Virgin Media has announced results for the quarter ending March 31st 2013 with revenue up 3.6 per cent to £1.043 billion (€1.23bn) and operating income up 14 per cent to £150 million. Other highlights included cable customer net additions of 8,600, churn fell to 1.1 per cent, the sixth consecutive quarter of year-on-year improvement, triple-play […]
Pace has announced its Interim Management Statement for the four months to April 23rd 2013. At its Annual General Meeting Allan Leighton, Chairman said: “I am pleased to report that Pace has made an encouraging start to the new financial year with strong revenue growth in the period, in line with our expectations. We expect […]
Mediaset Premium, the pay-TV unit of Italian commercial broadcaster Mediaset, ended the first quarter of 2013 with around 2 million subscribers and a 10.2 per cent increase in revenue over the same period last year. According to data presented at the Mediaset AGM, approximately 40,000 to 50,000 new families per month are using the Premium […]
Sky Deutschland will reveal its latest numbers on May 3rd, a week earlier than usual and ahead of its numbers being consolidated into News Corp, which declares its own results a week later on May 8th. Sarah Simon, an analyst at Berenberg Bank, in a note to clients says not to expect too much from […]
Video search engine blinkx has provided a trading update for the financial year ended March 31st 2013. Highlights include: • Revenues for the yearare expected to be approximately $196 million, ahead of the previously upgraded range of $180 to $185 million, an increase of 71 per cent from the year ended March 31st 2012. • […]
Falling sales of televisions hit quarterly earnings at LG Electronics while a weaker yen benefited Japanese rivals. The South Korean company cut television prices sharply in the face of falling demand and rising competition. That overshadowed record smartphone sales as LG tries to make up lost ground in the mobile phone market by focusing on […]
A first-quarter gain of just over 2 million subscribers to its streaming service helped Netflix shares soar, passing $200 a share in after-hours trading for the first time since 2011. Industry expectations were of about 1.7 million. Quarterly revenue exceeded $1 billion for the first time. Netflix also announced a new subscription option designed to […]
Since Sky Television launched its first handful of channels in February 1989, the broadcaster had stayed true to emphasising its growth via its quarterly DTH subscriber numbers. That’s about to change. On May 2nd when CEO Jeremy Darroch unveils BSkyB’s latest quarterly results, the DTH numbers will be merged with its ‘NOW TV’ numbers and […]
Analyst firm Trefis anticipates solid quarterly results from video streaming Netflix when it reports its Q1 2013 earnings on April 22nd. It expects Netflix to grow its overall subscriber base while reducing international losses. It notes that last quarter Netflix added over 2 million domestic streaming subscribers taking its full year net subscriber additions to […]
Modern Times Group (MTG) has published its financial results for the first quarter ended 31 March 2013. Highlights include: – Net sales of SEK 3.223 billion – up 2 per cent at constant exchange rates – Operating income of SEK 219 million when excluding associated company income – Total operating income of SEK 454 million […]