Savvy shareholders in Sky Deutschland, including Rupert Murdoch, are beginning to see some very positive traction in the broadcaster’s share price. It rose steadily through December to its current €4.36, and Berenberg Bank’s Sarah Simon reckons it still has plenty of upside and gives the stock a “Buy” rating and a target price of €5.40. […]
Set-top box maker Pace has seen its shares fall 6 per cent after they returned from suspension following the company’s bid for Motorola’s set-top box business put on the block by Google. Arris won the prize for $2.35 billion. Pace said it was unable to agree acceptable terms with Google: “We viewed the potential acquisition […]
Hulu has reported that its revenue rose by 65 per cent in 2012 to $695 million. The US joint venture of Disney, Fox Broadcasting and NBCUniversal, is a private company and doesn’t report quarterly financials, but CEO Jason Kilar revealed some year-end figures in a blog. He said Hulu generated $100 million in revenue in […]
Italy’s Berlusconi-backed commercial broadcasting network Mediaset is having an unexpectedly half-decent December in terms of advertising revenues, says a report from Berenberg Bank. Revenues have been helped by a campaign from new low-cost cellular operator BIP which is screening its commercials only on the Mediaset channels. However, senior analyst Sarah Simon says that this is […]
Investment bankers Morgan Stanley, in a note to clients, says that broadcaster CTC Media has plenty of upside potential should the Russian advertising economy improve, or if its own ratings improve. Morgan Stanley advises investors to stay “Equal Weight” as far as shareholdings are concerned. However, the bank admits that 2012 has been a “lacklustre” […]
EchoStar Corp, the satellite operating arm and sister company of Dish Network, saw revenues fall in the quarter-year to September 30th. Total revenue for Q3 was $764.72 million, compared to $863.16 million for the same quarter last year. Net income was $184.82 million compared to $16.53 million. Total revenue for the nine months ended September […]
PVR specialist TiVo has reported a very healthy set of Q3 numbers with excellent subscriber growth as well as a strong revenue pile from litigation successes. It declared that it now has almost 3 million subscribers, helped by a further 250,000 net gains from deals struck with cable MSOs. TiVo explained that it is working […]
Income for the fourth quarter increased by 12 per cent at Viacom, while its revenue fell 17 per cent as a result of a decline in domestic advertising revenue and a strategy to release a diminished slate of movies through its Paramount Pictures studio. The media company, whose cable channels include Nickelodeon, MTV and Comedy […]
Poland’s pay-TV operator Cyfrowy Polsat saw net subscriber growth of some 5000 homes in its third-quarter year, to 3.558 million. This modest growth was helped by more significant growth on its additional services. For example, the broadcaster’s internet subscriber numbers grew by 18,000 to 117,300 and mobile telephony subs rose by 3300 to 144,290. All […]
Pace plc has released its Interim Management Statement for July 2012 to November 2012. It says revenues in the period were in line with management expectations and ahead of last year, driven largely by the launch of and strong demand for next generation Media Server products in North America. It expects revenue in H2 2012 […]