Discovery Communications has reported financial results for the first quarter ended March 31st 2015. First quarter revenues of $1,537 million increased $126 million, or 9 per cent, over the first quarter a year ago, led by 10 per cent growth at International Networks and 6 per cent growth at U.S. Networks. Adjusted Operating Income Before […]
Al Jazeera America is facing a $15 million wrongful termination claim by a former employee, who alleges that executives at the broadcaster have exhibited an anti-American bias, and steadily brought in more Middle East staffers into the US operation. The writ specifically alleges that Osman Mahmud, senior VP of broadcast operations and technology, regularly used […]
Kuwait-based KIPCO, and which backs the Dubai-based pay-TV operator OSN, says it plans to double profits by 2018. The holding company revealed its Q1/2015 revenues and profits on May 2nd. KIPCO owns 60.5 per cent of OSN. Its net profit of Kuwait Dinars 12 million ($40 million) for the first three months of 2015 – […]
The Lebanon’s Economy Minister, Alain Hakim has ruled that the country’s cable operators must pay to carry the nation’s eight major TV channels. The eight broadcasters are widely carried by the region’s satellite operators but Lebanon’s cable MSOs must now charge viewers extra for what has been traditionally ‘free’ viewing. The eight TV networks are […]
Based on provisional data the European Audiovisual Observatory estimates that gross box office takings in the 28 EU Member States increased marginally to €6.32 billion in 2014, up €40 million on 2103. This is 0.6 per cent higher than the previous year but still represents the second lowest level in the past five years. As […]
India’s Videocon d2h pay-TV operator says it will be phasing out its standard-definition set-top boxes over the next year or so. Videocon d2h CEO Anil Khera, speaking at the Asia-Pacific Video Operators Summit (APOS), said that the extra cost of manufacturing its HD STBs was just an extra $1 or so. There is also a […]
Comedian Peter Kay’s new sitcom Car Share attracted 5.7 million viewers on BBC1 on April 29th as well as breaking iPlayer records. Despite already pulling in 1 mlllion requests for the first episode on iPlayer, the show still pulled in an impressive 27 per cent audience share when the first episode aired on BBC1. Overall […]
TVN revenues in the first quarter increased 3.6 per cent lead by a 4.5 per cent growth in advertising related revenue with all business lines contributing to this result in the quarter, and in particular the strong audience results of our main channel on the opening of the spring season in March. Adjusted EBITDA was […]
Asian satellite operator AsiaSat has reached an agreement with BT to deliver BBC World Service Asia feed of 33 radio channels in 21 languages. These services are being distributed in C-band on AsiaSat 5 to BBC’s short and medium-wave transmitter sites, as well as to FM partners and rebroadcasters in Asia and Australasia. The services […]
Spacecom, operator of the AMOS satellite fleet, is providing SPI International with a full service uplink, encryption and capacity on the AMOS-3 satellite at the 4°W prime orbital position for SPI International’s activities in Europe. This multi-year, multi-million dollar deal provides services for SPI International’s European HD and SD channels. Spacecom is working closely with TTCOMM, its partner […]