Category archives for: Business

CSA rejects DTT FTA migration

French broadcast regulator the Conseil supérieur de l’audiovisuel (CSA) has rejected applications from three channels to migrate from pay-TV channels on France’s digital terrestrial TV platform to become free-to-air . The three channels – LCI, Paris Première and Planète + – had sought to change their funding status under provisions that allow the CSA to permit the migration of a […]

Orange Q2 subs up, revenues down

France’s Orange has reported 6.77 million IPTV and satellite customers in the first quarter of the year, an increase of 9.8 per cent year-on-year. Within France it had 5.78 million IPTV and satellite subscribers in France in Q2, up 8.5 per cent year-on-year from 5.32 million in Q2 2013. Its Polish IPTV and satellite customer base came in at 720,000, […]

Pace predicts strong year

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Pace used its interims to predict a strong year. The British STB manufacturer said YoY it was producing more profit on lower turnover with revenue down 13.6 per cent to $1,139 billion but gross profit up 5.4 per cent to $245.8 million. Adjusted EBITA was $106.3 million against $96.7 million last time. Profit after was up 9.3 per cent to […]

Sky looks to Germany for growth spurt

The low-hanging fruit for ‘Sky Europe’ is in Germany, says Berenberg Bank’s senior media analyst Sarah Simon. It is this fast-track expansion probability that means that BSkyB will quickly want to absorb the 42.6 per cent minority shareholding currently not under its control. German take-over law allows a majority buyer (indeed anyone holding over 30 per cent) to offer the […]

Sky Italia €8m half-year losses

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Sky Italia ended the period to June 2014 with losses of €8 million, after being in the red for €38 million the previous year, according to data from BSkyB on the creation of Sky Europe Revenues fall to €2.846 billion from €2.911 billion the previous year. The adjusted EBITDA went up to €312 million from €285 million in June 2013. […]

BSkyB doubles investment in virtual reality start-up

BSkyB has more than doubled its investment in Jaunt, a Silicon Valley-based firm developing 360-degree virtual reality cinema. The $400,000 equity investment follows a $350,000 equity investment made by Sky during an earlier round of funding in December 2013. “These investments provide Sky with additional insight into developments within the field,” the company said in a statement.

SES to invest €2.3bn in new satellites

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Satellite operator SES of Luxembourg is to invest around €2.3 billion in new satellites, including the building of SES-12 announced on July 25th. The investment rate will be at about a rate of €450 million per year ($612 million). The plan calls for five more satellites to be started, additional to four already under construction. SES is making a deliberate […]

Kipco’s media numbers up 35%

Kuwait’s Kipco Projects Co reported a 20 per cent rise in overall profits at the half-year stage, and states that its growth trends are “a positive indication of the performance we expect for 2014.” And it seems Kipco’s media-related investments are contributing handsomely to that overall picture. During the previous quarter-year Kipco said its media investments had improved their net […]

South Africa’s OpenView ready to expand

South Africa’s new digital broadcasting bouquet OpenView says it is ready to expand beyond South Africa’s borders.  However, current subscriptions in South Africa are more modest than initially anticipated. OpenView is backed by Platco Digital which also owns ther e.tv. Launched almost a year ago in October 2013 the system has signed up 53,000 subscribers, and blames the low numbers […]

London Live can’t sustain local TV

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London Live the local TV station has applied to media regulator Ofcom to slash the amount of local programming it produces just four months after launch. The local TV channel, backed by Evgeny Lebedev, owner of the Evening Standard and The Independent newspapers, suffered the dreaded zero audience rating for some of its shows after it began broadcasting on 31 […]

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