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Digital sales boost CBS Q2

New deals with digital distributors helped CBS increase its second quarter revenues and profits. The US TV group’s revenues from content licensing and distribution were $889 million for the three months ended June 30, a 21 per cent rise from the same time a year earlier. CBS is receiving about $200 million from Netflix over […]

August 3, 2011

America Movil grows 34%

Latin American pay-TV supplier América Móvil saw impressive pay-TV growth of 34 per cent (annualised) during its second quarter (year-on-year) to 11.6 million subs. This is the fastest-ever growth spurt for the broadcaster. Pay-TV income grew even faster at 71.3 per cent in the quarter to June 30. América Móvil’s main operation is centred on […]

August 3, 2011By Chris Forrester

Strong LatAm growth for Conax

As it gears up for the ABTA trade show in São Paulo, Brazil, Conax, the global provider of content security solutions for pay-tv operators and digital multi-channel distribution, has revealed strong growth figures in the Latin American pay-tv market. The technology provider displayed 40 per cent growth in 2010 and is anticipating an additional 50 […]

August 3, 2011

Sirius-XM misses revenue numbers

North American pay-radio broadcaster Sirius-XM managed to fall a little short of its revenue estimates, in numbers released August 2. Revenues were $744 million, and the market consensus was that it would achieve about $752 million. The much more attractive good news was that Sirius-XM ended the quarter-year with 21 million subscribers having added 452,172, […]

August 2, 2011By Chris Forrester

Sony’s TV picture is very cloudy

Sony Corp, Japan’s electronics giant, is to completely overhaul its TV set business. Sony has already sold factories in Slovakia and agreed a sale of its Barcelona plant. It has also sold 90 per cent of its largest US factory to Taipai’s Hon Hai Precision Industry Co. But there could be worse to come, given […]

August 2, 2011By Chris Forrester

News Corp is ‘fit and proper’

It was a question from an analyst that prompted a rare note of indignation from BSkyB’s normally calm and collected CEO Jeremy Darroch. Asked whether BSkyB would continue to monitor the make-up of its board of directors, Darroch said it was quite ludicrous to suggest that News Corp was not a entity to hold a […]

July 31, 2011

Sky reports £1bn pre-tax profits, Murdoch stays chair

Sky has reported pre-tax profits of £1 billion in the year to the end of June, as the company announced a £750 million share buy-back to appease investors unhappy after the failure of News Corp’s bid to takeover the satellite broadcaster. Sky has said that News Corp will participate in the share buy-back programme but […]

July 29, 2011

SES: 220 HDTV channels over Europe

SES unveiled its half-year results on July 29, stating that recurring revenues were up 3 per cent to €853 million, EBITDA up 4.2 per cent to €644.4 million and a margin of 75.5 per cent, culminating in operating profit up 4.1 per cent to €402m. SES’s overall backlog stands at €7 billion. SES says the […]

July 29, 2011By Chris Forrester

Eutelsat blasts through €1bn

Everyone expected Paris-based satellite operator Eutelsat to improve on last year’s revenues of €1.04 billion. Few would have expected growth of 11.5 per cent, well above guidance, and taking revenues to an impressive €1.168 billion. Indeed, Eutelsat is now saying that this current trading year (to June 30 2012) will see revenues above €1.235 billion, […]

July 29, 2011By Chris Forrester

ONO debuts HDTV, loses subs

Spain’s largest cable company ONO is set to launch its first HDTV service in August 2011with an offer of up to ten HDTV channels: Mediapro’s Gol TV, News Corp’s Fox, Sony’s AXN and Sony TV, Viacom’s MTV Live HD, Spain’s national public broadcaster TVE HD, Grupo Planeta’s national private broadcaster Antena 3, Mediaset Espana’s Telecinco […]

July 29, 2011From David Del Valle in Madrid