Telesat Holdings has reported a bump in sales but a large decrease in profitability, which the company blamed on a large one-time insurance claim it received last year. The Canadian maker of broadcast satellites reported its full-year financial results, stating revenues for 2012 of $846 million, a five per cent increase over the $809 million […]
UK commercial network ITV will unveil its latest financials on February 27th, and the market expects the broadcaster to declare a strong upturn in advertising revenues, with a “strong start to ITV growth in January and February [which] has continued into March” as far as forward bookings are concerned. Investment bankers Morgan Stanley, in a […]
Conax, the content security company, has reported strong growth in 2012. In a competitive global market, Conax won contracts with 26 new pay-TV operators and Telcos and entered four new countries, extending the content security provider’s global reach to 85 countries. Norway-based Conax also had a record year for shipments, closing 2012 with a 20 […]
Kabel Deutschland intends to hike its dividend by 67 per cent and increase investment as funds become available after plans to buy Tele Columbus were blocked by the regulator. Shares in KDG rose 2.5 per cent amid speculation the move could be part of its strategy to deal with a potential bid from mobile giant […]
US broadcaster DISH Network has reported 2012 total revenue of $14.27 billion compared to $14.05 billion in 2011, an increase of 1.6 per cent. Net income attributable to DISH Network in 2012 was $637 million compared to $1.52 billion in 2011. Total revenue for the fourth quarter 2012 was $3.59 billion, compared to revenues of […]
France’s top two private broadcasters, TF1 and M6, posted lower profits for 2012 as major advertisers cut their spending. TF1 said it expected revenue to fall 3 per cent this year in a “deeply troubled economic environment” and vowed to put stricter controls on programming costs in place. It posted a 26 per cent decline […]
Britain’s biggest mobile phone company has reported a slowdown in revenue growth – despite being the first UK carrier to launch a super-fast 4G mobile Internet service. EE gave no details about how many of its 26.8 million subscribers have signed up to the new service, saying only there has been “solid early 4G momentum”. […]
Cisco is pressing ahead with the reshaping of its Service Provider Video Business from a low-margin set-top box business to what Chairman and Chief Executive Officer John Chambers described as a “profitable and strategic Videoscape architecture in the cloud,” building on the company’s integration of NDS. Chambers made his comments during an analyst call discussing […]
Liberty Global President and CEO Mike Fries said, “2012 was a great year for our company and we finished on a high note, reporting our strongest subscriber growth ever in the fourth quarter. For the full year we added 1.6 million organic RGUs, including 465,000 in Q4 alone…. At the same time, we made significant […]
Discovery said that fourth quarter net income declined to $224 million, where analysts were expecting $336 million a year ago. The company attributed the drop in income to higher taxes, equity-based compensation and costs due to its acquisition of Germany’s ProSiebenSat.1 Media AG’s 12 Nordic television stations for $1.7 billion. Still, Discovery, whose cable networks […]