Germany’s ProSiebenSat.1 Group reports that it saw a positive development in many areas of the portfolio at the end of 2023 and thus achieved its most recently specified targets for the year. At €3.85 billion, Group revenues declined by 7 per cent or €311 million on the previous year; adjusted for currency effects and portfolio […]

Satellite operator Globalstar is doing well as a result of its relationship with Apple and its iPhones. Globalstar’s revenues in the main come from its mobile satellite services division but very much is looking to a future from satellite-based links with terrestrial services. Its revenues are up a useful 17 per cent in its commercial […]

Operating losses at troubled right-leaning news channel GB News grew 38 per cent to £42.4 million (€49.6m) in the year to May 2023, the business has revealed in accounts filed to Annual Companies House. The accounts for GB News Limited show 80 per cent year-on-year growth in revenue to £6.7 million, but also a 63 […]

Aerospace giant Thales has reported that it achieved sales of €18.4 billion in 2023, up 4.9 per cent, and with net income up 14 per cent to €1.77 billion. However, its consolidated net income fell 9 per cent (to €1.02 billion because of an “exceptional expense related to pension obligations in the UK”. Its Aerospace […]

Net pay-TV subscribers fell by 314,000 to 8.53 million as Echostar posted a $2.03 billion (€1.87bn) loss for Q4. The company said the loss was primarily attributable to a non-cash goodwill impairment charge of $758 million, and an adjustment to the carrying value of the 800 MHz purchase option totalling approximately $1.6 billion. Revenue fell […]

FuboTV, the sports-first live TV streaming platform, has reported its financial results for Q4 and full year ended December 31st 2023. The Company exceeded guidance across key financial and operating metrics in North America, posting double digit YoY revenue and subscriber growth during Q4. Fubo ended the quarter with 1.62 million paid subscribers, up 12 […]

For the best part of 20 years, under the tenure of successive CEO’s Romain Bausch, Karim Michel Sabbagh and Steve Collar, the accepted mantra was that SES did not need a Low Earth orbiting (LEO) fleet of satellites. That position might now be very different under new CEO Adel Al-Salah who has been in post […]

Paramount Global has reported revenues down YoY in Q4, but the studio saw notable streaming gains. Paramount+ reached 67.5 million subscribers during the quarter, a net increase of 4.1 million, and recorded 69 per cent revenue growth YoY. The company said it expects to achieve profitability for the SVoD service by 2025. Subscription revenue grew […]

SES is having a strong trading year. Its revenue for 2023 was €2.03 billion, and ahead of expectations despite its Video division suffering a -4.4 per cent fall in revenue to €607 million. But its Networks division is still showing solid growth – up 6.1 per cent to €1.06 billion). But the headline news is […]

Atresmedia, owner of Antena 3 TV and La Sexta among others, hs reported a profit of €171.2 million in 2023, up 51.6 per cent.Revenues amounted to €971.4 million, up 2.2 per cent, out of which €902.8 million were from the TV division; TV ad revenues growing by 1.2 per cent to €783.8 million. EBITDA reached […]