes to local produced content. Among the global streaming services, Netflix has the largest Nordic content library and is also the global service that the Nordic consumers rank highest in local content

Illegal affär kostar filmindustrin miljarder – Dagens PS

Marie Nilsson: ”Mycket tycks peka åt rätt håll 2024” – Dagens Media

Var fjärde svensk strömmar olaglig tv – SVT

Kan bli det store gjennombruddet for denne typen TV-abonnement – Kampanje

Nordisk tv- og streamingmarked nærmer sig milepæl for omsætning – Mediawatch

Report: Nordic video market approaching €10bn in revenue – Advanced Television

Streaming subs in Nordics approach 20 million – C21 Media

Mediavision: Digitala ljudtjänster tar andelar på ljudmarknaden – Radionytt

Return of media piracy fuelling other crimes, expert says – Yle

Krisen i tv-branschen fortsätter – nu ökar piratkopieringen – Aftonbladet