Shahid platform losses amounted to 23.3 million riyals through the first 9 months of 2025

Shahid platform brand

The “Shahid” platform was registered MBC GroupA internet lack of 23.2 million riyals through the first 9 months of 2025, in comparison with losses of 61 million riyals throughout the identical interval final yr.

Shahid platform enterprise outcomes – a million riyals

The corporate lowered its losses, because of revenues rising to 1,017 million riyals through the 9 months ending in 2025, a rise of 26% over the identical interval final yr, pushed by a rise within the variety of subscribers and ads.

The platform additionally lowered its quarterly losses, because of the rise in revenues to achieve 320.3 million riyals through the third quarter of 2025, a rise of 29% over the identical quarter, whereas the full revenue greater than doubled to achieve 45.8 million riyals, supported by the rise in revenues of the subscription-based platform (SVOD) And persevering with efforts to enhance value administration.

Shahid platform efficiency improvement – a million riyals

The group indicated that regardless of the expiration of the Saudi Skilled League contract (SPL) affected revenues within the brief time period as anticipated, however the general interplay ranges had been higher than expectations, which displays Shahid’s potential to offer sports activities content material that isn’t associated to leagues, and the variety of its complete leisure portfolio.

The corporate had anticipated to achieve the break-even level by the tip of 2027, with its give attention to reaching worthwhile returns, pushed by value management and scalable development initiatives.