South Korean electronics giant Samsung has reported financial results for the fourth quarter and the fiscal year 2020. The company posted KRW 61.55 trillion (€45.4bn) in consolidated revenue and KRW 9.05 trillion in operating profit in the quarter ended December 31st 2020. For the entire year, it reported KRW 236.81 trillion in revenue and KRW […]
RTL Group has generated an Adjusted EBITA of around €850 million in 2020 (2019: €1.156 billion), according to preliminary and unaudited figures. This significantly exceeds the previous guidance for the full-year Adjusted EBITA of around €720 million and the current analysts’ consensus. With TV advertising markets in Europe performing significantly better than previously expected in […]
Dominant UK multiplay telco BT Group has revealed plans to recruit more than 400 apprentices and graduates for its September 2021 intake. BT will recruit talent into the company across areas as diverse as engineering, customer service, applied research, and cyber-security to support the UK’s fast-growing digital sectors. The new recruits will also support the […]
Viavi Solutions has revealed that virtualisation (78 per cent), automation (70 per cent) and network slicing (70 per cent) are the top technology trends increasing the need for test, monitoring and assurance, according to communications service providers (CSPs). These findings are explained in The 2021 Network Test Survey, an industry report commissioned by VIAVI that explores insights […]
The latest AA/WARC Expenditure Report anticipates 15.2 per cent growth in the UK’s advertising market in 2021, ahead of other key markets including the US and China. This is due to strong online activity, particularly within the e-commerce and online video sectors. A strong year ahead In 2021, the UK ad market is set to […]
Red Bee Media delivered the biggest livestream ever seen in the Netherlands, when Vrienden van Amstel (‘Friends of Amstel’) was held as a digital event for the first time in its 23-year-old history on January 16th. Participation surpassed all expectations, with an estimated 1.7 million viewers from across 120 countries worldwide. Amstel, event agency Tribe […]
ProSiebenSat.1 Group has achieved revenues of around €4.040 billion and an adjusted EBITDA of around €700 million for the full-year of 2020. These figures are preliminary and unaudited. The German broadcasting group says its has “clearly exceeded its full-year financial outlook” last published in the context of the Q3 2020 results release, as well as […]
As millions of Americans sheltered in place and shifted to working from home and remote learning during the pandemic, ongoing research from Comscore found that overall in-home data usage levels throughout 2020 remained significantly higher than in 2019. Throughout the first several of months of Covid-related lockdowns, data consumption from Comscore Connected Home custom reporting […]
The Kudelski Group has provided a business update regarding its 2020 performance. A better-than-expected resilience of the Group’s business segments in the Covid-19 environment combined with the favorable impact of proactive cost control measures resulted in its 2020 EBITDA exceeding the S45 to 55 million range of its latest guidance and strong full-year cash flows. […]
With the Brexit transition period drawing to a close and Covid-19 continuing to wreak havoc across the global economy, UK marketing executives saw another sharp decline in advertising budgets during the final quarter of 2020, according to the Q4 2020 IPA Bellwether Report. A net balance of -24 per cent of Bellwether panellists recorded a […]