LG Electronics has announced consolidated revenues of KRW 58.14 trillion ($53.10 billion) and net profit of KRW 222.70 billion for full-year 2013, marking an improvement over 2012 results. Operating profits for the Korean-based manufacturerer increased modestly in 2013 to KRW 1.28 trillion from KRW 1.22 trillion in full-year 2012. The LG Home Entertainment Company reported […]
Amino Technologies, the Cambridge-based specilaist in digital entertainment solutions for IPTV, OTT and in-home multimedia distribution, announces audited results for the year ended November 30th 2013. Amino said the results demonstrate further successful delivery with strong growth in profits and cash driven by demand for the company’s higher margin products. Financial results: – Operating profit […]
Buoyed by its success in international net additions and shrinking contribution losses, Internet entertainment streaming service Netflix has announced plans for what it describes as “a substantial European expansion”. It made the comments in a letter to shareholders as it revealed its Fourth-Quarter 2013 Financial Results. The company said it ended 2013 with over 44 […]
Morgan Stanley suggests that while the market might enjoy speculating as to what Rupert Murdoch, or a new cellular giant might do as regards BSkyB’s future, the reality is that BSkyB has its head down and is getting on with its “day job”. The pre-Christmas build up to December 31st saw Sky place considerable resources […]
For the quarter ended on December 31st 2013, French technology specialists Netgem has reported consolidated revenues of € 23.5 million – 2 per cent up on a year earlier – bringing its consolidated revenue throughout 2013 to € 81.3 million, of which 77 per cent was generated abroad. Netgems’s Q4 international revenues came to €19.4 […]
The economic downturn as well as increased competition has combined to damage subscriber numbers at Sky Italia, with profits “collapsing” according to a report from Enders Analysis. The position could change in 2014, says the report. Sky Italia has around 4.8 million subs. “The subscriber base seems to have levelled off, revenues are stable, but […]
Pay-TV and broadband service provider technology provider Pace has announced an unaudited update for the financial year ended December 31st 2013 ahead of preliminary results to be announced on March 4th 2014 which suggests that its Full Year 2013 performance is expected to be ahead of guidance. Pace reports that: Full year revenues expected to […]
Hulu has revealed it has topped 5 million subscribers and $1 billion in revenue in 2013. New CEO Mike Hopkins says the $1 billion revenue is an increase from $695 million the year before. Hulu says “living room viewing” accounts for more than half of the consumption from users. The app is available on several […]
S3 Group, an international digital TV company that enables operators and infrastructure vendors to accelerate the end-to-end delivery of multiscreen TV, has recorded strong revenue growth from the Video Service Provider market in 2013. S3 Group’s TV Technology revenues have grown by 25 per cent year-on-year, buoyed by the roll-out of new TV platforms, demand […]
CBS-owned online music service Last.fm made a loss of almost £4 million last year, as income sank by 70 per cent at its UK operation. The company’s financial filing shows that total revenues fell 21 per cent year-on-year from £8.13 million in 2011 to £6.38 million last year. Gross profits more than halved, from £3.7 […]