In the third quarter of 2020, ProSiebenSat.1 Group saw improved revenue and earnings figures compared to the highly Covid-19 influenced previous quarter. After the global pandemic and the resulting restrictions had considerably affected the German mass media group’s business performance in the second quarter, ProSiebenSat.1 generated revenues of €921 million (previous year: EUR 926 million) […]
Discovery has reported its financial results for the quarter ended September 30th 2020. David Zaslav, President and Chief Executive Officer of Discovery, said: “Discovery delivered improving financial results in the third quarter, a testament to the powerful appeal of our content and brands, led in the US by TLC, which beat top-rated sports and news […]
UPC, the Swiss cable operator, returned to a state of growth in Q3 with increased subscriptions and record broadband sales, but revenues were still down 5.8 per cent. Baptiest Coopmans, CEO of UPC Switzerland, commented: “The results for the 3rd quarter of 2020 show that our growth plan is working: the various measures have contributed […]
Satellite operator Thaicom has reported Q3 revenue from sales and services of Baht 918 million (€25.1m), down by 23 per cent compared to Q3/2019. This was caused by a drop in revenue as a result of Thaicom 5 satellite de-orbit. However, the Company’s net profit for Q3 was Baht 77 million, improved from the netloss […]
The next UK spectrum auction has moved a significant step closer, with comms regulator Ofcom publishing the final regulations, application form and guidance for those looking to take part in the auction. To help improve mobile services and give more people access to 5G networks, Ofcom will release 200 MHz of spectrum in two frequency […]
The fourth largest telco operator in Spain, MásMóvil, is now controlled with a 99.32 per cent by Funds KKR, Cinven and Providence, through Lorca Bidco – and has been removed from the Stock Market after eight years of operation. Speculation is increasingly mounting about a possible merger with Vodafone to become the second largest telco […]
UK media regulator Ofcom has imposed a £20,000 fine on Islam Channel Ltd in relation to its service, the Islam Channel, for failing to comply with broadcasting rules. Ofcom had previously censured the channel on October 7th last year having found that the programme contained antisemitic hate speech. Ofcom reported in its findings that the […]
The Asia Video Industry Association (AVIA), the trade association for the video industry and ecosystem in Asia Pacific, has announced the publication of the governance framework for online curated content (OCC) services designed to deliver “concrete” commitments and standards in order to deepen discussions with APAC regulators and empower consumers. AVIA states that OCC services […]
Ubisoft, like most video games providers, is having a prosperous pandemic. Last week, it released its H1 numbers with revenue from sales up 8.5 per cent, and net bookings up 14.2 per cent. Ubisoft has an impressive portfolio of game franchines including the Rayman, Assassin’s Creed and Far Cry franchises, and Tom Clancy games. However, […]
Asia Satellite Telecommunications Company Limited (AsiaSat), Asia’s premier satellite solutions provider, has announced the appointment of Tony Chung as Vice President, Data Services. In this new role, Chung will be responsible for overseeing the company’s data services operations and infrastructure. Chung brings over 17 years of experience in the satellite communications service industry, with demonstrated […]