UK-based LBG Media is a fast-growing mostly online entertainment business focusing on young adults. Its latest results are ahead of consensus expectations and the continued integration of its US businesses “delivered significant wins with a strong pipeline, providing confidence in future growth.” The company’s group revenue grew 22 per cent, with 6 per cent organic […]

STV Group, in a trading update, has reported that performance remains “in line with market expectations, despite ongoing weakness in the linear TV advertising and commissioning markets”. The Scottish broadcaster says it continues to trade well, winning commissions despite constrained budgets and delivering for its customers in a continued inflationary environment. The forward orderbook sits […]

San Francisco-based audio and visual technology company, Dolby Labs, has reported a strong financial performance for its Q4 and full year, showing solid growth in net income despite a slight decrease in total revenue compared to the previous year. Its share price rose 10 per cent in after-hours trading and what analysts saw as a […]

The Walt Disney Company has reported that Q4 revenues increased 6 per cent QoQ to $22.6 billion (€21.4bn), and 3 per cent for the year to $91.4 billion. The media and entertainment giant achieved 23 per cent growth in total segment operating income for Q4 and 21 per cent for the year, and 39 per […]

In the first nine months of 2024, German broadcaster ProSiebenSat.1 Group reported it generated Group revenues of €2.6 billion. This is an increase of 3 per cent reflecting higher Digital & Smart advertising revenues in the German-speaking region as well as  growth in the Commerce & Ventures segment. Organic growth – i.e. adjusted for portfolio […]

Deutsche Telekom has reported that it “remained on course for success” in Q3 2024, in line with the plans recently outlined by the company at its Capital Markets Day in mid-October. Revenue increased in the period from July to September by 3.6 per cent year-on-year in organic terms – i.e., excluding exchange rate fluctuations and […]

The Board of Directors of Rai Way have approved the Company’s Interim Financial Report for the nine months ended September 30th 2024. Consistently with the first half of the year, in the first nine months Rai Way recorded core revenue growth of +1.1 per cent to €206.5 million, higher than the contribution alone of inflation […]

EchoStar’s share price has plummeted 13 per cent as news emerged that TPG (the former Texas Pacific Group) has said that the acquisition by DirecTV of EchoStar’s pay-TV assets was at risk because of EchoStar/Dish bond-holders who were holding out over the terms of a debt exchange offer. There are multiple reports that Dish bondholders […]

RTL Group has reported that January to September 2024 group revenue stable at €4.2 billion, as higher TV advertising and streaming revenue were offset by lower content revenue from Fremantle. Group revenue was down 1.5 per cent organically. Group revenue in Q3 2024 for continuing operations was down 5.5 per cent to €1.3 billion, mainly […]

AMC Networks has reported financial results for Q3, and also announced that is has closed a transaction with BBC Studios which sees it acquired the remaining 50.1 per cent of the BBC America joint-venture that it had not previously owned for $42 million in cash. The company said it closed the transaction for BBC Studios […]