ETO signals that Film has seen a week Q1 with pro-forma CER revenues down 9%. This is against the expectation of a rebound in the largest units trading activity for FY16 but is explained to a degree by the lag effect of lower volumes in home entertainment releases driven by lower prior year theatrical releases. ETO is guiding down on film volumes for the full year to c230 (vs 250 previously) due to timing of Q4 releases. The TV business has seen pro-forma CER revenues rise 32% which looks to be ....
