Amino Technologies, the UK STB maker and solutions provider for in-home multimedia distribution, has announced audited results for the year ending November 30th 2011 showing year-on-year growth in revenue, operating profit, margins and cash generation. Turnover was up 18 per cent to £51.8 million (€62m) with gross profit up 16 per cent to £14.5 million […]
Viacom-18 is the Indian joint-venture between Sun-18 and Viacom, and covers top-rated channels such as Hindi-language ‘Colors’ and Viacom’s Bollywood-flavoured MTV India. But the venture is still investing cash for future success, which translates into losses up 47 per cent to IR 532 million ($11m) for the quarter to December 31st, whereas a year earlier […]
Sky Italia has reported second quarter operating income of $6 million, an improvement of $18 million versus the $12 million operating loss reported a year ago. Revenues increased slightly on advertising and subscription revenues. The operating profit improvement was also driven by lower operating expenses and programming costs. Sky Italia’s 5.03 million subscriber had 23,000 […]
Modern Times Group has seen net sales up 6 per cent year on year SEK 13,473 million. Operating income was SEK1,900 million but sank to a net loss of SEK 1,289 million when non-recurring items and associated companies were included. Hans-Holger Albrecht, President and Chief Executive Officer, commented: “All four of our broadcasting businesses reported […]
News Corp has seen its net profits rise 65 per cent in the three months to the end of December 2011 compared to the same period in 2010. The company made $1.06 billion net profit in the period, up from $624 million in 2010. The firm’s results were fuelled mainly by income from advertising and […]
Virgin Media has posted fourth quarter results ahead of forecasts and generated strong cash flows as customers bought into to its new TiVo service and fast broadband offerings. Like BSkyB, Virgin has focused on upselling to existing customers in recent quarters. The number of customers taking its new smart TiVo TV service more than doubled […]
Strong performances from Walt Disney’s ESPN and the Disney Channel helped drive a 12 per cent increase in the company’s first-quarter net income compared with a year earlier. It reported that revenue for the quarter ended December 31st was essentially flat at $10.8 billion, up 1 per cent from a year earlier. Net income rose […]
Norway’s telco giant Telenor has reported some mixed results for its 2011 end-of-year numbers. The group’s broadcasting interests include satellites, encryption specialists Conax, and DTH broadcaster Canal Digital (which beams pay-TV channels to Norway, Sweden, Finland and Denmark). Telenor’s annual profit halved in 2011, as higher costs dragged the firm into the red during the […]
TalkTalk admitted it had lost a net 60,000 customers in the third quarter but had increased the ARPU which rose from £24.70 to £25.30 as consumers switched to premium products. Broadband revenue was up by 1.6 per cent quarter to £312 million, “we are being more successful in attracting and retaining more profitable customers,” said […]
BT added 39,000 subscribers for its IPTV ‘BT Vision’ in the fourth quarter of 2011 – just a few hundred less than Sky in the same period – bringing the total to 679,000. Consumer ARPU was up 5 per cent to an annual £337 (€405) reflecting the increased take up of both broadband and BT […]