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Brazil’s Oi makes dramatic pay-TV progress

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New Brazilian pay-TV operator Oi registered the highest gains in the Brazil DTH market with 24,900 net new subscribers, and which represented 38.5 per cent of all new subs in the country. The numbers were for June and come from regulator Anatel. The increase was 12.2 per cent up on May’s numbers. Oi has more than 110 channels (of which […]

Telstra’s Thody: ‘Content piracy is theft’


David Thodey, CEO of Australian telco Telstra, has declared that piracy of content is theft, and suggested that the company can play a role in its prevention. “Piracy of content is theft. I hold a very strong view on that. You can’t justify it because of the price of content. A whole industry exists to create great content and it’s […]

mirada moves to profit

mirada, the audiovisual content interaction specialist, has revealed its final results for the year ended March 31st 2014. Revenue came in at £4.57 million (€5.78m), down from £4.84 million in 2013. Revenues earned from subscriber-based licence fees increased to £1.74 million (£1.49 million in 2013). Gross profit was £4.39 million (£4.63 million in 2013). Gross profit margin remained stable at […]

Netflix’s Hastings: We’re same league as HBO

Netflix CEO Reed Hastings has suggested the Internet entertainment streaming service is now in the same league as premium cable and satellite television network HBO, having surpassed its subscriber revenue figures for the last quarter, but is yet to match it in terms of profits and Emmys. In a Facebook page status update, Hastings wrote: Minor milestone: last quarter we […]

AMC Networks Q2 up 37%


US cable TV network AMC Networks has reported a 37 per cent rise in quarterly revenue as its international business got a boost from its purchase of Chellomedia. Net income from continuing operations fell to $58.7 million (€43.8m) in the second quarter ended June 30th, from $135.7 million a year earlier. Revenue rose to $522.1 million from $379.3 million a […]

Cairo turns profit at La7, plans new channels


The new owners of La7 have managed to turn around the fortunes of the Italian national broadcaster, after purchasing it from Telecom Italia Media in March 2013. According to the financial report of the Cairo Communications group for the H1 2014, La7 achieved a gross operating profit (EBITDA) of €4.9 million, compared to a loss of €28.7 million in the […]

Deutsche Telekom “reaps the rewards”


Deutsche Telekom has reported that earnings rose sharply in Q2, driven by the strong performance of its US subsidiary. “It’s harvest time for Deutsche Telekom on both sides of the Atlantic,” the group said in a statement. Net profit rose by 34.2 per cent to €711 million in the period from April to June. Underlying or operating profit was up […]

Sky Deutschland adds 82,000 in Q2

German pay-TV provider Sky Deutschland has reported Q2 core profits rose 8.5 per cent as subscriber cancellations dropped to a record low. The company reported Q2 EBITDA of €45.3 million. Net subscriber numbers increased by 82,000 during the second quarter. For the new 2014/15 fiscal year, Sky Deutschland expects EBITDA of between €80 million and €110 million and expects to […]

Virgin Media strong Q2

Virgin Media, the UK cable operator has published preliminary unaudited operating and financial  information for the three months ended June 30th 2014. Highlights include – Rebased revenue increased 3 per cent to £1,054 million in Q2 and 2 per cent to £2.098 billion (€2.5bn) YTD – Rebased cable revenue growth fueled by Q1 2014 price rise and growth in internet […]

Disney Q3 up 22% despite ESPN losses


Rising sports-rights costs caught up to ESPN in Q3, providing a setback in an otherwise strong quarter for The Walt Disney Company. Hit by a combination of higher costs for World Cup football and MLB , as well as a shrinking subscriber base for ESPN and certain timing issues, operating income at Disney’s cable networks group fell 7 per cent […]

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