MILAN (AIMnews.it) - Casta Diva Pictures Lebanon, a subsidiary of Casta Diva Group, has entered the world of TV series with an investment of 250.000 dollars, supported by the company thanks to free cash flow in 2017. CDP Beirut will participate with other local investors for the realisation of a new TV series that will be made between April and June, with airing scheduled for September. The plan includes a first season of 15 episodes and the production and transmission of four / five successive seasons, with the possibility of transforming it into a film. The total cost is expected to be 550.000 dollars, while the expected revenues for the year 2018 are 1,277 million dollars. The indirect commitment by CDG (which participates in the share capital of Casta Diva Pictures Lebanon with a share of 50.1%) is therefore equal to about $ 125,000, the relative expected revenue for CDG for only 2018 is more than twice that figure. According to Ipsos and Nielsen, total advertising revenue related to the Lebanese TV world increased by 5.8% in 2016 compared to 2015, rising from 1.32 billion dollars to 1.40 billion dollars.