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CME reduces debt

Central European Media Enterprises (CME) has announced financial results for the three ended June 30, 2012. Net revenues for the second quarter of 2012 were $211.2 million compared to $249.7 million for the second quarter of 2011. OIBDA for the quarter was $47.1 million compared to $62.7 million for the three months ended June 30, […]

August 1, 2012

Eutelsat: Solid, and 52,450 TooWay subs

Eutelsat’s full year results were released late on July 30 showing some extremely solid numbers, including confirmation of an extra satellite order for the operator’s increasingly ‘hot’ orbital spot over the Middle East. But conspicuous by its absence was any detailed explanation on Eutelsat’s Ka-Sat and its TooWay ‘broadband by satellite’ service. Eutelsat says its […]

July 31, 2012

ONO relies on TiVo to stop pay TV free fall

Spain’s largest cable operator, ONO, is relying on its added-value TV service TiVo in an attempt to soften the pay TV decline. The company ended the first half of the year with 897,000 pay TV subscribers against 952,000 clients a year earlier. However its TiVo service, available to 92 per cent of its network, captured […]

July 30, 2012From David Del Valle in Madrid

Netgem posts €19.8m Q2 revenues

French STB manufacturer Netgem has posted revenues of €19.8 million in the second quarter, up from €17.6 million in the same period last year. International sales grew to €13.3 million from €7.5 million, but sales in France fell to €6.4 million from €10.1 million. The Group recorded a current operating profit of €5.0 million for […]

July 30, 2012

New markets boost SES growth

Luxembourg-based satellite operator SES reported further revenue growth on July 27 (for the six months to June 30) citing successes in winning business from new markets as being partly responsible. Revenues were up 4.8 per cent over the same period last year (to €892 million) and generating an operating profit up 2.4 per cent to […]

July 27, 2012

Brightcove Q2 up 41%, acquires Zencoder

Online video platform Brightcove has reported Q2 revenues of $21.6 million, up 41 per cent year-over-year, and the company ended the quarter with 4,697 customers using its Video Cloud and App Cloud platforms, up 43 per cent year-over-year. “We are pleased with our second quarter results, which exceeded our guidance on both the top and […]

July 27, 2012

TalkTalk confirms Free TV package

Announcing its Q1 results, UK telco TalkTalk has confirmed the launch of Free TV for its TalkTalk Plus customers. Dido Harding, Chief Executive of TalkTalk, said customers would be able to pre-register immediately for their free YouView set-top box with no additional monthly subscription. The package also includes TalkTalk Player, 12 months free subscription to […]

July 26, 2012By Colin Mann

BSkyB: Record profits, up 14% to £1.2bn

BSkyB reported impressive financials (year to June 30) on July 26, with record operating profits of £1.2 billion on revenues of £6.79 billion, and representing growing margins of 18 per cent which Sky says is the highest margin level for the past six years. Sky also announced that it had struck a deal with UK […]

July 26, 2012By Chris Forrester

ITV H1 lifted by ITV Studios

ITV has reported an almost 8 per cent year-on-year fall in pre-tax profits to £167 million in the first half of 2012, and confirmed fears of a declining UK TV ad market with September revenues forecast to be down as much as 5 per cent. However, the UK commercial broadcaster’s share price rose 8 per […]

July 26, 2012

AT&T adds 155,000 U-verse subs

More evidence that the US telcos are stealing subscribers away from cable and DTH comes from AT&T, which says it has added 155,000 net additions in the quarter-year and taking its overall U-Verse numbers to 4.15 million. Some 75 per cent of AT&T’s U-verse subscribers are taking either a triple-play of quad-play bundle of services. […]

July 26, 2012By Chris Forrester