The Walt Disney Company has reported that Q4 revenues increased 6 per cent QoQ to $22.6 billion (€21.4bn), and 3 per cent for the year to $91.4 billion. The media and entertainment giant achieved 23 per cent growth in total segment operating income for Q4 and 21 per cent for the year, and 39 per […]
In the first nine months of 2024, German broadcaster ProSiebenSat.1 Group reported it generated Group revenues of €2.6 billion. This is an increase of 3 per cent reflecting higher Digital & Smart advertising revenues in the German-speaking region as well as growth in the Commerce & Ventures segment. Organic growth – i.e. adjusted for portfolio […]
Deutsche Telekom has reported that it “remained on course for success” in Q3 2024, in line with the plans recently outlined by the company at its Capital Markets Day in mid-October. Revenue increased in the period from July to September by 3.6 per cent year-on-year in organic terms – i.e., excluding exchange rate fluctuations and […]
The Board of Directors of Rai Way have approved the Company’s Interim Financial Report for the nine months ended September 30th 2024. Consistently with the first half of the year, in the first nine months Rai Way recorded core revenue growth of +1.1 per cent to €206.5 million, higher than the contribution alone of inflation […]
EchoStar’s share price has plummeted 13 per cent as news emerged that TPG (the former Texas Pacific Group) has said that the acquisition by DirecTV of EchoStar’s pay-TV assets was at risk because of EchoStar/Dish bond-holders who were holding out over the terms of a debt exchange offer. There are multiple reports that Dish bondholders […]
RTL Group has reported that January to September 2024 group revenue stable at €4.2 billion, as higher TV advertising and streaming revenue were offset by lower content revenue from Fremantle. Group revenue was down 1.5 per cent organically. Group revenue in Q3 2024 for continuing operations was down 5.5 per cent to €1.3 billion, mainly […]
AMC Networks has reported financial results for Q3, and also announced that is has closed a transaction with BBC Studios which sees it acquired the remaining 50.1 per cent of the BBC America joint-venture that it had not previously owned for $42 million in cash. The company said it closed the transaction for BBC Studios […]
Paramount Global posted mixed Q3 numbers as its TV and film divisions slipped, but there was solid subscription growth and profits for streaming service Paramount+. Revenues for Q3 were $6.73 billion (€6.26bn), down 6 per cent YoY. Adjusted OIBDA was up 20 per cent at $858 million. D2C revenue was a high spot, up 10 […]
It is becoming ever-clearer that geostationary satellite operators can no longer serve new clients without access to lower orbiting satellites. SES has its mPOWER O3b fleet. Eutelsat has its OneWeb lower orbiting assets. Now California-based Viasat, which also owns London-based Inmarsat, says it wants a closer relationship with Canada’s Telesat and its upcoming Lightspeed low […]
TKO Group, owner of WWE and UFC, has reported Q3 revenue of $681.2 million (€632.2m) – an increase of 52 per cent on the same quarter last year. The company revised its FY target for revenue to the upper end of the range of $2.670 billion to $2.745 billion. Ariel Emanuel, Executive Chair and CEO […]