UK quad-play comms provider TalkTalk has revealed that it has connected 29,000 customers to its TV service since September’s launch, with the base growing by 1,000 per day. According to the company, which is targeting 3 million users, the process is running smoothly with very positive feedback from users. The update came as the telco […]
Later this week, CEO Brian Sullivan will unveil Sky Deutschland’s Q3 numbers. Investment banker Morgan Stanley is optimistic that the News Corp-backed broadcaster will again be EBITDA positive. The bank’s latest note to investors states that it believes pay-TV in Germany has “broken through”. It is anticipating net additions for Q3 of 80,000 subscriptions (a […]
ITV reported a 6 per cent year-on-year fall in TV ad revenues in the third quarter of 2012 as advertisers held back spend while the BBC covered the London Olympics. Meanwhile ITV Studios is forecast to make profits of more than £100 million (€125m) this year. TV ad revenues fell 10 per cent year-on-year in […]
German cable operator Kabel Deutschland has reported a Q2 net profit of €61 million, compared to net profit of €36 million in the same period last fiscal year. Total revenues added up to €453 million in the quarter, with an annual growth rate of 5.5 per cent. Revenue growth accelerated to 8.3 per cent in […]
Shares in Quickflix, the Australian online and movie rental service, have been placed in a trading halt after the company struggled to raise cash to fund its operation. Questions are also being raised as to the value of its subscribers. The halt will last until the opening of trade on November 15th. Earlier this month, […]
Continued growth in the German free TV market and the continued global success of production arm FremantleMedia’s Got Talent and X Factor TV formats helped parent company RTL Group to improved third-quarter financials. Revenue for the quarter was up 5.5 per cent to €1.296 billion, with operating profits up 5.8 per cent to €165 million. […]
Moody’s has cut its rating on Sony’s debt to the lowest level above junk and warned of possible further downgrades. The credit agency reduced Sony’s long-term debt rating to Baa3 from Baa2, its third downgrade of the company this year. “Earnings will stay weak due largely to prolonged operating losses in TVs and mobile phones, […]
France’s Numericable says its triple-play, quadruple-play and fibre subscriber bases have significantly grown over Q3 of 2012 to 1.2 million. Following its investment into fibre, Numericable claims leadership with over 4.694 million households passed and 585,000 very fast broadband subscribers. For the third quarter of 2012, the group posted revenue of €214 million, up 0.9 […]
Satellite giant SES has reported its Q3 numbers saying that revenues increased 8.7 per cent to €467.7 million, and helped by a stronger dollar during the period which ended September 30th. However, at constant exchange rates that number softened to a 1.8 per cent increase on the same period last year. For its 9-month trading […]
News Corp’s Q1 figures (to September 30th) reveal that the Sky Italia pay-TV division lost 40,000 subscribers during the summer period despite paying around $70 million for television rights to the London Olympic Games. Sky Italia ended the quarter with 4.86 million subscribers. Sky Italia had net operating income of $23 million, well down on […]