Sky Italia has reported a loss 42,000 customers in Q2 2012, and a loss 71,000 customers in 12 months, to end its fiscal year with a total 4.9 million subscribers. The News Corp company reported quarterly operating profit of $89 million, down from $145 million a year ago. Over the full year, operating profit was […]
News Corp has swung to a loss of $1.6 billion compared with a net income of $683 million in the same period last year. The loss included a $2.9 billion pre-tax restructuring charge. The company plans to split into two, separating its profitable film and TV business from UK newspapers, mired in the phone-hacking scandal. […]
Despite earlier denials, Liberty Media has confirmed it’s spinning off pay-TV unit Starz into a separately traded public company. As a standalone premium network with licensing agreements in place to run Disney and Sony theatrical films, Starz could present an attractive acquisition target for predators. Starz closed the second quarter with about 20.7 million subscribers, […]
India’s Bharti Airtel DTH operation is again losing cash after four quarters of profits. While the loss is modest (Rs23m), it follows four healthy quarters. Airtel DTH also added 172,000 net new subscribers, although churn grew from 1.2 per cent/month, to a worrying 1.7 percent. Airtel has a total 7.4 million clients. Market leader remain […]
Swisscom has posted a slight fall in first half-year earnings but remained positive on new business thanks to a growing customer base. Net profit dropped 3.5 per cent to €772 million, in line with expectations. Swisscom’s IPTV service “Swisscom TV” proved a success story in 2012 H1, with subscribers up 35.5 per cent from one […]
DISH Network, the second-largest satellite TV operator in the US, posted lower second-quarter net income attributable to the company of $226 million from $335 million in the prior-year quarter. The company said that net income was negatively impacted by $43 million as a result of the loss of the 148-degree orbital slot licence in the […]
Walt Disney has reported a strong third quarter, on the back of blockbuster films. Overall revenue rose 4 per cent to $11.1 billion, operating income grew 18 per cent to $3.2 billion and net income was up 24 per cent to $1.8 billion in the period. Almost all of that growth was driven by its […]
North American pay-radio operator Sirius-XM reported Q2 growth of 622,000 taking their total subscriber count to almost 23 million. Revenues saw similar growth, up 13 per cent on the same period last year to $838 million. “SiriusXM continued its exceptional performance in the second quarter, adding over 600,000 subscribers, which represents a post-merger record, despite […]
The DVD is dying, and Blu-ray sales have not fully replaced those lost DVD numbers. The result is that Dolby Labs, which licenses its surround sound and noise reduction technology for use in equipment such as Blu-ray players, is hurting. Q3 net earnings (in the period to June 30th), issued on August 2, were lower […]
Liberty Global, the international cable TV company controlled by John Malone, posted $706.8 million in second-quarter earnings, reversing losses it posted in the quarter a year ago. Liberty Global, which operates cable TV and broadband systems in Europe and Latin America, earned the $706.8 million on second-quarter revenue of $2.5 billion. That compares to a […]