US satellite TV broadcaster DISH Network has reported revenue of $3.61 billion for the quarter ending June 30th 2013, compared to $3.57 billion for the corresponding period in 2012. Subscriber-related revenue increased 4.9 per cent to $3.46 billion from $3.30 billion in the year-ago period. Net loss attributable to DISH Network totalled $11 million for […]
Airtel Digital TV, one of a half-dozen competing broadcasters fighting for India’s DTH subscription loyalty, says its Q1 numbers grew 14.2 per cent year-on-year from 7.4 million this time last year to 8.452 million. Growth in the three months – when compared to Q4 – was 4.35 per cent from the 8.1 million at the […]
Germany pay-TV operator Sky Deutschland will announce its Q2 numbers on August 6th and while the quarterly net additions will only be about 40,000, investment banker Morgan Stanley believes the broadcasting is well on its way to adding a total of around 360,000 net new subs this year, and 385,000 next year. The bank’s report […]
Last week Paris-based satellite operator Eutelsat revealed its end-of-year numbers and that it was buying Mexico-based SatMex in a deal worth more than $1.1 billion. CEO Michael de Rosen explained to financial analysts on the result’s conference call that Eutelsat was extremely keen to maintain its “investment grade” rating with the various Ratings Agencies. That […]
Liberty Global has reported a second-quarter loss on higher expenses from its acquisition of Virgin Media. The net loss for the period was $12 million, compared with net income of $702 million a year earlier. Revenue for the period rose 25 per cent to $3.16 billion. Liberty Global, which bought provider Virgin Media for $16 […]
The Board of Mediaset Group has approved the H1 2013 results with consolidated net revenues of €1.737 million and net profit of €30.1 million. In Italy alone, net revenues were €1.31billion, with net profit of €17.6 million. On the Spanish market, Mediaset achieved net revenues of €427 million and a net profit of €30.1 million. […]
British satellite operator Inmarsat has reported a slight dip in Q2 earnings as the impact of US defence spending cuts has a continued effect. The company, which provides communications to shipping, aircraft and remote locations worldwide, reported EBITDA of $174 million, down from $176 million a year ago. Sequestration in the US has hit Inmarsat’s […]
Viacom, owner of cable networks MTV and Nickelodeon, saw stock jump after the company doubled its stock buyback programme to $20 billion – more than half its market value. Viacom, which relies on its television business for more than 90 per cent of annual operating income, is benefiting from steady gains in licensing fees paid […]
Satellite operator DirectTV has announced an increase in second quarter 2013 revenues of 7 per cent to $7.70 billion, operating profit before depreciation and amortisation (OPBDA) of 4 per cent to $2.08 billion, a decline in operating profit of 4 per cent to $1.35 billion, and higher earnings per share of 8 per cent to […]
CBS reported record earnings as digital streaming revenue bolstered its broadcasting business. Net earnings were $472 million up 11% from $427 million a year ago. Revenues were up 11 per cent to $3.7 billion, led by a 22 per cent increase in content licensing and distribution revenues. Affiliate and subscription fees, including retransmission consent fees, […]