Charter Communications has reported lower Q2 earnings and continued pay-TV subscriber losses. The group led by chairman and CEO Tom Rutledge, lost 90,000 net residential pay-TV subscribers in the second quarter, compared with a loss of 152,000 in the year-ago period. For the first quarter of the year, the company had recorded a 100,000 drop. […]
UK advertising expenditure grew 1.3 per cent year-on-year in Q1 2017 to reach £5.318 billion (€5.954bn) – the 15th consecutive quarter of growth, according to Advertising Association/Warc Expenditure Report data. Overall market growth was despite a drop of -6.2 per cent in television advertising, its steepest fall since 2009. However, TV ad expenditure is forecast to […]
Intelsat has revealed its Q2 numbers with CEO Stephen Spengler saying that there were continued pricing pressures as services renew for certain wide-beam network services applications, creating a headwind to year over year growth. There had also been some non-renewals of capacity contracts. These pressures led to a fall in Intelsat’s contracted backlog, from $8.5 […]
Twitter did not add any new users in the second quarter. The social media service reported earnings claiming 328 million total users — the same number it reported after Q1. Analysts had been hoping the company added around 4 million new users. Twitter did however beat revenue expectations, bringing in revenue of $574 million. Twitter’s […]
As well as revealing its Full Year numbers, Sky has announced that it has joined forces with Devialet, an innovator in audio technologies, to create Sky Soundbox, a new all-in-one sound system designed to take the TV viewing experience to the next level. From one single compact speaker unit, Sky says its Soundbox will “deliver powerful […]
Mediaset Spain, owner of the Tele 5 and Cuatrochannels among others, has reported a H1 net profit of €125.7 million to June 30th, up 7 per cent on the same period last year. EBITDA amounted to €168 million, up 5 per cent. TV ad revenues remained flat at €491.1 million, the same amount for the […]
The first episode of the seventh season of Game of Thrones has continued its unprecedented run by recording the biggest consolidated audience for a programme ever on Sky with 4.7 million. The episode. entitled Dragonstone, almost doubled its audience in the week after it launched, adding an additional 1.85 million to the original 2.8 million […]
Viacom is reported to have dropped out of talks to buy Scripps Networks Interactive. Industry trade magazine Variety, for example, is reporting that the decision – although not confirmed by any of the parties – leaves the road clear for Discovery Communications to pursue a deal with Scripps. The current picture is that Discovery and […]
As part of its biggest ever crackdown on the illegal streaming of its content, the English Premier League has obtained a High Court Order that will require UK Internet Service Providers (ISPs) to block servers that are hosting illegal streams of its matches. The Order – which will be in place for the entire 2017/18 […]
France-based multinational telco Orange has reported revenue growth accelerated in the 2nd quarter of 2017, rising 1.4 per cent (+€138 million) after rising 0.8 per cent in the 1st quarter (+€85 million) , on a comparable basis. Revenues were €20.276 billion in the first half of 2017, an increase of 1.1 per cent (+€222 million) […]