German commercial broadcaster ProSiebenSat.1 has reported improved Q3 figures as its content production, digital and international channels businesses posted higher revenue. That offset weaker revenue in German-language TV markets where the company had to compete with the Summer Olympics on public broadcasters. The company’s Q3 earnings increased by 184 per cent to €65.1 million. One-time […]
Spanish telco giant Telefónica swung to profit in the third quarter from a net loss in the same period last year, as growing contributions from its Latin American operations offset mounting troubles in Europe. The company said net profit for the three months to September 30th rose to €1.38 billion, from a €429 million loss […]
Spanish cable operator Ono has reported an additional 22,000 TiVo customers during the third quarter, taking the total number of subscribers of its next-gen DVR service to 56,000. Although the service currently has the capacity to reach 6.5 million households it has not yet taken off in Spain. The company says it is getting very […]
Benefiting from one-time gains and the continued strength of cable channels like Fox News, News Corp posted earnings that generally exceeded analysts’ expectations. The company said that net income in the third quarter of the year jumped to $2.23 billion from $738 million, or 28 cents a share, in the same quarter last year. The […]
US satellite TV giant DirecTV reported higher third-quarter earnings as its US pay TV subscriber growth momentum slowed. The company posted a profit of $565 million, up 9 per cent from the year-ago period. Revenue rose 8 per cent to $7.42 billion. DirecTV signed up 67,000 new US pay TV subscribers in the third quarter. […]
Dish Network, the second- largest US satellite-TV provider, has reported an unexpected Q3 loss. The net loss was $158.5 million, compared with a profit of $319.1 million a year earlier, the company said in a regulatory filing Dish lost 19,000 net subscribers in the quarter. Subscriber acquisition costs jumped 15 per cent to $453 million. […]
Factual broadcaster Discovery Communications is downgrading its 2012 anticipated revenue numbers, with revenues and net income affected by a strengthening dollar and higher taxes on profits. On November 6th it reported worse-than-expected quarterly revenues. The broadcaster now says that this year will see total revenues of between $4.48 billion-$4.53 billion, and down from earlier guidance […]
In reporting Q3 numbers for what its President and CEO Mike Fries described as the cable MSO’s strongest quarter of the year in terms of rebased revenue and OCF performance, Liberty Global International (LGI) revealed that the introduction of its Horizon product family in the Netherlands had attracted 50,000 subscriptions and had over 125,000 unique […]
Third quarter results from Time Warner Cable, the second largest US cable operator, reveal that the company lost 140,000 video customers during the quarter. It added 85,000 Internet customers, but no phone subscribers in the residential segment. Broadband services revenue grew 14.3 per cent, including additions from Insight Communications. Time Warner Cable acquired Insight for […]
Satellite company Inmarsat posted a 5 per cent rise in third-quarter revenue, excluding its LightSquared partnership, helped by take-up of its broadband services by shipping customers globally. The company, which provides communications to shipping, aircraft and remote land locations, said it added 2,128 FleetBroadband terminals in the quarter, taking its installed base to 32,000. Inmarsat […]