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Fox launching streaming service this year

Fox Corp has revealed it is planning to launch a subscription streaming service by the end of 2025. The direct-to-consumer service, which will offer news and sport content, won’t serve to upend Fox’s place in the traditional cable bundle, CEO Lachlan Murdoch advised on the company’s quarterly earnings call – without offering much further detail. […]

February 5, 2025

Disney Q1 revenue up 5%; Disney+ subs dip

The Walt Disney Company has reported revenues increased 5 per cent year-on-year in Q1 to $24.7 billion (€23.7bn). Operating income rose 31 per cent from a year earlier to $5.1 billion. The company reported 178 million combined Disney+ and Hulu subscriptions, an increase of 0.9 million vs Q4 fiscal 2024. However, Disney+ subscribers were at […]

February 5, 2025

Dolby Labs Q1 revenues up

San Francisco-based Dolby Labs has reported that its Q1 revenues were at $357 million (€343.8m), a significant increase from the $316 million reported in the same period the previous year. The firm, known for its noise reduction software and more recent developments including Dolby Atmos and Dolby Vision, said that key strategic moves during the […]

January 31, 2025By Chris Forrester

Apple reports 1bn subscriptions

Apple has announced financial results for its fiscal 2025 first quarter ended December 28th 2024. The company posted quarterly revenue of $124.3 billion (€119.7bn), up 4 per cent year over year, slightly beating estimates. Mac and iPad revenue exceeded expectations, but iPhone sales dropped – being particularly affected by an 11.1 per cent decline in […]

January 31, 2025

Comcast cord cuts take shine off studios

Comcast has reported results for the quarter ended December 31st 2024. Consolidated revenue was up 2.1 per cent at $31.9 billion (€30.5bn) whilst full year revenue rose 1.8 per cent to $123.7 billion. Strong studio and good network performance was offset by further drops in cable connections – even though the 311,000 loss was down […]

January 30, 2025

BT revenues dip

BT Group has reported Q3 Adjusted revenue of £5.2 billion (€6.2bn), down 3 per cent year-on-year mainly attributed to continued challenging non-UK trading conditions in its Global and Portfolio channels and weaker handset trading in Consumer, offsetting the impact of FTTP growth in Openreach and price increases. Allison Kirkby, Chief Executive, commenting on the results, […]

January 30, 2025

SiriusXM sees subs gains

US pay-radio broadcaster, SiriusXM, added approximately 149,000 self-pay subscribers in Q4 2024, up 18,000 compared to the year-ago period. For full year 2024, self-pay subscribers decreased by 296,000, an improvement over the full-year decrease of 445,000 in 2023. The company ended 2024 with approximately 33 million total subscribers – most come through in car inclusion […]

January 30, 2025

Telia announces changes to exec management; hits FY targets

Telia, the Swedish multinational telco, has announced the appointment of Bjørn Ivar Moen as Senior Vice President, Head of Telia Norway and member of the company’s Group Executive Management team, effective January 1st 2026 at the latest. Stein-Erik Vellan, currently Senior Vice President, Head of Telia Norway and member of the Group Executive Management team, […]

January 30, 2025

Tele2 to undergo “significant changes” in 2025

Tele2, the Sweden-based multinational telco, has announced its consolidated results for the full year and fourth quarter of 2024, with an Equity Free Cash Flow (EFCF) reaching 4.4 billion SEK (€0.38bn) during the full year. Consistent with Tele2’s financial policy, the Board of Directors proposes to distribute 100 per cent of the EFCF, corresponding to […]

January 29, 2025

Iger reaps $41m at Disney

According to company filings, Disney CEO Bob Iger received a pay package of $41.1 million (€39.3m) in 2024, mostly in the form of stock and option awards. His salary was $1 million. In 2023, Iger took home a pay package valued at $31.6 million, with most of that in the form of stock and option […]

January 24, 2025