Amazon’s latest quarterly earnings report revealed its advertising business surging by 18 per cent year over year to $17.3 billion (€16.8bn). Overall Amazon net sales was $187.8 billion in the quarter, with net income of $20 billion. There was a strong performance at Prime Video, where Thursday Night Football averaged 13.7 million viewers. CEO Andy […]

Satellite operator Thaicom has announced its financial results for 2024. Despite what it describes as “a challenging macroeconomic environment”, the company generated a core profit of Baht 109 million (€3.12m). Nevertheless, the company’s satellite business generated Baht 175 million in core profit excluding non-satellite business and share of loss from the telecommunications business, surpassing normal […]

Telenor Group has reported “solid results” in the fourth quarter, and a stronger cash flow than previously indicated. The Norweigian multinational telco says its strategic direction remains firm, with continued growth and transformation efforts, combined with reduced capital expenditure in 2025. The Board of Directors of Telenor proposes a dividend of NOK 9.60 (€0.82) per […]

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. […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]