BT’s investment in exclusive European football rights has been rewarded by increased viewing figures for its TV and sport channels. Reporting its Q4 and FY2016 numbers, the telco revealed that BT Consumer revenue was up 7 per cent reflecting a 20 per cent growth in broadband and TV revenue, helped by its investments in BT […]
Discovery Communications has reported financial results for the first quarter ended March 31st. “Discovery’s business momentum continued to build in the first quarter with strong viewership across our worldwide portfolio of brands and platforms. Our unmatched global distribution network, diverse, much loved brands, and unique flexible business model yet again produced strong results, particularly in the US,” […]
Mediaset Spain has achieved a record profit of €50 million in the first quarter of the year, up 37.8 per cent on the same period last year and the highest numbers in the last eight years. The company had an EBITDA of €70.8 million, up 51.6 per cent year-on-year with a net turnover of €230.7 […]
ARRIS has reported Q1 revenues of $1,614.7 million, up $399.5 million, or 33 per cent, as compared to first quarter 2015 revenues of $1,215.2 million. Q1 revenues were also up $513 million, or 47 per cent, as compared to Q4 2015 revenues of $1,101.7 million. “We are off to a good start to 2016. Our […]
ProSiebenSat.1 Group increased its revenues by 22 per cent to €802 million in the first quarter of 2016. All segments contributed to this. In total, the Group already generated 43 per cent of its revenues outside the TV advertising business. This is an increase of 10 percentage points compared to the previous year. The share […]
In the first quarter of 2016, Swisscom’s net revenue remained virtually unchanged year-on-year at CHF 2,885 million (CHF -8 million or -0.3 per cent). EBITDA rose by 2.9 per cent or CHF 30 million to CHF 1,081 million. The CHF 11 million increase in the Swiss core business can mainly be attributed to lower costs […]
US pay-radio operator SiriusXM has reported its Q1 numbers and declared that the quarter was their best-ever with revenues climbing 11 per cent to $1.2 billion, and issued fresh guidance for the rest of this year saying that it now expected to add 1.6 million net new subs this year (previous guidance was for 1.4 […]
Shares in Facebook have hit record highs after its latest financial results smashed expectations, with profits rising threefold. The first quarter numbers beat analysts’ forecasts with the social network, also the owner Instagram, reporting net profits of $1.5 billion compared to over $500 million in the same period last year. Total revenue rose to $5.4 billion […]
Satellite communications giant Intelsat reported that its Q1 revenues topped $552.6 million ($602 million same period last year) in the three months to March 31st, and a slight improvement on market expectations. Intelsat said that its contracted backlog now stands at $9.3 billion (down from $9.4 billion as at December 31st). President/CEO Steven Spengler said […]
Time Warner Cable reported an increase of 21,000 basic video subscribers in the first quarter ahead of its$78.7 billion merger with Charter Communications. Revenue increased 7.2 per cent (the best Q1 in eight years) and cash flow increased 8.2 per cent (best in six years). High-speed data customer additions were 314,000 and phone subscribers increased […]