Advanced Television

Results

ITV reports growth in streaming, Studios

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 […]

November 8, 2023

WBD Q3: Revenues slightly up despite DTC sub losses

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 […]

November 8, 2023

Gogo reports record Q3

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 […]

November 8, 2023By Chris Forrester

Ergen: “DISH failing fast”

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 […]

November 7, 2023

Yahsat revenues up 3% YoY

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 […]

November 7, 2023

Gilat revenues up 6% YoY

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 – […]

November 7, 2023

DISH Network Q3 revenue, subs decline

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 […]

November 6, 2023

AMC Networks Q3: Streaming returns to growth

AMC Networks has reported financial results for the third quarter ended September 30th 2023. Net revenues were at $637 million (€592.5m) down 7 per cent from the prior year, largely driven by lower domestic advertising revenues and affiliate revenues. Streaming revenues hit $142 million, an increase of 9 per cent from the prior year, primarily […]

November 6, 2023

Paramount+ adds 2.7m subs in Q3

Paramount Global has reported Q3 financial results to September 30th 2023, with strong growth in both DTC revenue and streaming subscribers. Bob Bakish, Paramount Global CEO, commented: “We continue to execute our strategy and prioritise prudent investment in streaming while maximising the earnings of our traditional business. In Q3, we successfully grew Direct- to-Consumer revenue […]

November 3, 2023

Fubo Q3 revenue up 43%

FuboTV, the sports-first live TV streaming platform, has announced its Q3 financial results to September 30th 2023. The company also raised its previously stated full year 2023 guidance for North America. Fubo achieved double digit growth versus the prior year in North America, delivering $313 million total revenue (up 43 per cent year-over-year) and a […]

November 3, 2023