The Walt Disney Company has reported Q3 earnings with revenues at $22.3 billion (€20.2bn) – a 4 per cent growth from the previous year. Although SVoD service Disney+ managed to significantly trim losses (down to $512 million from $1.06 billion a year earlier) subscriber numbers still saw a steep decline, falling from 157.8 million worldwide […]

Lionsgate has reported Q1 revenue of $908.6 million (€824m), operating loss of $16.8 million and net loss attributable to Lionsgate shareholders of $70.7 million. “I’m pleased to report a strong financial quarter with another record library performance,” said Lionsgate CEO Jon Feltheimer. “We continued to execute our strategic agenda culminating in our signing a definitive agreement with Hasbro last week […]

Viasat had an impressive Q1 and reported revenue of $780 million (€707.6m) – up 36 per cent on the same period last year. Chairman Mark Dankberg said that the company was working with its antenna supplier (Northrop Grumman) and was looking to remedy the problems with its ViaSat 3 Americas satellite. If its ViaSat 3 […]

Abu Dhabi-based satellite operator Al Yah Satellite Communications (Yahsat) has reported revenue of $205 million (€186m) for the first-half of 2023. As of June 30th, the group’s contracted future backlog revenue remained strong at $1.9 billion, equivalent to around 4.4 times last-twelve-month revenue. Net profit, however, was flat at $45.306 million ($45.361 million same period […]

In-flight connectivity specialists Gogo has reported Q2 revenue growth of 6 per cent at $103.2 million (€94m). The business airline-focussed company expects total revenues this year to be in the range of $410 million-$420 million. “We are in a two-year investment cycle to take advantage of new technologies like 5G, LEO satellite and LTE to […]

Paramount Global reported Q2 revenue of $7.62 billion (€6.96bn), slightly above analyst estimates. The company reported a direct-to-consumer loss of $424 million in Q2 compared to a loss of $445 million in the prior-year period and a loss of $511 million in Q1. The company says it expects streaming losses to peak this year after […]

RTL Group has reported H1 revenue was down 5.1 per cent to €3.1 billion mainly due to significantly lower TV advertising revenue. Group revenue was down 4.3 per cent organically. RTL Group’s TV advertising revenue decreased 12.5 per cent to €1.18 billion, in particular in Germany. Compared to the first half of 2019 (pre-Covid), RTL Group’s TV […]

DISH Network Corporation, the US pay-TV provider, has reported revenue totalling $3.91 billion (€3.58bn) for the quarter ending June 30th, compared to $4.21 billion for the corresponding period in 2022. Net income attributable to DISH Network totalled $200 million for the second quarter 2023, compared to $523 million for the year-ago quarter. Pay-TV Net pay-TV subscribers decreased approximately 294,000 in the […]

Thaicom has announced its financial results Q2 2023. The satellite operator Thaicom reported net profit attributable to the owner of the company for Q2 of Baht 457 million (€11.92m), marking a 409.8 per cent QoQ increase net profit of Baht 90 million. Additionally, there was a 47.8 per cent increase compared to the net profit […]

Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has reported its results for the second quarter, ended June 30th. Financial highlights include: Revenues of $67.6 million (€61.5m), up 22 per cent compared with $55.5 million in Q2 2022; GAAP operating income of $5.4 million, compared with $1.5 million in Q2 2022; Non-GAAP operating […]