BT’s pay-TV customer base increased by 40,000 to hit 810,000 in the last quarter with growth rates outpacing Virgin and Sky. Total group revenues for the quarter dipped 2 per cent to £4.785 billion (€5.9bn) while full-year profits climbed 2 per cent to £6.18 billion on annual revenues down 5 per cent at £18.25 billion. BT’s high-profile entry into broadcasting [...]
Prisa lost 28,350 satellite subscribers in the first quarter, ending March with a total of 1,691,281. But it added 22,740 customers from other carriers of Canal+ 1, including OTT. Prisa’s average ARPU of €43.1 was slightly up on the €42.4 million posted a year earlier. Prisa TV (Canal+) revenues grew by 18.3 per cent year-on-year in Q1. Adjusted EBITDA was [...]
Liberty Media-controlled pay-radio operator Sirius-XM is sticking to its forecasts that by the end of 2017 there will be around 100 million vehicles potentially able to pick up Sirius-XM’s satellite signals. By 2023 that number will be around 150 million. This is not to say that each of these vehicles will be paying for Sirius-XM, only that its signals can [...]
Chase Carey, COO of News Corp, has said broadcasters must break of the rules by which they have operated for decades, or face decline. Carey’s declaration came as he presented a weak advertising quarter for the groups FTA channels. Carey said broadcast TV remained “the dominant form of event television” but was stuck with “historical practices” such as creating hundreds [...]
Spain’s Mediaset, owner of Tele 5 and Cuatro, has seen its profits drop by 41 per cent to €12.5 million in the first quarter of the year. The acquisition of Cuatro had a negative impact in its profits but the company survived the TV crisis with ad revenues reaching €190 million, representing a 44 per cent market share. Operational costs [...]
Charlie Ergen’s Dish Network saw Q1 earnings tumble 40 per cent on higher costs, while at the same time suffering flat subscriber numbers and higher churn. Dish added about 654,000 gross pay-TV subscribers, compared with 673,000 additions a year ago. The company ended the first quarter with a customer base of 14.1 million, up fractionally at 0.1% from a year [...]
John Malone’s Liberty Media posted improved Q1 after the inclusion of Sirius XM Radio in its financials and the separation of Starz, which was spun off into a separate company. Revenue increased from $35 million to $789 million in the first quarter. Adjusted operating income got into positive territory with an increase of $288 million to $271 million. “The increase [...]
Deutsche Telekom’s operating profit fell 4.3 per cent in the first quarter, as it invested in its major markets in Europe. First-quarter EBITDA, excluding exceptionals, came in at €4.29 billion. Deutsche Telekom said investments came to more than €3 billion in the first quarter, up almost 40 per cent from last year, mainly on the acquisition of mobile spectrum in [...]
As expected, Paris-based satellite operator Eutelsat turned in an impressive set of Q3 numbers after trading hours on May 7th. All its key metrics were positive with insiders also talking optimistically about the state of play on its giant Ka-Sat craft. An order from Rawafed Libya for 1.6 Gb/s Ka-Sat service in terms of capacity is, according to our sources, [...]
Profits jumped at Walt Disney as its cable networks turned in a strong performance. Second-quarter net income rose 32 per cent to $1.5 billion, from $1.1 billion a year ago. Revenues rose 10 per cent to $1.06 billion. Disney’s stock was already at record levels and the earnings report exceeded analysts’ expectations. “Our results reflect our successful strategy, the strength [...]
