BT has appointed Peter Leukert to the role of Chief Digital Officer, in which he will have responsibility for leading BT’s Digital unit and driving the company’s digital transformation. Leukert is currently Group Chief Information Officer at Deutsche Telekom and will join BT on September 1st and be a member of the Executive Committee, reporting […]
TKO Group Holdings, the US media conglomerate and owner of sports organisations UFC and WWE, as well as media company IMG, has announced financial results for its first quarter ended March 31st 2025. Revenue increased 4 per cent, or $46.4 million (€41.2m), to $1.26 billion. The increase primarily reflected an increase of $74.8 million at […]
Warner Bros Discovery (WBD) has reported total Q1 revenue of $8.98 billion (€7.9bn), a 9 per cent ex-FX decrease compared to the prior year quarter, and below analyst expectations. However, the global streaming segment saw strong growth in the quarter with a net gain of 5.3 million subscribers and 22.6 million net adds year-on-year, bringing […]
London-based Internet Service Provider (ISP) Community Fibre has announced an 82 per cent increase in annual revenue to £76 million in its latest annual filings, reporting earnings before interest, tax, depreciation and amortisation (EBITDA) of £8 million in 2024, marking its first profit. The alternative fibre network (Altnet), backed by private equity firm Warburg Pincus, […]
Xperi, the entertainemnt company and TiVO owner, has announced first quarter 2025 financial results for the period ended March 3st, 2025. Revenue stood at $114 million, down from $118.8 million in the previous quarter. Despite the revenue dip, the company achieved substantial profitability improvements, with Non-GAAP Adjusted EBITDA of $16 million (14 per cent of […]
The Walt Disney Company has reported that Q2 2025 revenue rose by 7 per cent year-on-year to reach $23.6 billion (€20.7bn), beating expectations. The number of subscribers to the company’s Disney+ and Hulu streaming services rose by 2.5 million (combined) from the previous quarter to 180.7 million, while the number of those subscribed to just […]
The good news for Canada-based satellite operator Telesat is that its backlog for its Lightspeed mega-constellation is likely to be worth more than C$1.1 billion (€0.7bn) by the end of this year. The bad news is that the first Lightspeed low Earth orbiting satellite will not be orbited until the end of 2026 and service […]
Satellite operator Thaicom has announced its financial results for Q1 2025. In the quarter, the company generated a core profit of Baht 144 million (€3.8m), representing a significant increase of Baht 124 million from Q4 2024 and an increase of Baht 132 million from Q4 2024. – and surpassing the full year 2024 core profit […]
In announcing its Q1 2025 figures, Roku also revealed it has entered into an agreement to acquire Frndly TV, a US subscription streaming service that offers live TV, on-demand content and cloud-based DVR. Based in Denver, Colorado, Frndly TV was founded in 2019. It offers subscribers access to more than 50 popular live TV channels, […]
Liberty Global has reported Q1 2025 results with consolidated revenue of $1.17 billion (€1.03bn), up 7.3 per cent from Q1 2024, with CEO Mike Fries stating “the balance sheets of our core operating businesses are strong”. In the UK, Liberty Global announced it has paused the sale process of VMO2’s potential network stake to reassess […]