Virgin Media has announced revenue increased 6.4 per cent year on year in the third quarter to £978 million (€1.11bn) and that it would roll out superfast 100Mb broadband from December with pre-registration for the service opening today. Virgin Media claims that 13 million homes will have the potential to access the 100Mb service as […]
SES says that all its revenue and core profit metrics are being maintained. Indeed, its year-on-year quarterly results are most impressive, with this latest quarter’s revenues up 11.4 per cent on 2009’s numbers. However, SES managed to exclude business from its ND Satcom subsidiary, which it sold earlier this week, in its 9-month results announcement […]
LoveFilm has lowered its pre-tax loss to £934,000 (E1.06m) in 2009, from £7.4 million in 2008, as revenues increased by one third. The online film rental service reported its paying subscriber base was up 29 per cent in 2009 across its markets in the UK, Germany, Norway, Denmark, and Sweden, boosting revenues by 32.9 per […]
TeliaSonera has reported its IPTV subscriber base grew in a number of markets during the first nine months of 2010. In Sweden the company saw its IPTV customer base increase by 13,000 to reach 431,000, while VOD rentals surpassed 1.5 million in the period, compared with 1.2 million for the full year of 2009. In […]
Satellite broadcaster BSKyB’s first quarter results reveal it is fast approaching the 10 million subscriber mark, reporting net customer growth of 96,000 to reach 9.956 million households by the end of September 2010. It also reported Q1 net product growth of 989,000, up 12 per cent on the prior year. 2.3 million customers are now […]
After building a successful business by shipping millions of DVDs every month in the mail, Netflix expects by the end of this year to start letting subscribers give up discs. Chief Executive Reed Hastings has said Netflix is looking to offer a new lower-cost plan through which subscribers could access movies and TV shows solely […]
General Electric reported that NBC Universal’s profits fell 15 per cent in the third quarter to $625 million. Revenues for NBCU were $4.1 billion, on a year ago. GE is in the process of selling a controlling interest in NBCU to Comcast. On cable GE noted that strong original programming propelled USA Network to be […]
Sirius XM continued to add subs in Q3, tripling the net adds over the same quarter last year to 334,727 against 102,295 in Q309. That helped the satellite radio company hit 1,089,417 for the first nine months—a considerable turnaround from the loss of 488,126 in the same period last year. The final Q3 subscriber tally […]
Germany‘s largest cable operator Kabel Deutschland (KDG) is looking to issue more shares. Bankers Morgan Stanley supports the move. Indeed, in a note to investors the bank says the cable giant has “robust prospects” and advises clients to stay ‘overweight’ given its forecast of a 16 per cent upside to its E31 a share target […]
Sogecable-owned Digital Plus, continues losing subscribers with a drop of 24,523 in only two months ending August. It now has 1,760,320 subscribers with an ARPU of E41.7. The company, which reported an EBITDA of E189 million, claims to have reduced its churn rate “for the fifth consecutive month.” Over the last months, Digital Plus […]