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 […]

Business aviation connectivity specialists Gogo reported their full-year and Q4 results, saying that for the final quarter their total revenue of $97.8 million (€90.1m) represented a fall of 10 per cent year on year. However, Q4’s service revenue of $80.9 million was up 5 per cent on the previous year. “The launches of Gogo Galileo […]

Canadian satellite and space tech company MDA says it is busy working on three satellite constellations for clients, and has active discussions with potential new customers for satellite-based broadband and IoT applications worth several billions of dollars. The company, famous for its Canadarm robotic device, reported a Q4 profit of C$13.5 million (€9.1m), up from […]

TKO Group has announced financial results for its year ended December 31st 2023. The reported results presented in this earnings release cover the period from January 1st 2023 through December 31st 2023 for Ultimate Fighting Championship (UFC) and the period from September 12th 2023 through December 31st 2023 for World Wrestling Entertainment (WWE). “TKO is […]