Eutelsat’s full-year revenues (to June 30th) were positive. Overall revenues were up 7.2 per cent to €1.21 billion (€1.13 billion in the previous year). Eva Berneke, CEO, explained that Eutelsat was in the middle of a profound transformation, commenting: “The advent and rapid adoption of LEO technology presents significant opportunities in both the commercial and […]
AMC Networks has reported financial results for the second quarter ended June 30th. The company saw a $29.2 million (€26.7m) net loss compared to net income of $70.2 million in the same period last year. The results included a $68 million impairment charge against AMC’s international operations and $29 million against BBC America – its […]
Lionsgate has reported first quarter revenue down 8 per cent to $834.7 million (€764m) to June 30th, operating income of $18.8 million, and net loss attributable to Lionsgate shareholders of $59.4 million. “We’re pleased to report a solid quarter despite unprecedented industry disruption and the aftereffects of the strikes,” said Lionsgate and Lionsgate Studios CEO […]
In reporting its Q2 results, EchoStar revealed its net pay-TV subscribers decreased by approximately 104,000 in the second quarter, compared to 294,000 in the year ago quarter. This included 6.07 million Dish TV subscribers (down from 6.26 million) and 2 million Sling TV subscribers (up from 1.92 million). The company posted a Q3 net loss […]
While Starlink and AST SpaceMobile slug it out for potential market share, a much smaller rival has reported Q2 revenues which had grown over the past quarter year (to June 30th). Globalstar is the small satellite operator that’s already active thanks to its close relationship with Apple. It reported a 10 per cent increase in […]
Warner Bros Discovery (WBD) has reported financial results for the quarter ended June 30th 2024. Shares in the media giant dropped by around 11 per cent in extended trading on August 7th after reporting a Q2 loss of $10 billion. This was primarily due to a $9.1 billion (€8.32bn) write-down of the value of WBD’s […]
ProSiebenSat.1 Group continued its 2024 growth in the second quarter. Group revenue at the German broadcaster increased by 5 per cent to €907 million. In the first half of the year, the company recorded revenues of €1.7 billion – also an increase of 5 per cent compared to the same period in 2023. The Group […]
Deutsche Telekom delivered what it described as “strong figures yet again” for the second quarter of 2024. Service revenues increased by 4.9 per cent year-on-year to €24.1 billion. At the same time, adjusted EBITDA AL grew 7.8 per cent to €10.8 billion. Excluding the effects from exchange rate fluctuations and changes in the composition of […]
Back in 2020, California-based satellite operator Viasat had 603,000 land-based subscribers and a very steady consumer business. Now, subscriber numbers are just 257,000 and not helped by problems with its ViaSat 3 F1 craft. However, the operator is winning support from airlines and their passengers. Viasat, which now incorporates London- based Inmarsat in its quarterly […]
The Walt Disney Company has reported revenue of $23.2 billion (€21.2bn) for its Q3 2024 fiscal year, rising 4 per cent on the same quarter last year. The number of Disney+ subscribers rose by around 1 per cent to 118.3 million: In the US and Canada, the streaming service added a net 800,000 new subscribers […]