German broadcaster ProSiebenSat.1 has reported that Q2 revenue rose 9 per cent year-on-year to €962 million, while adjusted EBITDA rose by 6 per cent to €270 million and adjusted net income grew by 9 per cent to €144 million. ProSiebenSat.1 also confirmed its positive outlook for FY 2017, noting that it still aims to increase […]
AMC Networks reported higher profits in the second quarter as revenues rose at its US cable networks. Q2 income rose 34 per cent to $103 million (86,8m), or from $77 million. Revenues rose 3.8 per cent to $711 million. Operating income at the company’s national networks. Revenue rose 5.6 per cent to $605 million. Distribution […]
DISH Network, the US satellite TV provider, has reported revenue totalling $3.64 billion (€3.07bn) for the quarter ending June 30th 2017, compared to $3.86 billion for the corresponding period in 2016. Subscriber-related revenue for the quarter totalled $3.61 billion, compared to $3.83 billion in subscriber-related revenue for the year-ago period. Net income attributable to DISH […]
Time Warner has reported better-than-expected profits on the back of DC Universe movie Wonder Woman. The US media firm posted an 11.6 per cent rise in Q2 net income to $1.1 billion (€885m), driven by a strong performance by Warner Bros, which includes its movie business. Wonder Woman had grossed about $800 million worldwide by […]
The HbbTV Association, a global initiative dedicated to providing an open standard for the delivery of broadcast and broadband services through connected TVs and set-top boxes, has confirmed that version 9.2 of its Test Suite has now been released. The aim of this release of the Test Suite is to support the certification of devices […]
Deutsche Telekom, Europe’s biggest telecom company, has posted quarterly results that topped expectations, with a 9 per cent rise in core profit powered by strength in the US and modest gains in Germany and Europe. The German telco lifted up its 2017 outlook for core profit to around €22.3 billion from €22.2 billion. Q2 results […]
Inception, a next-generation immersive content network, has announced a $15 million Series A funding round led by RTL Group, the broadcast, content and digital media giant. This investment helps Inception expand its content catalogue, enhance its technology platform and accelerate growth. Consumers can discover and experience VR content on Inception’s app – original programming created […]
Duccio Donati has been appointed to take on the newly created role of EVP, Lifestyle & Kids, NBCUniversal International reporting to Kevin MacLellan, Chairman, Global Distribution & International, NBCUniversal. This strategic position sees Donati broaden his ongoing oversight of E! Entertainment Television (outside the US), adding international responsibility for DreamWorks channel. Further, Donati will collaborate […]
A couple of months ago, Japanese media conglomerate SoftBank was attempting to engineer a merger between Intelsat and would-be satellite operator OneWeb. Intelsat’s debt-burden stymied that deal. Now SoftBank is reported to be behind a merger between US cellular telco Sprint, and Charlie Ergen’s DTH operation DISH Network. Shares in Sprint jumped 10.3 per cent […]
Italy’s Communications Authority AgCom has received a proposal from Vivendi, “to partially integrate and modify the plan presented on June 19th, aimed at eliminating the position of dominant influence on Mediaset”. In a statement, the telecommunications sector regulator said that it now expects Vivendi to provide further details how it intends to “structurally remove the […]