Viacom’s first-quarter earnings fell as the company’s domestic ad revenues fell 6 per cent. Net earnings were $500 million down 9 per cent from $547 million a year ago. Total revenue increased 5 per cent to $3.34 billion. Operating income for Viacom’s Media Networks unit, which includes Nickelodeon and MTV, was down 1 per cent […]
In an important statement that is good news for the likes of Intelsat and SES, the US government has given its strongest support for some time as to the use and role of commercial satellites in terms of military usage. A US government House Armed Services Committee meeting on January 28th heard the Pentagon’s top […]
Jeremy Darroch will unveil his latest set of numbers for his Sky Europe trio of pay-TV broadcasters on February 4th, and one market analyst admits it could be a “bit of a mess”. The criticism is not about the numbers themselves but for the market to get a handle on a new set of benchmarks. […]
Sony has revealed that its PlayStation Network (PSN) will be the premium entertainment service brand which encompasses games, TV, video and music services. ‘Video Unlimited’ and ‘Music Unlimited’, Sony’s digital video and music services currently offered on Sony Entertainment Network (SEN), will become part of PSN, and rebranded as PlayStation Video and PlayStation Music respectively. […]
French pay-TV operator Canal Plus is facing a tough future and even though it is coping well with the threat from the likes of Netflix, “the outlook remains difficult with the likelihood that more TV platforms will emerge to compete for retail market share and content, creating a range of pay-TV alternatives for a consumer […]
Chris Dodd, Chairman and CEO of the MPAA, has sought to dispel the myth that piracy only affects well-paid movie stars. Writing an opinion piece in trade magazine Variety, Dodd notes that two million people get up every morning in all 50 states to go to work in good-paying jobs. “Few will ever walk a […]
LG Electronics has announced net profit of KRW 501.40 billion (€420 million) for full-year 2014, an increase of 125 per cent over 2013 net profit. Operating profit increased significantly in 2014 to KRW 1.83 trillion from KRW 1.25 trillion in 2013, an increase of 46 per cent. Full-year consolidated revenue of KRW 59.04 trillion was […]
Perform, the digital sports content group, has announced that Oliver Slipper, joint-CEO since the company was formed in 2007, is to step down from his current role to take up the position as a non-executive member of the Perform Board, as well as pursue other opportunities in different industries. Simon Denyer will continue as Perform’s […]
EBS, the full-service provider of EPG data for platforms and channels worldwide, has further expanded its contract with dedicated motorsport channel Motors TV. EBS has worked with Motors TV for a number of years, supplying EPG data via its Pawa software solution and portfolio of EPG data services to the Sky and Virgin platforms. This […]
Wuaki.tv, the VoD streaming service, has unveiled the results of its Oscars 2015 survey. Aimed at Wuaki.tv’s customer base of 2 million people in the UK, Spain, France and Germany, users were asked to vote on which movies and Hollywood stars will win the top gongs at the glitz and glamour of the Oscars ceremony […]