MTG, international entertainment broadcasting group, has published its Q4 results with sales up 14 per cent like for like. The group saw pay-TV net subscriber growth in Nordic and emerging markets on a sequential basis and operating income of SEK 457 million (€54m) excluding associated company income of SEK 108 million and non-cash asset impairment […]
Satellite operator Eutelsat will unveil its H1 numbers on February 14th. While the operator’s numbers will be – as always – important, most analysts are anticipating more news and guidance on the January 30th announcement that Eutelsat had settled its long-running dispute with rival SES. Berenberg Bank, for example, expects “considerable focus” on the longer-term […]
21st Century Fox saw Q2 profit drop 12 per cent, largely as a result of flops at the box office and dwindling ratings on the Fox TV network. Weakness at film studio 20th Century Fox has put a drag on the company’s bottom line. For the quarter ending December 31st, the media company produced profit […]
Motama has announced an increase of turnover by 85 per cent in 2013. In addition, sales in January 2014 already reached 58 per cent of last year’s overall turnover. ‘Only three and a half years after introducing our first server product at IBC 2010, we are extremely happy with the overall development of our company’, […]
Sky Deutschland, majority-owned by 21st Century Fox, issued a more cautious series of forecasts for this coming year. CEO Brian Sullivan and his team said it expects operating earnings this year to be within the range €70 million-€90 million, which is below the consensus expected by the market. Sullivan said the broadcaster expects net subs […]
Twitter stockholders got the jitters as some fear it may be have topped out its phenomenal growth. The drop came after the social network posted its first earnings report since going public in November. It said its monthly active users totaled 241 million in the fourth quarter, up 30 per cent from 185 million a […]
The Walt Disney Company reported a 33 per cent increase in quarterly profit as the animated musical “Frozen” demonstrated why media giants still chase movie home runs. Across the board it delivered good results. A 10 per cent growth in ad sales at ESPN contributed to a 20 per cent increase in operating income at […]
Sony Corp’s new boss, Kazuo Hirai, has enjoyed something of a honeymoon period this past year as he restructured many divisions and attempted to curb the company’s historic losses. It now look as if he has a lot more work to do, as Sony issued a profit warning early on February 6th. Sony now expects […]
Alcatel-Lucent almost halved its net loss for 2013 as cost-cutting, and new product offerings under Chief Executive Michel Combes begin to take effect. The telecoms equipment maker said its gross margin was 34 per cent and operating profit€307 million both better than expected. The group posted its first quarterly profit since March 2012 and in […]
Finnish technology company Teleste has reported Q4 revenues rising 13.9 per cent year-on-year to €54 million with the operating profit rising 30 per cent to €3.5 million and the net profit increasing 87.6 per cent to €0.17 per share. Orders fell 1.3 per cent, Teleste estimates net sales and operating profit for the first half […]