Sky Deutschland has delivered another set of encouraging results ahead of analysts’ expectations. The operator added 98,000 net customers in the third quarter, doubling its additions year-on-year and taking net additions for the year to over 200,200. Gross adds were 188,000, up 17 per cent year-on-year, while churn fell to 12.7 per cent from 18.5 […]
Viacom reported higher fourth-quarter net income thanks to the box office and solid performances at its cable networks. Net earnings were $576 million up from $189 million a year ago. Revenues rose 22 per cent to $4.05 billion. “We enter a new fiscal year with a proven track record of managing our operations effectively in […]
Italy’s Mediaset expects that the 2011 operating loss at its pay-TV unit, Mediaset Premium, will amount to approximately €50 million and not €30 million as previously estimated. Speaking at the presentation of the results of the first nine months of 2011, Mediaset CFO Marco Giordano stressed it will be difficult to achieve break-even in 2012 […]
RTL has reported that Q3 revenue rose 6.6 per cent year on year in the third quarter to €1.24 billion thanks to a boost in TV ad sales in Germany, France and the Netherlands and growth at FremantleMedia. Earnings before interest, tax and amortisation rose 8.3 per cent year on year to €144 million. The […]
KIT Digital, a software solutions and technology services provider for multi-screen, multi-platform video management and delivery, has reported record quarterly results for the period ended September 30th, 2011. Q3 results increased 29 per cent sequentially to a record $62.3 million from $48.2 million in the previous quarter, and increased 124 per cent from $27.7 million […]
Intelsat, the world’s leading provider of satellite services, has reported results for the three months ended September 30th, 2011. It had revenue of $652.9 million and a net loss of $0.4 million. Included in the quarterly results were a $20.2 million pre-tax non-recurring charge from a loss on previously unconsolidated affiliates and a $42.7 million […]
Dish Network’s third-quarter earnings rose 30 per cent as increased equipment, merchandise and rental revenue supported a double-digit jump in sales. Meanwhile its former unit EchoStar swung to a loss amid sharply higher costs. The satellite-television operator has been working to diversify its business in the face of a maturing US subscription television market and […]
Carphone Warehouse is giving up on its Best Buy chain of electrical goods megastores in the UK. The chain was a joint venture with the US parent – America’s biggest seller of consumer electronics – and came about as part of the deal where Best Buy US paid £1.1 billion to take a 50 per […]
Dan Goldberg, CEO at Ottawa-based Telesat, has reported flat revenues for the nine month period to September 30th, but he stated that new craft coming on stream next year will boost income for the satellite operator. Two satellites are due for launch in 2012: Nimiq-6 and Anik G1. Telesat’s revenues were $585 million for the […]
Portugal Telecom has reported 55,000 new subscribers to its pay-TV service ‘Meo’ in the third quarter of 2011 to reach 974,000 customers – adding that it expects to surpass the 1 million milestone before the end of the year. September was reported to be its best-ever month for Meo net additions, The company now holds […]