Hong Kong-based AsiaSat, which is in the process of being taken private, in announcing its latest half-year numbers, says revenues fell 5 per cent [from HK$730 million (€83.28m) to HK$693 million] from the same period last year, and said: “The impact of continued pricing pressures from capacity oversupply in some key markets and increased competition […]
Ahead of quarterly earnings, the two companies are not in a position to announce their ‘re-merger’ according to reports. The delay is due to final negotiations over an exchange ratio for the deal but a deal is still expected later this week. Both units are controlled owned by National Amusements, which is controlled by the […]
It seems that the glory days at Egyptian Satellite Nilesat are well and truly over. Revenues and profits are down during the first half of the year. Profits fell 12.2 per cent y-o-y at just $23.81 million (€26.59m), compared to $27.12 million in the same period last year. Revenues tumbled from $73.39 million in 2018 […]
Liberty Global reported sales from continuing operations down 0.9 per cent in the second quarter as it shed 29,000 cable subs versus a gain of 41,000 in year ago quarter. There were net losses of 5,000 at Virgin Media in the UK, 20,000 at Telenet in Belgium and 28,000 at UPC Switzerland, offset by a […]
ProSiebenSat.1 Group increased its revenues by 4 per cent to €947 million (previous year: €912m). The organic revenue increase also came in at 4 per cent. This was driven by growth in the Content Production & Global Sales and Commerce segments, which more than compensated for the weaker development in the Entertainment segment: Content Production […]
Discovery has reported Q2 revenues of $2.8 billion (€2.5bn) increased 1 per cent compared with the prior year’s quarter, as a 5 per cent increase in US Networks revenues was partially offset by a 3 per cent decrease in International Networks revenues and a significant decrease in Other revenues due to the sale of the […]
Thaicom, Thailand’s first satellite operator has announced its financial results for the second quarter ended June 30th 2019. Thaicom reported a net profit decrease compared to the previous quarter and the same quarter of last year due to the recognition of several extra expenses. Thaicom reported revenue from sales and services for Q2/2019 of THB […]
“TiVo is making great progress on its restructuring,” says TiVo CEO Dave Shull, as it moves to split the company into two, with a greater focus on the IP portion of the business. Shull was speaking during TiVo’s Q2 results, and which gave him an opportunity to raise its guidance for overall revenues for the […]
AMC Networks has reported financial results for the second quarter ended June 30th. Net revenues increased 1.4 per cent to $772 million over the second quarter of 2018. The increase in net revenues reflected an increase of 22.4 per cent at International and Other and a decrease of 3.6 per cent at National Networks. Operating […]
Apple’s Services revenue overall for the quarter to June, including Apple TV, was $11.4 billion (€10.2bn), up from $10.1 billion for the prior year period. Products revenue fell from $43 billion to $42.3 billion. iPhone sales – down from $29.4 billion to $25.986 billion – contributed most to the fall. CEO Tim Cook highlighted the […]