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Netflix 40m subs, global ambition

Netflix has added more than 10 million subscribers in the last 12 months, taking it to 40 million overall, according to the company’s latest quarterly results. Netflix reported revenues of $1.1 billion and a net profit of $32 million for the third quarter of 2013. Around 31 million of its members are in the US, […]

October 22, 2013

“Strong start” for BSkyB

BSkyB unveiled a strong set of numbers for its first quarter-year’s results with plenty of highlights to keep the market happy. Top line headlines included revenues up 7 per cent (to £1.843 million) and 800,000 new paid-for ‘subscription products’ which is a 50 per cent uplift on a year ago. Sky enjoyed 111,000 new broadband […]

October 17, 2013By Chris Forrester

All eyes on BT, for BSkyB numbers

BSkyB’s Q1 numbers are out on Thursday and all eyes will be looking for the impact of BT Sports and its competitive challenge to Sky. Investment bank Berenberg, in a report to clients, say that while the market has been well aware of the competition from BT, “the actual effect on BSkyB numbers will only […]

October 15, 2013

BSkyB: Slow sub growth expected

BSkyB will reveal its Q1 numbers (to Sept 30) on October 17th, and is expected to reveal slower growth in overall subscriber numbers for its range of products. Investment bank Morgan Stanley, in a note to clients, says it expects product growth to be some 595,000, and down from Q4’s 700,000 although ahead of last […]

October 14, 2013By Chris Forrester

Kabel Deutschland trims forecasts

Kabel Deutschland has trimmed its revenue forecast for the current financial year and said the pending takeover of the company by Vodafone would hit full-year net income. The German cable company, releasing “selected” preliminary results for the second quarter, said it now expected revenue growth of 5-6 per cent in the year ending March 31st […]

October 10, 2013

Netgem international sales grow

For the quarter ending September 30th 2013, French technology specialists Netgem has posted a consolidated revenue of €24.1 million, taking its nine-month consolidated revenue to €57.9 million, of which 75 per cent from international sales.  The growth in international sales stems from the successful launch of the new T-Box in Australia, as well as from […]

October 4, 2013

Intelsat warns of lower revenues

Intelsat, the world’s largest satellite operator, says that its Q3 revenues will be hit by the slowdown in military and other ‘government’ spending. Speaking at the Deutsche Bank investors conference, Intelsat CEO Dave McGlade said the normal end-of-year buying burst from the US government’s Defense Information Systems Agency (DISA) will not happen this year. McGlade […]

October 3, 2013By Chris Forrester

Motive TV making financial progress

Motive TV’s ‘Television Anytime Anywhere’ platform, helped by fresh contracts with Digiturk, CME and a heads-of-agreement in place with South Africa’s Siyaya FTA TV, saw H1 revenues grow 16 per cent in the half-year to June 30th, and gross profits up 90 per cent. Actual revenues were £573,082, with profits of £208,725 (same period 2012 […]

September 27, 2013By Chris Forrester

UKTV turns in record numbers

UKTV, the multi-channel TV and VoD provider owned by the BBC’s Worldwide commercial arm and Scripps Networks Interactive, has reported a 2012 operating profit of $112 million (£71m) based on revenues of $414 million.  UKTV has never before revealed its numbers but these are believed to be record figures. Executives from UKTV said a considerable […]

September 17, 2013By Chris Forrester

Improvements at TF1

“TF1 is still the worst-performing (commercial) broadcaster this year,” says a report from investment banker Morgan Stanley, “but things are improving.” “After years of steady decline, TF1’s group audiences have stabilised at a high level over the last 12 months. TF1’s rebates are now more in-line with peers’, and the incremental impact of the six […]

September 10, 2013By Chris Forrester