Fox Corporation has reported financial results for the three months ended March 31st 2023. The company posted total quarterly revenues of $4.08 billion (€3.7bn), an 18 per cent increase from the $3.46 billion reported in the prior year quarter. Advertising revenues increased 43 per cent, primarily reflecting the impact of Super Bowl LVII, a higher volume […]
Following a provisional clearance in March 2023, the UK’s Competition and Market Authority (CMA) is now allowing the proposed merger of Viasat and Inmarsat to go ahead. Both Viasat and Inmarsat supply businesses globally with satellite connectivity that enables services such as the Internet, email, and video calling – including for use on aircraft. In […]
Worldwide spending on reached $1.47 trillion (€1.34trn) in 2022, increasing by 2.2 per cent year over year, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects Worldwide spending on telecom and pay-TV services will increase by 2 per cent next year and reach a total of $1.54 trillion. The latest […]
As video providers proliferate, viewers are excited about the volume of shows to choose from. But increasingly they face a logistical problem: with so much to choose from, Hub Entertainment Research seeks to establish how they decide what to watch from a vast sea of options. Provider brands are losing their impact Streaming marketers have […]
Findings from television technology and omniscreen advertising and analytics provider Samba TV indicate that streaming platforms are the go-to destination for content consumption for the Gen Z demographic and that mobile devices play a crucial role in their television viewing behaviours. The survey of more than 2,500 US adults conducted with global research firm HarrisX […]
Pay-TV operator DISH Network has suffered a major fall in subscribers according to its Q1 financials. Dish TV and its OTT sister service Sling TV, lost an overall 552,000 subscribers during the first quarter of the year. The same period in 2022 saw losses of 462,000 net subscribers (and 268,000 in Q4/2022). The Charlie Ergen-backed […]
Tougher competition in the market had a negative impact on MásMóvil in the first quarter. The Spanish telco reported €57 million losses versus €40 million in the same period last year. Competition from local and regional operators such as Digi, Avatel and Finetwork affected MásMóvil, whose revenues only grew by 1 per cent to €740 […]
Elon Musk’s Starlink broadband-by-satellite system now has more than 1.5 million subscribers around the globe. The numbers emerged in a Tweet from Starlink with accompanying video footage from some challenging locations. Starlink doesn’t mention military and other governmental users in the Ukraine or say whether those non-paying numbers are included in the 1.5+ million. A […]
An investigation by UK broadcast regulator Ofcom has found the Mark Steyn programme, which first aired on GB News on October 4th 2022, in breach of its broadcasting rules. The programme included an interview between presenter, Mark Steyn, and a guest, Dr Naomi Wolf. During the interview, Naomi Wolf made serious claims about the Covid-19 […]
Virgin Orbit, currently going through a Chapter 11 Bankruptcy Protection, says there are 30 potential bidders to buy the business. Virgin Orbit is trading under ‘Debtor in Possession’ rules, with the operating cash provided by Sir Richard Branson’s overall holding company. Virgin Orbit, in a formal filing, says there are 30 “indications of interest” including […]