Telenor Broadcast, a subsidiary of Norwegian telco giant Telenor, reported an “all time high” EBITDA for its first-quarter trading. CEO Patrik Hofbauer said his division had enjoyed a strong quarter-year with positive developments in all parts of the division. Specifically he referred to a 39 per cent increase in encryption specialists Conax “driven by higher […]
India’s Airtel DTH broadcaster is again reporting quarterly losses of almost 2 billion Rupees (1.94bn Rupees, about $36m), much the same as its 1.95 billion loss in the period to December 31st. The loss is greater by 500 million Rupees than the same period a year ago. The accumulated losses from Bharti’s DTH division now […]
KIT digital, a video technology and services company, has reported preliminary results for the first quarter ended March 31, 2012. Based on preliminary unaudited information, KIT digital management expects to report revenue for the first quarter of 2012 of approximately $59 million, and a non-GAAP operating loss in the first quarter of 2012 of approximately […]
Hulu should require viewers to have a cable subscription, Time Warner CEO Jeff Bewkes suggested at the company’s Q1 2012 earnings report. “We think Hulu authenticating makes sense,” he added. “We think Hulu is heading in the right direction now and it might continue to be viable.” HBO Go is having “a significant positive impact” […]
Comcast, the largest cable company in the US, reported a 30 per cent profit increase in the first quarter, beating expectations on the strength of Super Bowl advertising and its popular broadband service. It reported that its net income rose to $1.22 billion between January and March, up from $943 million in the same period […]
Viacom reported higher earnings in its fiscal second quarter, with its media networks turning single-digit revenue increases into double-digits gains in operating income. Net income was $585 million, up 56 per cent from $376 million a year ago. Revenues rose 2 per cent to $3.3 billion. “In the second quarter, Viacom continued its steady growth […]
BSkyB used its third quarter results to note it was engaging positively with the Ofcom ‘fit and proper’ review and to say it was making a positive contribution to UK audiences and employment and the economy. It reported operating profit for the nine months to the end of March up 25 per cent YonY to […]
Motorola Mobility Holdings has reported net revenues of $3.1 billion in the first quarter of 2012, up 2 per cent compared to the first quarter of 2011. The net loss in the first quarter of 2012 was $10 million, compared to a net loss of $25 million, for 2011. In the home segment it said […]
Announcing its Q3 results, Sky says it is the nation’s favourite digital TV, broadband and home phone provider. Following a record quarter of growth, more than 3.2 million Sky homes now take the ‘triple play’ of services from Sky, equating to around a third of all Sky homes. Since launching in 2006, the success of […]
There’s money in pay radio, implies Sirius-XM’s latest numbers. The broadcaster reported an extremely successful Q1 adding subscribers and boosting profits – although the bottom line was also helped by a price rise. Sirius-XM’s net income grew from last year’s Q1 of $78.1 million to this period’s $107.8 million. Overall revenues grew 11 per cent […]