Viaplay, the streaming service owned by Swedish media company Viaplay Group, has reported that paying subscribers in Q1 were up up 60 per cent YoY to 7.64 million, with 325,000 subscribers added QoQ. Viaplay’s Nordic revenues were up 36 per cent YoY  to SEK1,211 million (€106.7m) on an organic basis, while international revenues were up […]

For the first quarter of the 2023 financial year, French media company M6 Group posted consolidated revenue of €312.9 million, a decline of 3 per cent. Within a weakened economic environment, multimedia advertising revenues recorded a decrease of 2 per cent. Restated for the scope effect related to the deconsolidation of Best of TV (sold […]

PRS for Music, the UK-based rights management organisation which represents the rights of over 165,000 writers, composers, and music publishers globally, collected a record £964 million 2022, a year-on-year increase of 22.9 per cent (£179.4 million). These landmark results indicate not only a dramatic recovery following the global pandemic, but an increase of £154 million […]

In the first quarter of 2023, French mass media company Vivendi has reported revenues were at €2.29 billion, compared to €2.21 billion for the first quarter of 2022. This 3.3 per cent increase was primarily due to revenue growth at Canal+ Group (+€32 million) and Havas (+€20 million), as well as the performance of video […]

MFE-MediaForEurope has reported a net profit at group level of €216.9 million, down from €374.1 million in 2021 but an increase of 14 per cent on the pre-Covid 2019. Net profit at parent company MFE was €27.4 million, a significant drop on the net profit of €214.1 million a year earlier. Consolidated net revenues amounted […]

Nokia, the Finnish multinational telco and consumer electronics corporation, has reported that net sales grew 9 per cent y-o-y in Q1 2023. Enterprise net sales grew 62 per cent y-o-y in constant currency. Pekka Lundmark, Nokia President and CEO, commented: “We started this year with the unveiling of a renewed corporate strategy and refreshed brand. […]

Netflix added 1.75 million new subscribers in the quarter to the end of March, lower than the analyst consensus expectations of 2.3 million net new additions. Netflix is also somewhat putting back its ‘paid share’ scheme – i.e. making subs pay for shared passwords – as, perhaps not surprisingly, it has had a ‘cancel reaction’ […]

Viaplay Group will report its quarterly numbers on April 25th, and the forecasts look good. An update from investment bank Jefferies to its clients says that it expects Viaplay to show some very useful growth in terms of Q1 2023 subscriber numbers. Jefferies suggests Viaplay will report 4.7 million subscribers (up from the same period […]

Netgem, the streaming entertainment specialist, has reported that 2022 was marked by many operational achievements including: the launch of the ‘best-in-class’ service TalkTalk TV 4K in the UK. The extension of the agreement with Elisa in Finland, integrating androidTV technology. The launch of ZeopTV, a service entirely operated by Netgem (Zeop is the first independent […]

London-based Inmarsat reported revenue growth of 9 per cent for its 2022 trading year, to a total of $1.47 billion (€1.35bn). Inmarsat’s EBITDA (earnings before interest, tax and other charges) jumped by 15 per cent to $850 million in 2022, despite saying that chip-set and other component shortages affected the availability of satellite phones. Q4 […]