Channel 4 increased its profits from £300,000 (€344,000) to nearly £40 million in 2010 thanks to a big upswing in the advertising market, but warned revenues for the coming year looked flat. Total revenue increased 12.6 per cent to £935.2 million in 2010. Operating profit rose to £49.3 million from £3.9 million the previous year, […]
An interim statement from ITV reveals revenues up 11 per cent in Q1 to £500 million (€569m) driven by the strong advertising market with its take up 12 per cent, ahead of the market growth of 10 per cent. Viewing figures were also up, 3 per cent on ITV 1 and 11 per cent across […]
We are in the middle of the 3Q reporting season for the satellite industry. May 10 saw both Intelsat (see separate story) and Eutelsat unveil their numbers. Tomorrow, May 12, will see SES declare their figures, but Intelsat and SES will have to pull some magical rabbits out of the bag to exceed Eutelsat’s staggeringly […]
Global satellite operator Intelsat saw revenues grew three per cent in its Q1 trading period (to March 31st) with revenues rising to $640.2 million. However, a special debt-related charge made during the period of $168.2 million helped contribute to an overall loss of $215.6 million. “Intelsat delivered solid three percent revenue growth in the first […]
The Japan earthquakes forced the temporary closure of Disney’s Tokyo theme park and its retail stores in the country while the “very disappointing” release of ‘Mars Needs Moms’ provided a $90 million blow to the group’s Q2 operating profit. Disney missed analyst estimates, with operating income $170 million below the comparable period last time. Net […]
Pace, whose share price took a hit when, despite respectable numbers, it missed forecast because, it said, of a delayed US order, has now issued a downbeat interim statement. It says that while volume shipments and revenues have continued to meet Pace’s expectations (Q1 2011 revenues up 24 per cent on Q1 2010), profitability has […]
KIT digital, the cloud-based software solutions and technology services provider for multi-screen video delivery, has reported financial and operational results for the first quarter ended March 31st, 2011. Revenue in the first quarter of 2011 increased five per cent sequentially to $34.5 million from the adjusted level of $32.8 million in the previous quarter (after […]
RTL says that compared to an exceptional first quarter in 2010, when Western European TV advertising markets were thriving, the picture in the first three months of 2011 was mixed. While advertising revenue in the Netherlands (TV) and France (TV and radio) grew significantly year-on-year, the German TV advertising market was down in the first […]
UK satellite operator Inmarsat has reported a 23 per cent rise in first-quarter core earnings, boosted by growth in its maritime unit that eased concerns about its performance after a badly received statement in March. The provider of telecommunications to ships, aircraft and military and aid services in remote areas said its core earnings rose […]
Spanish cable operator Ono’s first-quarter revenues fell 2.2 per cent to €364 million with a net income dropping to €9 million, down almost 45.1 per cent from €17 in March 2010. First-quarter EBITDA amounted to €179 million, representing a 1.9 per cent increase over the same period last year, as a result of its costs-cut […]