The largest private TV groups Atresmedia, owner of Antena 3 and La Sexta, and Mediaset, owner of Tele 5 and Cuatro, experienced very different fortunes this year. While Atresmedia has multiplied its profits sixfold to €28.3 million to September, Mediaset has seen its profit plummet 45 per cent to €22.1 million, due to the 13.7 […]
The stock market is again backing satellite operator Eutelsat. Following on from its October 29th quarterly results Eutelsat’s share price has rocketed by almost €1, and this follows some months of flat or even declining trading. October 31st saw Eutelsat’s price hit €23.20, a vast improvement on August 2nd when its price was just €21.34. […]
BT has reported that more than two million customers are now signed up to its BT Sport TV service, which it launched in August this year to compete with Sky Sports. BT saw six-month pre-tax profits of £948 million (€1.16bn), a fall of 13 per cent from the same period in 2012. Gavin Patterson, Chief […]
International growth boosted earnings at Discovery in the third quarter. Net income rose 24 per cent to $255 million, from $205 million, a year ago. Its operating income before depreciation and amortisation was up 11 per cent. Revenues rose 28 per cen to $1.375 billion. The company expects total revenue to finish between $5.55 billion and […]
Japanese electronics and movies giant Sony says it expects to make a profit this financial year, but it will be significantly less that earlier projected. It now says net profits will be around ¥30 billion ($305 million), and with the numbers dragged down by losses on some high-profile movies. Overall it has trimmed its expectations […]
Intelsat, a global provider of satellite services, has reported revenue of $651.8 million and net income attributable to Intelsat of $87.8 million for the three months ending September 30th. The company also reported EBITDA of $493.6 million, and Adjusted EBITDA of $508.4 million, or 78 per cent of revenue, for the three months. Intelsat CEO […]
Time Warner Cable, the second-largest cable company in the US, reported Q3 profit that at the top of estimates as subscriber-rate increases help make up for a shrinking pool of customers. Net income fell 34 per cent to $532 million, in the three months ended September, from $808 million, the company said. Revenue from residential […]
Norway’s Telenor Satellite Broadcasting (TSBc) reported “stable” revenues of NoK 241 million for its Q3 trading period, which almost exactly matched revenues from Q3 last year (NoK 242 million), with EBITDA of 71 per cent (NoK 171 million) compared to 70 per cent a year ago. However, actual quarterly revenues were down NoK 5 million […]
Eutelsat said that all the signs for 4K/Ultra-HDTV transmission were positive and encouraging, and expected signals to meaningfully start in the 2017-2018 timeframe. Eutelsat also reported “stable” video revenues for its Q1 numbers (period to September 30th) with quarterly revenues up just €800,000 to €217.1 million compared with the same period last year. Eutelsat chairman/CEO […]
Central European Media Enterprises (CME), has returned an “unacceptable” Q3 performance as its revenues dropped and it reported an operating loss of $45 million. The weak results could mean a debt crisis for the firm: “we will be unable to meet our debt service obligations and generally fund our operations sometime within the next twelve […]