Paris-based Eutelsat is currently the third-largest in the world (after Intelsat and SES) but is determined to expand. This time last year it expanded to the East acquiring a satellite business that focussed on the Far East and part of Australia. On July 30th it announced it would build a giant satellite (Eutelsat 65 West […]
Discovery Communications reported lower-than-expected second-quarter earnings and cut its full-year outlook, but it also said Oprah Winfrey’s OWN Network, which it partly owns, was finally turning a profit. Discovery, which owns cable networks such as Animal Planet and TLC, said it now expected 2013 revenue of $5.55 billion to $5.63 billion, down from the forecast […]
British STB maker Pace has reported that profits in the first half more than tripled, driven by continuing demand for its media-server products in North America. Pace, which supplies STBs to broadcasters, said pretax profits rose to $68.6 million (€51.7m) from $21.4 million a year before. Pace said it expected full year profit for the […]
ITV has revealed a 16 per cent rise in half-year profits to £270 million, saying it expected to reverse a three per cent drop in net advertising revenues in the first half of the year with growth of 12 per cent in July and 20 per cent in August. The UK commercial broadcaster is set […]
BSkyB CEO Jeremy Darroch, in a telephone call with investment analysts, delivered some useful extra information on last week’s results. Here are some highlights (in Darroch’s words): “What remains a challenging consumer environment in the UK, customers continue to choose Sky over other providers. Over the year we grew pay for subscription products by 3.3 […]
As if to give two fingers to arch-rival BT, BSkyB detailed a very long list of record financial and operational achievements in its 12-months (to June 30th) statement early on Friday morning (July 26th). It also introduced a new number, one that echoed cable’s old Revenue Generating Units, but in Sky terms it translates to […]
SES is still suffering the legacy hangover of last year’s German analogue business (which switched off in April) and which makes this current year’s revenues difficult to compare. Strip out last year’s analogue income and SES can justifiably claim revenue growth of an appealing 7.2 per cent. Leave the old analogue in, and the revenue […]
The new face and brand of Telefonica’s IPTV service, Movistar TV, has yet to bear fruit as the company continues to lose clients. Movistar TV lost 27,000 subscribers (to June end) with its total pay-TV base declining by 20 per cent a year-on-year. Meanwhile, ONO lost €19.44 million in the first half of the year […]
Technicolor has published its Q2 and H1 2013 financial results. The company reported revenue growth was up by 3.1 per cent as compared to H1 2012. The Connected Home segment has reported a fifth consecutive quarter of double-digit year-on-year revenue growth, which is driven by on-going momentum in the emerging markets and additions to the […]
Zee Entertainment Enterprises, the main holding company for the Essel Group’s media companies, has declared record profit growth up 42 per cent to Rs 2,224 million. “Our performance during the quarter reflects the investments that Zee is making to grow its business and market share. This has been accompanied by a strong improvement in the […]