German commercial broadcaster ProSieben flagged moderate growth in its core TV advertising market this year, unsettling investors and overshadowing a 7 per cent rise in quarterly profit. ProSieben said second-quarter recurring earnings before interest, tax, depreciation and amortisation (EBITDA) rose to €238.7 million on sales growth of 6.5 per cent to €692.2 million. The figures […]
SES World Skies has struck a new capacity deal with the YES Network in the US, the nation’s premier regional sports network and the television home of the 27-time World Champion New York Yankees and the New Jersey Nets. As part of the multi-year agreement, YES Network is now using a full transponder of C-band […]
Discovery Communications narrowly bested investor expectations for its second quarter thanks to strong advertising numbers and growth in distribution revenue, especially on the international side. Discovery, which owns cable networks such as the Discovery Channel, TLC and the Animal Planet, netted $254 million in profit, a 20 per cent increase over the same period – […]
Within ten months of launching its service in Canada, Netflix has surpassed one million members. The milestone was reached in July. “We’re thrilled that Canadians have embraced Netflix so rapidly, and are we’re equally proud to have welcomed one million members in such a short period,” said Reed Hastings, Netflix CEO and co-founder. “Our focus […]
The Landscape Channel has decided to make 90 seconds per hour of programming available to IPTV and cable operators, to allow integration with the new developing IPTV advertising insertion systems. Local adverts will overlay the Music Profile spots developed with a view to promoting music artists and record labels in available airtime. According to Landscape […]
Nearly 10 million TV sets were sold in the UK in 2010, almost all of which were HD ready. There were nearly 1 million Internet-enabled TV sales during 2010, and 125,000 sales of TVs with 3D capabilities according to Ofcom research. The UK TV industry collectively generated revenue of £11.7 billion in 2010, a 5.7 […]
Time Warner, the owner of Warner Bros, Turner Broadcasting and Time, has reported a 10 per cent rise in revenue for the quarter that ended in June — its highest growth rate since 2007 — and slightly revised upward its earnings guidance for the year. The company’s total revenues were $7.03 billion, up from $6.38 […]
Comcast reported strong earnings in its first full quarter since purchasing a majority stake in NBC Universal, which helped drive growth through its cable networks and movie studio. Q2 revenue for the US cable giant jumped 51 per cent to $14.3 billion. NBCU’s revenue was 17 per cent higher than it would have been last […]
British satellite operator Inmarsat abandoned its forecast for growth in its maritime business on Thursday, as customers moving to its next-generation terminals hit revenue, but said its spectrum-sharing deal in North America would keep full-year profit on track. The group, which provides voice and data services to ships, aircraft and remote locations, reported a 32 […]
German popular newspaper BILD, published by Axel Springer, is taking a key position on the surface of the giant Arianespace rocket that will carry Luxembourg’s Astra 1N and Japan’s BSAT-3c into orbit on the night of August 5-6. BILD has been running reader competitions and the reward, other than a visit to the launch site […]