Egmont reports satisfactory profit
Posted on March 17th 2007 in Publishers
Egmont, the world’s largest publisher of Disney comics, reported satisfactory financial results yesterday. In 2006, Egmont’s Kids & Teens division broadened its portfolio of leading children’s and youth media in Denmark, Norway, Sweden and Finland to include yet more channels and genres. Revenue remained the same as previous years despite the changing media habits of children and young people.
Donald Duck magazines are still the most popular comic books in the Nordic region. Egmont International, which primarily publishes magazines, books and other products for children and young people in 19 countries outside the Nordic region, bolstered Egmont’s position as Europe’s leading children’s publisher. The division expanded its activities in 2006, starting retail operations in the Ukraine and adding a book publisher to the Turkish joint venture, Dogan Egmont Publishing.
Egmont’s four Nordic divisions produce weeklies, magazines, comics, youth magazines, games and activity products, books and educational materials. Egmont encompasses films, TV programs, movie-theater operations, tv-stations, interactive games, game consoles and music. Children’s media are the prime focus of Egmont’s international division, with companies operating in 19 countries outside the Nordic region. Creating and telling stories is the common denominator of the Egmont media group’s activities.
