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HD+ in over 750,000 German households

Almost three years after its launch, HD+ GmbH, a wholly-owned subsidiary of SES, has reported a “very strong” Q3 performance. At the end of September, the company had more than 750,000 paying HD+ households in Germany (761,456 on September 30th, 2012). HD+ gained over 127,000 new customers from July to September this year. Growth during […]

November 2, 2012

Scripps profits up 20%

Scripps Networks saw revenues rise 12 per cent to $566 million, and net income racing ahead 20.1 per cent to $118.4 million in the quarter-year to September 30th. Scripps’ Cooking Channel saw revenue rise 31 per cent, while its DIY Network rose 26 per cent and Food Network increased 11 per cent. Revenues by network […]

November 2, 2012By Chris Forrester

Brightcove reports “strong Q3”, signs Viacom

Brightcove, a global provider of cloud-based solutions for publishing and distributing professional digital media, has announced financial results for the third quarter ended September 30th, 2012. Total revenue for the third quarter of 2012 was $22.1 million, an increase of 32 per cent compared to $16.7 million for the third quarter of 2011. Subscription and […]

November 2, 2012

City gives three cheers for BSkyB

The market response on BSkyB’s quarterly numbers, released this morning, is highly favourable. Morgan Stanley’s comments were typical, saying that despite market fears of new competition “TV adds continued to grow with 20,000 net additions (Morgan Stanley’s forecast was 10,000). This puts into perspective recent concerns that Sky might suffer a fall in net adds […]

November 1, 2012By Chris Forrester

BT Vision surpasses 750,000 subs

Subscribers to the BT Vision channel  topped 750,000 after 21,000 new sign-ups. Last quarter, BT’s YouView Internet TV service also launched with its core offering to be its recently acquired football and rugby packages. BT has reported that its pre-tax profit rose 9 per cent in the three months to September 30th to £602 million […]

November 1, 2012

Sirius-XM adds 446,000 subs

Pay-radio operator Sirius-XM is on a roll. Its Q3 results show that its subscriber base grew by a record 446,000 to a new record total of 23.4 million.  Revenue grew 14 per cent to $867 million. The company paid down $107 million of debt, helping reduce the broadcaster’s overall debt level to the lowest since […]

November 1, 2012By Chris Forrester

Canal Plus loses 50,000 subs

Spain’s digital DTH platform Canal Plus, owned by media group Prisa TV, lost 50,785 TV subscribers over the course of 12 months, leaving 1,723,530 as of September 30th 2012. The company blamed “the weak economic situation and the increase of the VAT”. With an ARPU of €42 in the third quarter, Canal Plus is failing […]

October 31, 2012From David Del Valle in Madrid

CME Q3: “Markets not recovering”

Central European Media Enterprises Ltd (CME) has announced financial results for the three and nine months ended September 30th, 2012. Net revenues for the third quarter of 2012 were $140.1 million compared to $165.5 million for the third quarter of 2011. Operating income for the quarter was $3.5 million compared to $8.9 million for the […]

October 31, 2012

Panasonic to lose another $10bn

Panasonic has warned it will lose nearly $10 billion for the second consecutive year, against an earlier prediction that it would return to profit. The company said it expected to end the financial year to next March with a net loss of Y765 billion ($9.6bn), a dramatic reversal of its previous forecast for a Y50 […]

October 31, 2012

Quickflix returns to growth

Quickflix, the Australian movie streaming and rental company, delivered stronger growth in the September quarter as it resumed a focus on subscriber acquisition following its successful rollout of digital streaming over previous quarters. Whilst continuing to invest in new content and integration of its pay-per-view and subscription streaming service in new consumer devices, the company […]

October 31, 2012