Eutelsat’s Q1 revenues were up 3.4 per cent to just shy of €300 million, and it is now saying that it is likely to see accelerated top-line growth in the second half of the year, and is confirming its guidance that this year’s outlook is positive, and that looking forward three years it is confirming […]
In something of a recovery BT announced 2nd quarter results ahead of expectations including a 24 per cent jump in net profit, underpinned by further cost cutting. Net profit rose sharply to £494 million for the three months ended September 30 from £399 million a year ago, thanks to lower operating costs and finance expenses. […]
Liberty Global announced its financial and operating results for the third quarter ended September 30th, 2011. Highlights were the organic additions of RGUs increased 96 per cent to 327,000 revenue of $2.61 billion up 4 per cent and operating income increased 17 per cent to $522 million. Liberty Global’s President and CEO Mike Fries said, […]
News Corp has used its quarterly earnings report to highlight the success of its cable television and film units while trying to redirect investors’ attention from a phone hacking scandal at the company’s British newspaper unit. Buoyed by channels like Fox News and FX and the strong box-office performance of 20th Century Fox’s “Rise of […]
DirecTV posted a higher quarterly profit as it won US video subscribers away from rival cable with a giveaway of its exclusive National Football League games package. But the leading US DTH provider missed analysts profit forecasts due to expenses related to its rapid rate of customer additions and rising programing costs including the multibillion […]
Comcast’s third-quarter profit rose 4.7 per cent, as the cable company increased Internet-access subscriptions and slowed pay-TV defections—despite weaker results from its newly acquired NBC broadcast network and Universal movie studio. The largest US cable operator has struggled with stalling industry-wide growth in pay-TV subscribers in the recession. Instead, much of Comcast’s growth in its […]
Time Warner’s net income was $822 million for the third quarter, a 57 per cent increase over the same quarter last year when it was $522 million. Total revenue rose 11 per cent to $7.07 billion, from $6.38 billion, which the company said represented its highest rate of growth in four years. The July release […]
Sony has warned that it is on target to make its fourth annual loss in succession. It unveiled a 27 billion yen ($346m) loss for its second quarter, compared with a profit of 31 billion yen for the same period last year. The company said the strong yen, floods in Thailand, and weak demand in […]
Discovery Communications, whose cable networks include Discovery Channel, TLC and Animal Planet, benefited from solid advertising sales at both its domestic and international networks, showing no ill effects from the grim economy. Revenues from fees it collects from TV distributors also surged. Overall, Discovery’s third-quarter net income rose to $237 million. That surpassed the $186 […]
Profits at Sirius XM Radio grew by more than 50 per cent in the third quarter, and its subscription numbers hit a record of 21.3 million but analyst were disappointment with Sirius’s subscription growth rate saw the stock fall over three per cent. For the three months ended September 30th, Sirius had $763 million in […]