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 […]
DISH Network has reported revenue totaling $3.69 billion for the quarter ending June 30th 2014, compared to $3.49 billion for the corresponding period in 2013. Subscriber-related revenue increased 5.6 per cent to $3.65 billion from $3.45 billion in the year-ago period. Net income attributable to the US pay-TV network totalled $213 million for the second […]
upc cablecom has reported that the number of television customers dropped slightly in H1: as of June 30th 2014 the Swiss cableco had 1,415,300 active digital basic connections (- 6,400 in the second quarter) and thus remains the biggest television provider in Switzerland by a clear margin. The multimedia platform Horizon, combining TV, Internet and […]
London-based satellite operator Inmarsat has announced a link-up with British Airways to be their launch client for an EU-wide ‘Aviation Network Programme’. This will see a Europe-wide passenger ‘in seat’ connectivity service using a new satellite being built on a j-v basis with Arabsat-owned HellasSat, now dubbed Europasat. The official statement reads: “Inmarsat and Hellas-Sat […]
Mediaset, Italy’s largest broadcaster controlled by former Prime Minister Silvio Berlusconi, has reported a Q2 loss as a slowdown in southern Europe cut demand for advertising. The net loss was €8.1 million ($10.9 million) compared with a €20.8 million profit a year earlier. Sales were little changed at €904 million. Mediaset is working to improve […]
Telefonica is on track to reach its target of 1.5 million pay-TV subs in 2014. The company reached 1.4 million subscribers to its pay-TV service Movistar TV at the end of July, after signing up 200,000 clients in a single month. The company has doubled the number of subscribers in a year thanks to its […]
Intelsat declared its Q2 revenues and numbers early on August 4th, saying its all-important backlog of contracts in hand had grown by some $200 million to $10.3 billion during the three months to June 30th. However, revenues for the quarter-year totalled $615.7 million ($653.8m) fell back from the same period last year, and many of […]
Time Warner Cable reported in a mixed second quarter with basic video subscriber and high-speed data customer additions beating year-over-year marks, but missing analysts’ consensus estimates. TWC lost 147,000 basic video customers in the quarter, a 22 per cent improvement over the same period last year, but far short of analysts’ consensus estimates of a […]
German media group ProSiebenSat.1 Group has reported a net profit of €108.1 million in Q2 2014, 3.6 per cent higher than the year-ago period, on revenues that rose 10.6 per cent to €691.1 million. “We increased our revenues dynamically in all key areas in the second quarter and thus continued to grow profitably,” said Thomas […]
BT has reported strong demand for fibre broadband lines in Q1, but growth in its pay-TV business has slowed. Group revenues were down 2 per cent on last year to £4.4 billion (€5.5bn), with only the consumer division posting growth. Adjusted pre-tax profits were up 7 per cent to £638 million. BT TV added just […]