CyberAgent's media business returns to profitability in Q2 for the first time since ABEMA's investment Advertising and peripheral businesses expand ABEMA's stand-alone return to profitability is "a little bit away"
On April 24, CyberAgent announced at its second-quarter financial results briefing that its media business turned into an operating surplus of 160 million yen in the second quarter. This is the first quarterly profit since investing in ABEMA. Since the launch of ABEMA, ABEMA has recorded losses of about 5 billion yen on a quarterly basis, but the deficit has gradually narrowed as the media has grown, including an increase in the number of viewers. In the explanation......
The linked article is in Japanese.
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