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Prisa TV subs and profits down

Prisa lost 28,350 satellite subscribers in the first quarter, ending March with a total of 1,691,281. But it added 22,740 customers from other carriers of Canal+ 1, including OTT. Prisa’s average ARPU of €43.1 was slightly up on the €42.4 million posted a year earlier. Prisa TV (Canal+) revenues grew by 18.3 per cent year-on-year […]

May 10, 2013From David Del Valle in Madrid

Sirius-XM sticks with 150m forecast

Liberty Media-controlled pay-radio operator Sirius-XM is sticking to its forecasts that by the end of 2017 there will be around 100 million vehicles potentially able to pick up Sirius-XM’s satellite signals. By 2023 that number will be around 150 million. This is not to say that each of these vehicles will be paying for Sirius-XM, […]

May 10, 2013By Chris Forrester

Carey: “Broadcast must adapt”

Chase Carey, COO of News Corp, has said broadcasters must break of the rules by which they have operated for decades, or face decline. Carey’s declaration came as he presented a weak advertising quarter for the groups FTA channels. Carey said broadcast TV remained “the dominant form of event television” but was stuck with “historical […]

May 9, 2013

Mediaset profits fall 41%

Spain’s Mediaset, owner of Tele 5 and Cuatro, has seen its profits drop by 41 per cent to €12.5 million in the first quarter of the year. The acquisition of Cuatro had a negative impact in its profits but the company survived the TV crisis with ad revenues reaching €190 million, representing a 44 per […]

May 9, 2013From David Del Valle in Madrid

Dish Network hurt by churn

Charlie Ergen’s Dish Network saw Q1 earnings tumble 40 per cent on higher costs, while at the same time suffering flat subscriber numbers and higher churn. Dish added about 654,000 gross pay-TV subscribers, compared with 673,000 additions a year ago. The company ended the first quarter with a customer base of 14.1 million, up fractionally […]

May 9, 2013By Chris Forrester

Liberty Media boosted by Sirius XM

John Malone’s Liberty Media posted improved Q1 after the inclusion of Sirius XM Radio in its financials and the separation of Starz, which was spun off into a separate company. Revenue increased from $35 million to $789 million in the first quarter. Adjusted operating income got into positive territory with an increase of $288 million […]

May 9, 2013

Deutsche Telekom passes 2m TV customers

Deutsche Telekom’s operating profit fell 4.3 per cent in the first quarter, as it invested in its major markets in Europe. First-quarter EBITDA, excluding exceptionals, came in at €4.29 billion. Deutsche Telekom said investments came to more than €3 billion in the first quarter, up almost 40 per cent from last year, mainly on the […]

May 8, 2013

Eutelsat presses all the revenue buttons

As expected, Paris-based satellite operator Eutelsat turned in an impressive set of Q3 numbers after trading hours on May 7th. All its key metrics were positive with insiders also talking optimistically about the state of play on its giant Ka-Sat craft.  An order from Rawafed Libya for 1.6 Gb/s Ka-Sat service in terms of capacity […]

May 8, 2013By Chris Forrester

Cable channels lead Disney profits

Profits jumped at Walt Disney as its cable networks turned in a strong performance.
 Second-quarter net income rose 32 per cent to $1.5 billion, from $1.1 billion a year ago. Revenues rose 10 per cent to $1.06 billion. Disney’s stock was already at record levels and the earnings report exceeded analysts’ expectations. “Our results reflect […]

May 8, 2013

OSN sees 30% subs growth

Not so long ago the then two main Middle East pay-TV broadcasters Orbit and Showtime were both losing cash and neither making much progress with subscribers. In 2009 they merged into the Orbit Showtime Network (OSN), and started making the changes, both operationally and financially, that have since led to stronger growth and profits. OSN […]

May 8, 2013By Chris Forrester