FuboTV, the sports-first live TV streaming platform, has reported its financial results for Q2. The quarter marked Fubo’s sixth consecutive quarter of year-over-year (YoY) improvement in its global profitability metrics as it prepares to take on Venu Sports. In North America, the company exceeded guidance, ending the second quarter with double digit YoY growth, delivering […]

Xperi, the entertainment technology company and owner of TiVo, has announced its Q2 2024 results for the three-month period ended June 30th. The company reported improved profitability despite a slight revenue decline. Revenue stood at $119.6 million (€109.5m), down from $126.9 million in Q2 2023, whilst GAAP net loss was at $30.3 million versus $38.4 […]

North American pay-radio operator, SiriusXM, is suffering a loss of subscribers which has driven its share price into negative territory. The subscriber loss for its quarter ending June 30th totalled around 173,000 and made up of 100,000 so-called ‘self-pay’ (conventional) subscribers, and 73,000 promotional subscriptions. These were considered major losses but when compared with the […]

Roku, the streaming specialist, has reported its Q2 results with total net revenue at $968 million (€895.4m), up 14 per cent year over year. In a letter to shareholders, the company said: “We delivered solid results in Q2. Roku grew Streaming Households 14 per cent YoY, Streaming Hours 20 per cent YoY, and Platform revenue […]

SES declared its H1 2024 results on August 1st. At first, the banks’ responses seemed content. For example, Sami Kassab, an analyst at BNP/Paribas talked about “in line” revenue growth (-4 per cent), although admitted that SES Video division did a bit worse. But as the day unfolded, it was clear that the market was […]

Satellite operator SES has reported €978 million in H2 revenues, down 0.6 per cent y-o-y. 2024 revenue outlook (of €1.94 billion – €2 billion) remains unchanged. CEO Adel Al-Saleh said that the company’s acquisition of Intelsat is “on track” and remains due to close later next year. “The entry of O3b mPOWER into commercial service […]

Altice USA lost 291,000 video customers year-on-year amid industry-wide cord-cutting and TV viewers shifting online. It shed 72,800 in Q2. The cable operator finished the year with 2.02 million pay–TV subscribers. The company serves around five million residential and business cable customers across 21 US states and through its Optimum brand. To retain video customers, […]

Netgem overall revenue fell even as its recurring revenue ticked up. The company says the recurring activity has a higher margin than that of the non-recurring, and gross profit grew by 17 per cent while the gross margin increased from 55 per cent in the first half of 2023 to 70 per cent in the […]

French media giant Vivendi has reported H1 eevenues of €9.05 billion, a 5.8 per cent organic increase compared to the first half of 2023, attributed to the “excellent performances” of Lagardère and Canal+ Group. EBITA stood at €619 million (+39.3 per cent compared to the first half of 2023), thanks in particular to the consolidation […]

Liberty Global has announced its Q2 2024 financial results. CEO Mike Fries stated, “Q2 has been another active quarter as we’ve continued to drive our strategic priorities; maximising the value of our FMCs, leveraging our Ventures portfolio, and taking steps to deliver that value directly to shareholders over time. ” “Our plan to spin-off Sunrise […]