Shahid powers MBC’s revenue surge to SAR2.9bn for 9M 2024
Net profitability across the Group’s three business segments showed solid improvement in 9M 2024, led by Shahid’s performance which delivered a YoY increase of 35.9% in revenue.
Net profitability across the Group’s three business segments showed solid improvement in 9M 2024, led by Shahid’s performance which delivered a YoY increase of 35.9% in revenue.
The group's net income nearly quintupled to $63.36m in H1 2024, driven by strong performance and significant margin improvements, especially at Shahid, which saw AVOD revenue more than double and ...
Shahid's subscriber count surged to approximately 3.98m, marking a year-on-year increase of around 40%, propelled by focused marketing efforts, content selections, and exclusive sports content.
MBC Group generated $222m in its initial public offering.
MBC Group received the market regulator’s approval on November 21 to list its shares on the Tadawul exchange.
Saudi Arabia’s government owns 60% of the broadcaster, while Waleed Al-Ibrahim, the founder and chairman, owns the remaining stake.
The new radio station MBC Loud FM follows a Contemporary Hit Radio format.
MBC Group has expanded its anime content on Shahid and introduced an investment fund for anime production.
The extended licensing deal results in the ongoing broadcast of top titles across MBC2 and Shahid.
With decades of experience across international markets, Wayne takes over the role from Peter Smith, who remains with the group as an advisor.
The new partnership will include Arabic-language lifestyle content created exclusively for the MBC Group.
The extended deal will allow MBC Group to offer Hollywood, Cartoon Network content until 2026.
MBC Group's Shahid will award cash prizes worth $230,000 to three Saudi projects in development and production during the Talent Day programme.
The local adaptation is already in production with Medyapim, which previously produced the Turkish version of the format, 'Sadakatsiz'.
The partnerships will see Turkish content offered exclusively on MBC channels and Shahid through first-look and volume deal agreements, along with Arabic-language originals produced for the MENA market.
Under an agreement signed with Saudi Minister of Culture Prince Badr bin Farhan in 2020, MBC Group has moved its headquarters from Dubai to Riyadh.
Meetings are part of both parties’ continuous commitment and effort towards protecting the future of television and digital broadcasting in the Kingdom of Saudi Arabia and the rest of the ...
The first MoU aims to develop outdoor advertising, while the second tackles video piracy, partnering in the production of major projects, and giving MBC Group the copyrights to UMS’ works.
For over 17 years, Sam Barnett has patiently mastered the nuts and bolts of MBC Group, connecting its various limbs and leading it towards profitable new ventures and widened TV ...
This marks the first time a MENA-based streaming service will have its own branded button on a Samsung smart TV remote control.
Prior to joining MBC Group, Abu Alsamh served as Chief Commercial Officer of Saudi Broadcasting Authority.
The new structure is designed to keep pace with the massive growth experienced by digital activities including Shahid VIP and in line with the active corporate development pipeline.
Marc Antoine, whose reputation precedes him as an M&A specialist, usually comes into a company when a big change is on the horizon.
Marc-Antoine d’Halluin, who served as CEO of OSN from 2006-2010, will join MBC Group from January 5, 2020.
Waleed Al Ibrahim, Chairman of MBC Group added that the network is looking to identify Sam’s successor "from a pool of top industry executives with global expertise".
MBC Group has announced the launch of MBC Iraq, a family-oriented entertainment channel for Iraqi viewers. With the launch, the Group aims to strengthen its relationship with Iraqi audiences while also ...
From left: Johannes Larcher and Sam Barnett.MBC Group has confirmed plans to prioritise its digital services with a robust investment strategy for the next five years ...
From lack of regulations on foreign content to the decline in advertising revenues, CEOs at the 2018 ASBU BroadcastPro Summit offered candid insights on steering their organisations through turbulent times.The ...
Our vision when we launched BroadcastPro Middle East was not just to be a leading magazine in the MENA region. We wanted to be perceived as an industry insider, who ...
Sanjay Raina, GM and VP of Fox Networks MENA.Fox Networks Group MENA (FNG MENA) has announced the launch of the Fox Plus streaming service, which will ...
From left (seated): MBC Group Chairman Sheikh Waleed Bin Ibrahim Al Ibrahim with HE Gao Jianmin, Deputy Minister of Information at NRTA.MBC Group has signed a ...
From left: MBC Group CEO, Sam Barnett with Jason Kong, Chairman of Citruss World of Shopping.MBC Group has signed a five-year, strategic memorandum of understanding (MOU) and ...
View the photos from the summit and awards here. The eighth edition of the 2018 ASBU BroadcastPro Summit and Awards culminated with a gala dinner and awards ceremony on 13 November ...
From left: Peter Smith, Managing Director, MBC Studios with Sam Barnett, CEO, MBC Group.MBC Group has launched MBC Studios, a subsidiary that is set to build ...
CEOs get together at BroadcastPro's inaugural Anti-piracy conference.From lax enforcement in the region to big perpetrators in Silicon Valley, CEOs of MENA-based broadcasters offered a candid ...
More than 120 professionals gathered together for the inaugural edition of the MENA Anti-Piracy conference, hosted by BroadcastPro ME.The inaugural Anti-Piracy Conference held on May 2, ...
As part of its ongoing efforts to protect the future of television and digital broadcasting, the MENA Broadcast Satellite Anti-Piracy Coalition has announced the closure of more pirate television channels ...
Hasan Onal, Turkish Commercial Attache.Following the sudden announcement from MBC Group earlier this week that it would discontinue its Turkish series across all of its channels, Hasan ...
MBC Group CEO Sam Barnett gives BroadcastPro ME a candid glimpse into the challenges of the past three months and the strategy ahead. When MBC Group Chairman Sheikh Waleed bin ...
Sam Barnett, CEO of MBC Group.The exclusive broadcast rights to Saudi Arabias Professional Football League matches, which MBC Group had secured as part of a ten-year, ...
Waleed bin Ibrahim al-IbrahimSaudi authorities have released founder of MBC network Waleed bin Ibrahim al-Ibrahim from the Ritz Carlton in Riyadh, the company CEO told employees ...
The ballroom at Habtoor Grand was packed as industry professionals gathered to hear some of the most distinguished voices on the MENA broadcast landscape come together for the ASBU BroadcastPro ...
MBC Groups video-on-demand (VOD) application, Shahid VOD has been named as one of the best apps of 2017 in the Middle East and North Africa (MENA) by the technology company Apple ...
The survival of the MENA media industry is at stake with the impending arrival of FAANG (Facebook, Amazon, Apple, Netflix and Google)! Are we ready?This was the key takeaway from ...
Arabsat?s 9th Atheer took place in Salalah, Oman this year, and drew many of the operator?s customers and honourary dignitaries.Salalah is an extremely popular tourist destination for people looking to ...
Arabsat?s 9th Atheer took place in Salalah, Oman this year, and drew many of the operator?s customers and honourary dignitaries.Salalah is an extremely popular tourist destination for people looking to ...
Sam Barnett, MBC Group CEO.The MENA Broadcast Satellite Anti-Piracy Coalition, which held its 11th meeting in Amsterdam recently, celebrated the shutting down of 30 Arabic and ...
The ninth edition of Atheer, Arabsat's annual customer forum in Salalah Oman, on October 3-4, 2017, began with a welcome address by Khalid Balkheyour, President and CEO, Arabsat.In the presence ...
Arabsat's Atheer Customer Broadcasting Forum was a roaring success, with dignitaries including ministers and high ranking government officials in attendance.The day started with Mr. Khaled Balkheyour, President and CEO of ...
MBC HD bouquet and MBC PRO SPORTS are being exclusively broadcasted via Arabsat Satellite fleet on the orbital position 26°E, with full coverage over the MENA region, switching off any ...
Members of the MENA Broadcast Anti-Piracy Coalition.The satellite provider members of the MENA Broadcast Satellite Anti-Piracy Coalition have made public commitments to remove pirate channel clients by ...
From left: Humaid Sahoo Al Suwaidi, E-Visions CEO with Sam Barnett, CEO of MBC Group.E-Vision and MBC Group have signed a strategic partnership deal to distribute MBC channels ...
Waleed Al Sayed and Sam Barnett with Ooredoo and MBC team.Ooredoo and MBC Group have announced the launch of MBC+ Ooredoo Channel for Ooredoo TV subscribers.The MBC+ Ooredoo ...
MENA's TV heads discussed the state of TV entertainment in theregion and the dynamics of free-to-air and pay-TV. The head honchos also shared insights about their strategies and business modelsThe ...
Left to right: Waleed Al Sayed, CEO of Ooredoo Qatar and Sam Barnett, CEO of MBC Group.Ooredoo and MBC Group have signed a seven-year partnership granting ...
MBC Group channels announced the transition of its gulf channels and MBC Pro Sports Channels to Arabsat through a strategic partnership signed with Arabsat today.Previously, MBC shared its portfolio of ...
Left to right: Khalid Balkheyour with Sam Barnett.Arabsat will now host MBC Groups Gulf channels and MBC Pro Sports channels following a strategic partnership between Arabsat ...
Arabsat customers had a taste of the satellite operators hospitality at the eighth annual broadcasting forum, Atheer, in Marrakech last month. The event brought together key figures from the MENA ...
Khalid Balkheyour, CEO and President, Arabsat.Registrations of guests arriving for Arabsats eighth customer forum Atheer begin today in Marrakech, Morocco. The forum will bring together Arabsat ...