ProSiebenSat.1, the German mass media company, has reported that revenues have stabilised after what it described as “a difficult first half of the year”. Group revenues in the third quarter of 2023 were 3 per cent below the previous year at €888 million (previous year: €911 million). Organic revenue growth was almost stable. By contrast, […]

The Walt Disney Company has reported earnings for its fourth quarter and full year ended September 30th 2023. Financial Results for the Quarter and Full Year. Revenues for the quarter and year grew 5 per cent to $21.24 billion (€19.8bn) and 7 per cent compared to the prior-year quarter and prior year, respectively. Disney+ added […]

Viasat of California, which also now owns London-based Inmarsat, made some bif announcements at its Q2 financial report; one satellite has been cancelled and 800 staff laid off. Viasat stated that its results showcased “resilient growth and momentum” but was making key decisions on capital expenditure that will strengthen the focus on its mobility and […]

ITV has reported total revenue up 1 per cent at £2.97 billion (€3.4bn) in the first nine months of 2023 to September 30th, with growth in ITV Studios and M&E digital revenues offsetting the decline in linear advertising revenue. Total external revenue was flat at £2.53 billion. Carolyn McCall, ITV Chief Executive, commented: “ITV continues […]

Warner Bros Discovery (WBD) has reported financial results for the quarter ended September 30th 2023. David Zaslav, President and Chief Executive Officer of WBD, commented: “I am very pleased with the strong financial results that our company delivered in Q3, underscored by 22 per cent growth in Adjusted EBITDA and over $2 billion (€1.87bn) in […]

Gogo, which focuses on delivering broadband connectivity to business aviation clients, has reported its nine month and Q3 financials. Overall nine month revenues were down 7 per cent year-on-year but Q3 saw a record revenue, up 6 per cent year-on-year of $79.5 million (€74,5m), and 1 per cent up on Q2. Gogo stated that it […]

Following on from DISH Network’s miserable results on November 6th (and a 38 per cent crash in its already depressed share price to $3.44, a 25-year low) co-founder Charlie Ergen told analysts that the pay-TV broadcaster was failing fast. “Investors are starting to give up,” Ergen admitted. One immediate consequence is that DISH Network’s President […]

Al Yah Satellite Communications Company (Yahsat), the UAE’s satellite solutions provider has announced its consolidated financial results for the nine months ended September 30th 2023. Revenue and Normalised EBITDA grew 3 per cent for the first nine months of the year versus the prior year to reach AED 1.2 billion (€302.4m) and AED 713 million […]

Gilat Satellite Networks, a specilaist in satellite networking technology, solutions and services, has reported its results for the third quarter, ended September 30th 2023. Adi Sfadia, Gilat’s CEO, commented: “We are deeply saddened by the tragic events of October 7th in Israel. Our thoughts and prayers are with the victims of this horrific attack – […]

DISH Network, the US pay-TV broadcaster, has reported revenue totaling $3.7 billion (€3.4bn) for the quarter ending September 30th 2023, compared to $4.1 billion for the corresponding period in 2022. Net loss attributable to DISH Network totaled $139 million for the third quarter 2023, compared to $412 million in net income earned in the year-ago […]