PT MNC Digital Entertainment Tbk (IDX: "MSIN"), a subsidiary of PT Media Nusantara Citra Tbk (IDX: "MNCN"), reported revenues of Rp2,303 billion for 9M-2024, marking a 3% YoY decrease from Rp2,364 billion during the same period last year. However, in Q3-2024, the Company achieved a 6% YoY revenue growth, reaching Rp666 billion.

In 9M-2024, the Company's content and talent business grew by 7% YoY to Rp1,269 billion. This growth is primarily attributed to an increase in orders for MSIN's content, especially productions for MNCN FTA TV and licensed to external platforms. In Q3-2024, revenue from content & IP and talent reached Rp385.6 billion, reflecting a 50% YOY increase. Furthermore, there is a significant increase in original content licensing to third party platforms that cause the big jump in revenue for Q3-2024.