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Freesat in 1.9m homes

freesat

Freesat, the subscription free satellite TV service, has maintained its 2014 momentum by adding 8,000 new TV homes in the three months to the end of September. In all, Freesat has added 32,000 new households in the first nine months of 2014; it is now available in 1.9 million households and watched by more than four million viewers every week. […]

BSkyB “pressure cooker” period

BSkyB’s results were better than most analysts expected, but this didn’t make life any easier for Sarah Simon, a senior analyst at Berenberg Bank, who continued her negative advice to clients, and marking down the bank’s price target for BSkyB shares from 800p to 780p. October 16th saw BSkyB’s share price fell back a few pence from 859p to 850p. […]

Netflix net adds down

netflixhq

Despite adding over 3 million members in Q3, ending the period with 53.1 million global members and $1.22 billion in revenue, Internet entertainment streaming service Netflix says net additions were lower than forecast, particularly for the US. It also said it planned substantial further expansion internationally. In its Letter to Shareholders, Netflix said it added about a million new members […]

Sky Go boosts BSkyB Q1

BSkyB has posted results for the three months to the end of September showing a record 309,000 users signing up to its Sky Go Extra service, which allows subscribers to watch programmes on portable devices when away from home. The number of On Demand downloads has more than trebled to almost 257 million in the quarter. Sky Go now reaches […]

Netflix: “We’re feeling incredible about international”

Speaking during a Q3 Earnings Call following a period in which Netflix reported net additions were lower than forecast, particularly for the US, CEO Reed Hastings has reaffirmed the company’s faith in its international expansion plans following its late summer launch in new Western European markets. “We’ve done numerous launches now starting in Canada four years ago, so we’re getting […]

Ziggo TV subs down 20%

Dutch cable operator Ziggo saw core profit rise by 3.4 per cent in the third quarter. The group, which last week received EU clearance to be bought by US cable group Liberty Global, said broadband subscribers grew by 6.2 per cent from the same period last year. The number of digital TV subscribers increased by 5,000 to 2,324 million in […]

Netgem Q3 revenue slump

netgem

French set-top box maker Netgem saw revenues fall 15 per cent in its Q3 period (to €20.5 million, from €24.2 million in the previous year), and reflecting a 14 per cent fall off in sales. Netgem reported that supplies of its boxes to Australia during this year had fallen back and that it did not expect sales in Australia to […]

Motive “well positioned” despite losses

Digital television technology, software and services specialist Motive Television has declared it is well-positioned to start to reap the benefits of its heavy investment programme over the past few years, despite reporting an increased H1 loss of 10 per cent to £1,086,616 (H1 2013: £984,478) attributable to continuing activities and developing new business before interest. Michael Pilsworth, Chairman, said the […]

Fitch doubts Sony mobile rescue

Ratings agency Fitch doubts that electronics giant Sony can turn around the struggling fortunes of its mobile phone division. Sony says it will launch even ‘smarter’ so-called smartphones and a new range of high-end consumer devices. But the news might be a last throw of the dice and follows on from a massive Sony write-down of $1.65 billion, largely because […]

Sony quadruples loss forecast

Sony has unexpectedly said its annual loss may be more than four times bigger than initially forecast. It now expects a full-year loss of 230bn yen ($2.15bn) compared with a previous estimate of 50bn yen. The loss is mainly attributed to its struggling mobile business, which has been losing money due to competition from global rivals such as Apple and […]

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