The combined Arris/Motorola gained market share on rival Cisco in the final quarter of 2012. Synergy Research Group said video infrastructure revenues reached $8.8 billion in the quarter, 3 per cent up over the final quarter of 2011 and also 3 per cent up on the previous quarter. However, the final quarter of the year […]
Falling advertising revenue dragged Mediaset to its first annual loss since it listed on the stock exchange 13 years ago. Italy’s largest private broadcaster recorded a net loss of €287 million for 2012 on advertising revenues down 16 per cent compared with a year earlier. It said it had taken write-offs worth €308 million on […]
Netgem’s current operating profit for 2012 amounted to €12.3 million (-3 per cent compared to 2011) or 15 per cent of full-year revenue of €81.2 million (-4 per cent compared to 2011). Gross margin for 2012 amounted to €30.2 million (37 per cent of revenue) as compared to €32.4 million in 2011 (38 per cent […]
California-based Trinity Broadcasting Network is breaking into the Spanish local DTT market following the acquisition of four local DTT licences that cover parts of the Madrid region from the Spanish media group Libertad Digital, owned by the journalist Federico Jimenez Losantos. The sale comes as when the local DTT market in Spain is going through […]
Many Wall Street analysts, as well as savvy investors, seem to believe that a merger between DirecTV and arch-rival Dish Network is very much back on the cards. Last week saw DirecTV’s share price rise a useful 4.5 per cent (and a 52-week ‘high’), and Dish rise almost 3 per cent on the rumours, and […]
ONO, Spain’s largest cable company, is performing well despite the economic crisis – reporting a profit of €52 million, up 3.9 per cent in comparison with the previous year. Total revenues amounted to €1.573 billion, up 5.9 per cent, mostly due to the increase in revenues in the businesses market with a growth of 37.3 […]
Hong Kong-based AsiaSat has reported record revenues for 2012, but warned that a major customer had negotiated “considerably lower” lower transponder lease rates which will kick in later this year, and as a result this current year’s numbers will suffer. AsiaSat is somewhat stuck in that its fleet is operating at near full capacity (79 […]
Scripps Networks Interactive’s CEO, Kenneth Lowe, speaking at Deutsche Bank’s annual media and telecom conference in New York, said the broadcaster was extremely pleased with the way Travel Channel International, acquired in March 2012 for $103 million, is performing. Lowe said overall viewership would continue to rise in “high single digit, or low double-digit” this […]
Inmarsat posted a 20 per cent fall in full-year pretax profit after revenues dried up from the ill-fated LightSquared plan to create a new mobile network in the US. The company, which also provides services to aircraft and military and aid agencies, posted pretax profit of $294 million for 2012. Excluding the contribution from LightSquared […]
Set-top box maker Pace has revealed that its full-year profit had increased by 46 per cent – boosted by higher demand from US clients such as DirecTV and Comcast. Pace forecast that 2013 revenue would be almost at last year’s levels. The company, which supplies decoders to global television operators such as Virgin Media and […]