Portugal: Media Capital cuts losses in 2021
Portuguese media group Media Capital posted a €4.1 million loss in 2021, a 63 per cent improvement over the €11.1 million loss the previous year. Operating revenues increased by 15 per cent to €157.7 million. Despite the Covid-19 pandemic, advertising revenues increased 16 per cent year-on-year, due to the recovery of the advertising market and […]