French-based home entertainment technology specialists Netgem impressed the market with further steady gains in revenues for its Q3 trading. The company has seen steady gains in total revenue over the course of the year rising from €18.4 million in Q1 to €19.8 million in Q2 and €20.1 million in Q3. The previous quarter also saw […]
NSR’s second installment of the Satellite Operator Financial Analysis study finds that the FSS sector remains robust in financial terms, with continued revenue growth in the outlook, while imminent IPOs and further industry consolidation (GE Satellite, KT Satellite) continue to shape the industry. In addition, the relatively recent and widespread trend of increased cost control […]
Netflix shares rose this week after an analyst said customer satisfaction is on the rise recovering from the price hike last year. Citi Research said that more customers are satisfied with the movie streaming service. It cited better sentiment in Citi’s quarterly survey of 3,800 US Internet users, including about half that either had a […]
TataSky, the Indian pay-TV joint-venture between Rupert Murdoch’s Star TV operation and the Tata conglomerate, reported increased subscriber numbers and a narrower net loss on Sept 26. Breaking out the hard numbers for TataSky is not easy because the company does not report its stand-alone figures, but net sales were up 18 per cent on […]
The top men at News Corporation have had their ‘qualitative bonuses’ cut by half because of the phone hacking scandal in the UK. The quantitative element remained intact, though, as the share price has risen 23 per cent. The businesses have certainly done well but, clearly, the main spur to the stock boost was the […]
TiVo has reported better than forecast quarterly results as it saw higher sales of its DVR through Virgin Media. “The number of TiVo subscriptions across the globe grew 41 per cent year-over-year this quarter, highlighted by continued success at Virgin Media, which recently reached one million TiVo subscriptions,” Chief Executive Tom Rogers said. While TiVo […]
Vivendi has reported a 17 per cent slip in net income to €1.5 billion compared with the same period last year, mainly on a reduced contribution from SFR which is locked in an MNO price war. The group said it would not split its media and telco assets because of the problems it would cause […]
London listed digital television software developer ANT has warned that revenue and profit for 2012 will fall short of market expectations, sparking a sell-of in shares that saw the company’s price drop 11.7 per cent. A trading update from the Cambridge-based company, which recently announced the departure of its CEO Simon Woodward, said that revenue […]
Hong Kong-based satellite operator AsiaSat has reported that its first-half trading was flat in terms of revenues. AsiaSat said it was looking how best to utilise its new AsiaSat 7 craft ahead of its need to replace AsiaSat-3S around 2014. For the six months ending June 30th, AsiaSat reported revenue of nearly 1.1 billion Hong […]
Europe’s largest commercial broadcaster RTL Group expects its full-year operating profit to drop as its German operations no longer can make up for other areas suffering from the economic crisis in Europe. The company, which is majority-owned by media conglomerate Bertelsmann, said earnings before interest, tax and amortisation (EBITA) dropped 13.9 per cent from the […]