Warner Bros Discovery (WBD) has reported results for the quarter ended March 31st. Q1 total revenues were $9.95 billion (€9.27bn). Revenues decreased 7 per cent ex-FX compared to the prior year quarter. Global streaming subscribers were at 99.6 million at the end of Q1, up 2 million on Q4. David Zaslav, President and Chief Executive […]

RTL Group has reported that group revenue was up 2.6 per cent YoY to €1.31 billion, mainly driven by higher TV advertising revenue and streaming revenue at RTL Deutschland, partly offset by lower Fremantle revenue. Group revenue was up 4.1 per cent organically. RTL Group’s total advertising revenue increased by 10.1 per cent YoY to […]

Virgin Galactic unveiled its latest financial report on May 7th for its Q1 trading. The space tourism company, backed by Sir Richard Branson, also told analysts that its next passenger flight would take place on June 8th subject to the usual weather and technical considerations. As for Galactic’s numbers, the California-based operator said it received […]

The Walt Disney Company has reported Q2 revenues increased to $22.1 billion (€20.5bn) from $21.8 billion in the prior-year quarter. Disney’s Entertainment Direct-to-Consumer business was profitable in Q2. While Disney said it was expecting softer Entertainment DTC results in Q3 to be driven by Disney+ Hotstar, it continues to expect its combined streaming businesses to […]

FuboTV, the sports-first live TV streaming platform, has reported its financial results for the first quarter. Fubo says it exceeded expectations in North America, closing Q1 with double digit year-over-year (YoY) growth, delivering 1.511 million paid subscribers, up 18 per cent YoY, and $394 million (€366.6m) in total revenue, up 24 per cent YoY. The […]

Liberty Global has reported tht Q1 revenue increased 4.1 per cent YoY on a reported basis and 1.9 per cent on a rebased basis to $1.94 billion (€1.81bn). Q1 net earnings (loss) increased 173.9 per cent YoY on a reported basis to $527 million. CEO Mike Fries stated: “On our extended fourth quarter results call […]

Virgin Media O2 has reported Q1 revenue of £2.6 billion (-0.5 per cent YoY) – primarily driven by handset revenue decline offsetting mobile service revenue increase and stable fixed line consumer revenue Further highlights include: • Improved service revenue performance across mobile and consumer fixed ahead of price rise implementation, low-margin handset and B2B fixed […]

Swisscom hs reported Q1 group revenue fell by 1.6 per cent year-on-year to CHF 2.70 billion (€2.76bn), with a marginal decline of 0.5 per cent at constant exchange rates. In the Swiss core business, revenue fell by CHF 52 million or 2.5 per cent to CHF 1,993 million. Revenue from telecommunications services decreased by 2.2 […]

Telenor, the multinational telco headquartered in Norway, reports it showed “good momentum” going into the first quarter with top-line growth in both the Nordics and Asia. “The first quarter was yet another solid quarter for Telenor. We continue to develop security services to protect our customers against digital attacks, and we see that it is […]

Vivendi is still exploring a stock split, as it posted Q1 revenues up significantly. Vivendi posted quarterly revenues of €4.28 billion up 5.4 per cent year-on-year. No earnings were revealed in the unaudited numbers. Canal+ saw revenues grow 4.3 per cent year-on-year to €1.5 billion. International revenues were up 5.8 per cent thanks to subscriber […]