State-owned broadcaster RTVE ended its first year without ad revenue with a deficit of €47.1 million – a sum roughly the same as the amount it claims the telecos and private broadcasters are side stepping in the levy system set up to compensate it for the loss of airtime sales. RTVE has accused commercial broadcasters […]
Shares in dominant UK CE retailer Dixons Retail plunged as much as 20 per cent after it said annual profits would be at the bottom of market expectations. The company, which owns Currys and PC World, said profits for the year to the end of April would be about £85 million, compared with forecasts of […]
Intelsat, the world’s leading provider of fixed satellite services has reported results for the three months and year ended December 31st, 2010. Intelsat reported revenue of $644.0 million and a net loss of $115.8 million for the three months ended December 31st, 2010. It reported revenue of $2.5 billion and a net loss of $505.5 […]
Despite delivering a near-perfect set of “strong” numbers (see separate story), UK-based TV technology company Pace failed to convince investors with their results (to December 31st 2010) and general outlook. Pace’s share price tumbled 36.5p (14 per cent) to 183p during March 8th, a five-week low point and the largest fall on the UK’s important […]
UK set top maker Pace PLC has reported its full year’s for 2010 with a 17.4 per cent year-on-year increase in sales to £1.331 billion with organic (extracting acquisitions) revenue up 9.7 per cent. Adjusted EBITA is up 35.6 per cent to £103.6 million (2009: £76.4m) with organic business contributing £94.3 million and acquisitions £9.3 […]
Multimedia Polska, Poland’s third largest cable operator has expanded its cable-TV offer with three channels from Polish satellite operator Polsat. Polsat Sport, Polsat News and Polsat channels are now available to Multimedia Polska analogue TV subscribers. Nine channels from Polsat were introduced for digital TV subscribers earlier this year. Meanwhile, the cableco has reported that […]
The cable industry scored record highs in both national and local advertising revenues in 2010, according to the Cabletelevision Advertising Bureau. Cable ad revenues were $27.1 billion, up 12 per cent from 2009. National network revenues were $20.5 billion, up 9.6 per cent and local cable revenues jumped 20 per cent to $6.6 billion. “In […]
Spain’s largest cable company ONO increased its subscribers in 2010 but total revenues and profits dropped by 2.7 per cent to €1.472 billion and 7.1 per cent to €47 million, respectively, with an EBITDA decreasing 0.8 per cent to €725 million. The company ended the year with 4.31 million residential subs (triple play), up 2.3 […]
TiVo has revealed that its Q4 net loss more than tripled after the company dumped deep-discount digital video recorder boxes during the holiday season and racked up legal fees in a series of patent disputes. TiVo reduced its entry-level box price from $300 to $100, and the top-tier Premiere XL box from $500 to $300 […]
Simon Woodward, CEO of digital TV software provider ANT, has implied that delays in agreeing product specifications that deliver the benefit of merged linear and Internet TV has affected the company’s revenues. Woodward’s comments came as ANT reported a seven per cent drop in full year revenue to £4.35million (€5.14m) last year from £4.70 million […]