SES enjoyed a very pleasant 6 per cent rise in its share price to €14.40 (and at one stage €14.52) as the market responded to the operator’s half-year numbers. The market was reassured by (CEO) Steve Collar’s full-year outlook with guidance supplied that the addition of SES-12 and its new Video revenues and Network business […]
The news that Vivendi has appointed merchant bankers to oversee the sale of its Universal Music Group (UMG) subsidiary means that for Vivendi itself it is time for an upgrade, and a positive one, suggests a research note from Deutsche Bank. Vivendi’s half-year numbers were impressive: Revenues grew 13.6 per cent, with EBITA up 32.4 […]
Convergent telco Masmovil Group’s H1 indicate the company continues to lead the acquisition of customers in the Spanish telecommunications market and reaching new record for both revenues and EBITDA. During this period, Masmovil continued to increase the Group’s profitability and has obtained a record EBITDA of €216 million (+40 per cent). The EBITDA margin has […]
Eutelsat will unveil its end-of-year numbers on July 31st. A report from analysts at investment bank Exane/BNPP says it expects management to reaffirm its guidance of a return to slight revenue growth. ‘Slight revenue growth’ could be seen as good news. However there’s a sting in the comment, with the bank saying “but given the […]
Telefónica’s pay-TV subscriber numbers were flat in the year to June, with marginal growth of just 0.4 per cent to reach 8.8 million. This was despite solid growth in IPTV (16 per cent) and from its OTT TV offering in Latin America where Movistar Play grew by 59 per cent to reach 1.2 million subscribers. […]
Orange Spain’s revenues remained flat in the first half of the year reaching €2.6 billion, down 0.4 per cent versus the same period last year. EBITDA grew by 2 per cent to €787 million and CAPEX amounted to €529 million, down 7.8 per cent. Orange has over 3 million fibre optic customers, up 19.7 per […]
WWE has reported that its SVoD service – WWE Network – had 1.69 million paid subscribers in Q2, up from 1.58 million in Q1. Total Q2 reveneues for the wresting entertainment giant were down 5 per cent to $268.9 million (€240m). The company’s total online presence continued to see strong growth. Digital video views increased […]
Comcast reported second-quarter revenues up 23.6 per cent to $26.9 billion (€24.1bn), driven by its acquisition of Sky. Adjusted EBITDA rose 17.5 per cent to $8.7 billion, while net profit dipped 2.8 per cent to €3.1 billion. Customer growth was led by Sky, which added 304,000 subscribers in the quarter, nearly triple the year-earlier figure. […]
Technicolor has posted first-half revenues of €1.76 billion, down 3.8 percent from a year earlier, and adjusted EBITDA of €62 million, down 18.1 per cent from a year earlier. For the second half of 2019, the French media services company said it expects a significant improvement in profitability and cash flow generation, driven by seasonal […]
ITV, the UK’s dominant FTA commercial broadcaster, has reported that total advertising sales fell 5 per cent to £849 million (948.9m). In May, ITV had forecast a 6 per cent drop for the first half, so they could argue that the figure is slightly better than expected. Overall, total external revenue fell 7 per cent […]