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BT Euro boss out as shares dive

The boss of BT’s Continental European operation, Corrado Sciolla, is set to resign as the telco is forced to write down £530 million (€615m) after years of “inappropriate behaviour” in…

Netflix exceeds Q4 subs forecast

Netflix exceeds Q4 subs forecast

Netflix has reported 7.05 million net new members globally in Q4 2016 against its forecast of 5.2 million and 2016’s Q4 performance of 5.59 million. This represents the largest quarter…

Discovery Italia sees 14% growth in ad revenue

Discovery Italia sees 14% growth in ad revenue

Italy’s third largest broadcaster Discovery Italia closed 2016 with advertising sales of €200 million, up 14 per cent over the previous year. There were good news on the audience rating…

Netgem FY down 6%; new content partnerships

For the quarter ended December 31st 2016 Netgem, the end-to-end video entertainment provider, has announced a consolidated revenue of €15.5 million, bringing total consolidated revenue for 2016 to €74.3 million,…

Amino reports “transformative year”

Amino Technologies, a provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, has provided a trading update for the year ended November 30th 2016. As announced…

Portugal’s Sport TV losses more than double

Portugal’s Sport TV losses more than double

Portuguese premium sports network Sport TV closed the first nine months of 2016 with a net loss of €15.5 million, compared to a negative €6.9 million one year earlier. The…

Arqiva refinances debt

UK-based TV facilities and transmission specialist Arqiva has refinanced its existing credit lines. The news was confirmed ahead of the company’s Q1 results on November 28th. This includes a £353.5…

TalkTalk profits jump

UK telco TalkTalk said recovery efforts after last year’s cyber attack were paying off as it posted a huge jump in half-year profits. The firm pointed to a “relentless focus”…

Tele Columbus Q3 up 60%

Tele Columbus, the third largest German cable operator, has reported that Q3 revenues grew by 59.9 per cent from €73.9 million to €118.2 million year on year due to consolidation…

ITV “limited visibility” for 2017

ITV “limited visibility” for 2017

The UK’s largest commercial broadcaster, ITV, has delivered “tepid” 9-month results, and equity analysts are concerned as to the broadcaster’s revenue and profitability prospects for 2017. ITV itself, in its…

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