Satellite radio service Sirius XM Holdings says it will beat its 2014 revenue forecast of $4.15 billion after net subscriber additions exceeded expectations. The company reported about 1.8 million net subscriber additions for the year, above its increased forecast of 1.5 million. Sirius also forecast revenue of about $4.4 billion in 2015 and net subscriber […]
Malaysia’s Astro DTH pay-TV operator is performing well, with its latest Q3 numbers showing profits up 12 per cent y-o-y, at $108 million ($96.2m last year). Revenues were $1.1 billion for the quarter, up 10 per cent on last year, with ARPU up 3 per cent to $28 per month. Astro says the improved numbers […]
South Africa’s Multichoice/DStv operation is still exhibiting no shortage of new subscribers, despite increased competition from would-be rivals. Multichoice says it has added another 342,000 new DStv subscribers in the first half of the financial year (to Sept 30) and its DStv ‘box office’ division is selling an impressive 600,000 movies a month. The Naspers-owned […]
SpotXchange, the platform for video advertising, has announced the company reported net revenue growth for the first three quarters of 2014 of 136 per cent compared to the first three quarters of 2013, with programmatic revenue increasing a stunning 282 per cent. SpotXchange provides a video advertising platform for publishers, focusing on holistic inventory management. […]
Amino Technologies, the Cambridge-based specialist in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, has issued its full year figures. The company has continued to benefit from strong trading since the announcement made on October 13th and as such profit before tax for the year ended November 30th 2014 is expected to […]
Mediaset Premium Spa, the new unit within which all pay-TV activities of Italy’s Mediaset Group have been placed, is now operational. A total of 267 employees already working for RTI/Mediaset will be transferred to Mediaset Premium Spa. The balance sheet, dated 30 September 2014, shows a total turnover of more than €2 billion and EBIT […]
Advanced television service TiVo has reported a 49 per cent fall in quarterly profit, hurt by a provision for future tax bills. The company’s net profit fell to $6.3 million, for the third quarter ended October 31st, from $12.5 million a year earlier. TiVo recorded a tax provision of $7.1 million in the quarter, compared […]
According to the group’s half year results, Naspers reported an increase in headline earnings to 4.4 billion rand in 2014 comparable to 3.6 billion rand for six months ending 30 September 2013. The global platform operator saw its pay-TV segment revenues surging by 18 per cent to 20.2 billion rand year on year. “Trading profit […]
China Digital TV Holdings, which is NASDAQ-registered but trades in ‘smart card’ digital technology in China, has suffered a setback in its Q3 performance. Adjusted Net income tumbled to $1.72 million from $5.24 million in the same period last year. Overall revenues fell back to $17.7 million (from $23.45 million). The company’s share price fell […]
UK STB maker Pace has reported that it expects full-year operating margins to be greater than nine per cent, up from its previous forecast. The company which supplies STBs for such as Sky Deutschland and AT&T now expects 2014 revenue to be between $2.6 billion (€2.1m) and $2.65 billion. The company posted revenue of $2.47 […]