Sky has announced its Q1 results (to September 30th) saying there were 160,000 new customers (up 51 per cent) during the quarter-year, helping to drive like-for-like revenues up 5 per cent to £3.3 billion (€3.68bn), and an 11 per cent increase in EBITDA to £582 million. CEO Jeremy Darroch reminded analysts that it had launched […]
Reacting to AT&T’s Stock Market guidance that it expects to lose 390K traditional video subscribers, netted against a gain of 300K OTT subscribers, Craig Moffett, Partner and Senior Analyst at research firm MoffettNathanson has suggested that, in addition to general cord-cutting pressures, satellite TV is particularly affected. AT&T’s 8-K filing states: “The video net losses […]
The opening weeks of the Premier League has seen increased TV audiences for both Sky and BT, according to data from Enders Analysis, offering a potential boost to prospects for a coming auction of some of the lucrative broadcast rights. Sky, who hold the rights to most games, has drawn an average of 819,000 TV […]
James Murdoch has seen off a potential shareholder revolt to be reappointed to the Board of Sky plc at the company’s AGM. Shareholders had been urged to vote against his re-election as chair because of concerns about his independence. Institutional Shareholder Services, Glass Lewis and Pirc, which between them advise many of the world’s biggest […]
International media company, Viasat World, has announced the expansion of its successful TV1000 Russian Kino brand with the launch of a direct-to-consumer TV1000 Russian Kino service available globally (excluding Russia). Already Russia’s most popular movie channel, the new OTT and mobile service will give Russian speakers access to an unrivalled selection of Russian language movies […]
UK comms regulator Ofcom has published a progress update on work to clear spectrum in the 700MHz band, to make it available for mobile broadband use. In November 2014, Ofcom decided to make spectrum in the 700MHz band available for mobile data as soon as practicably possible. This involves clearing some of the spectrum currently […]
Facebook has unveiled Oculus Go, a standalone VR headset that will be released in 2018, priced at $199 (€168). Speaking at the company’s annual virtual reality developers conference in San Jose, Mark Zuckerberg, head of the social media giant, said the device would be the “most accessible VR experience ever”. Zuckerberg acknowledged the slow adoption […]
In a move that links the existing UltraViolet digital content ownership system with Disney’s Movies Anywhere cloud-based digital movie service, five Hollywood studios and four major digital retailers are teaming up for a fresh digital movies initiative. Featuring films from Sony Pictures Entertainment, The Walt Disney Studios (encompassing Disney, Pixar, Marvel Studios and Lucasfilm), Twentieth […]
A study (Satellites to be Built & Launched by 2026) from Paris-based Euroconsult says that it anticipates that 300 satellites with a mass over 50 kg will be launched on average each year by 2026 for government agencies and commercial organisations worldwide. This is a threefold increase over the past decade as the satellite market […]
A flawless sunset launch by Elon Musk-backed SpaceX placed a heavyweight joint-venture Airbus-built SES/EchoStar satellite into geostationary orbit on October 11th. Some four minutes after launch, the already pre-flown first stage of the rocket landed on a floating barge (named ‘Of course I still love you’) some 600 kms downrange and off Florida’s East coast. Wednesday’s launch […]