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Ericsson hits new low

Ericsson’s net loss grew to SEK 10.9 billion (€1.13bn) for the first quarter, as the company took on restructuring charges. The result included SEK 8.4 billion in provisions on customer…

Com Hem Q1 revenue up 38%

Com Hem Q1 revenue up 38%

Swedish multi-play operator Com Hem’s Q1 revenue saw a strong increase of 37.7 per cent to SEK 1,757 million (€183.2m) while organic revenue rose by 3.5 per cent to SEK…

MTG reports record Q1 sales

Modern Times Group (MTG) has reported record Q1 sales of SEK 4,228 million (€438.7m) with 8 per cent organic growth. This was the third consecutive quarter with organic sales growth…

IMAX impresses with Q1 numbers

IMAX impresses with Q1 numbers

Giant cinema screen specialists IMAX, reporting its Q1 numbers, says that its backlog of new cinema screen commitments is up 52 per cent on the same period last year. Moreover,…

Sky Q3: ‘Delivering’ as football costs drag

Sky Q3: ‘Delivering’ as football costs drag

Jeremy Darroch, Group Chief Executive, has described Q3 as another strong quarter for Sky, despite it being the broadcaster’s seasonally quietest period. “We continue to perform well, attracting another 106,000…

Mediaset suffers record losses

Mediaset suffers record losses

Italian media group Mediaset posted its worst-ever loss in 2016, amounting to €294.5 million, largely due to the dispute with Vivendi over Mediaset Premium. This is in contrast to a…

UKTV reports record year

UKTV reports record year

Multi-channel broadcaster UKTV has reported a record year for revenue, profit and viewership, with results for the year ending December 31st 2016 showing EBITDA growth of 11.3 per cent to…

Atresmedia revenues up 4.5%

Spanish TV operator Atresmedia, owner of Antena 3 TV and La Sexta, has ended the first quarter of 2017 with a profit of €28.4 million, up 4.5 per cent. Total…

ITN posts record revenues

News and multimedia production company ITN has published its financial accounts for 2016, reporting record revenues of £130 million in its seventh successive year of operating profit growth. ITN said…

Netflix up, but down

Netflix up, but down

Netflix has released its latest subscriber numbers for Q1 2017, which showed growth of 1.42 million US subs and 3.53 million international. This 4.95 million total is good, but it…

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