PHOENIX TV: OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024 BY A LISTED SUBSIDIARY - PHOENIX NEW MEDIA LIMITED
Roland Berger: The growth of the entertainment and media industry in Hong Kong is expected to slow to 2.3% this year, with the OTT market becoming popular while print media fades.
PwC's "Global Entertainment and Media Outlook 2024-2028" predicts that the revenue of the entertainment and media industry in Hong Kong increased by 4.5% last year, with the market size expected to slow to 2.3% in 2024, reaching $12.87 billion. The compound annual growth rate from 2024 to 2028 is projected at 2.06%, with revenue expected to reach $14 billion in 2028. In the OTT market, Hong Kong has experienced rapid growth in the past two years, reaching $0.371 billion in 2023. It is expected that this market will continue to expand at a compound annual growth rate of 5.7% and reach $0.491 billion by 2028.
PHOENIX TV: 2024 INTERIM REPORT
Phoenix Media Investment Widens H1 Loss by 43%
Phoenix TV (02008) announced its interim results, with a net loss attributable to owners of approximately HKD 0.184 billion, a year-on-year increase of 42.8%.
Phoenix TV (02008) announced its mid-term performance for 2024, with revenue of approximately HK$1.043 billion, compared to the same period last year...
Phoenix TV (02008.HK) widened its half-year loss to 0.184 billion yuan in performance.
Phoenix TV (02008.HK) announced its interim results ending in June this year, with revenue of 1.043 billion yuan, down 8% year-on-year. The loss expanded to 0.184 billion yuan, compared to a loss of 0.129 billion yuan in the same period last year; loss per share was 36.94 cents. No dividends will be distributed. (vc/u)~
PHOENIX TV: ANNOUNCEMENT OF UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Phoenix TV (02008): Ding Wei was appointed as a non-executive director.
Phoenix TV (02008) announced that starting on August 16, 2024: (1) Sun Guangqi resigned as the company's non-executive director...
Phoenix New Media's Attributable Loss Narrows in Q2
Phoenix TV (02008.HK): Phoenix New Media's total revenue in the second quarter was 0.168 billion yuan.
On August 14th, Glorious Times reported that Phoenix TV (02008.HK) released an announcement and Phoenix New Media published the unaudited financial report for the second quarter of 2024. The total revenue for the second quarter of 2024 was RMB 0.1683 billion yuan (approximately USD 23.2 million), a decrease of 6.6% from the same period in 2023, mainly due to year-on-year declines in advertising revenue and paid service revenue. The advertising net revenue for the second quarter of 2024 was RMB 0.1547 billion yuan (approximately USD 21.3 million), a decrease of 4.4% from the same period in 2023.
PHOENIX TV: OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024 BY A LISTED SUBSIDIARY - PHOENIX NEW MEDIA LIMITED
The communication bureau has relaxed local free and paid television regulations, allowing for the provision of real-time news information in designated types of programs.
On the 15th, the Office of the Communications Authority announced that it has decided to relax the regulations on displaying non-program materials in local free and pay TV programs, allowing licensed institutions to decide whether to provide real-time news information in their programs based on their program production and arrangements. In June this year, the Communications Authority received an exemption application submitted by Television Broadcasts Limited (00511.HK) to display news headlines in designated programs, including current affairs programs, documentaries, information programs, and entertainment programs with subtitles on Phoenix TV Hong Kong Channel. The authority noted the increasing popularity of real-time information and the audience's interest in such information.
China GreatWall Technology Group (000066.SZ) has not yet cooperated with Phoenix TV and other related media.
China Greatwall Technology Group (000066.SZ) stated on the investor interaction platform on July 12th that the company has not yet cooperated with related media such as Phoenix TV, Phoenix News, and Phoenix Finance.
Phoenix Media Investment Logs Lower Q1 Loss, Higher Revenue
Phoenix TV (02008): Phoenix New Media's total revenue for the first quarter was 153 million yuan, up 4.5% year on year
Phoenix TV (02008) announced the results of its subsidiary Phoenix New Media Co., Ltd. for the first quarter of 2024, with total revenue...
PHOENIX TV: OVERSEAS REGULATORY ANNOUNCEMENT ANNOUNCEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024 BY A LISTED SUBSIDIARY - PHOENIX NEW MEDIA LIMITED
PHOENIX TV: 2023 ANNUAL REPORT
PHOENIX TV: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO THE ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Express News | Hong Kong Communications Authority: TVB85 will be rebroadcast to Phoenix TV Hong Kong
Phoenix Media Investment to Launch New Channel on TVB's Platform
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