BSkyB has reported a 26 per cent jump in half-year pre-tax profit as it surpasses 10 million subscribers. Pre-tax profits at the broadcaster rose to £467 million (€541m) in the last six months of 2010, with revenues up 15 per cent to £3.2 billion. BSkyB said demand for HD television services – up by 68 […]
BSkyB confirmed it has bought UK WiFi network The Cloud from its investor, DFJ Esprit, and that it use it “to allow easy access to Sky content on multiple devices in and out of home”, via a new service, Sky Anywhere, that will launch in October. Sky said The Cloud “complements existing broadband and mobile […]
UK commercial broadcasters’ marketing body Thinkbox has revealed that live, linear TV viewing figures in the UK for 2010 were the highest since records began. According to new figures from the Broadcasters’ Audience Research Board (BARB), in 2010 the average TV viewer watched 28 hours, 15 minutes of live, linear TV a week (4 hours, […]
Netflix announced that in the last hours of 2010 it passed 20 million subs with Net Subscriber Additions of 3.08 million for Q4. Revenue for the quarter was $596 million with operating income of $78 million and Net Income of $47 million The company said “More subscriber growth enables us to spend more on streaming […]
The past couple of years have not been good for pay-radio’s prospects in Europe. We’ve seen the Worldspace catastrophe, now well over two years into its Chapter 11 bankruptcy (WS filed in October 2008) and with legal bills still running into the hundreds of thousands of dollars a month. Worldspace’s European and other international operations […]
The revised year-end 2016 forecast for DVR Subscriber Households now stands at 61.8 million (50 per cent of TV households), up from 37.9 million (32 per cent of TV households) as of the end of Q3 2010. By 2016, it is expected that VOD (redefined to include OTT services like Netflix, Vudu and Hulu) will […]
NewTek, a provider of video and 3D animation products, has announced that its signature streaming product, the award-winning TriCaster portable live production system, will be used to produce and live stream extensive coverage of the ESPN Winter X Games 15 from Aspen, CO, from January 27-30. Fans attending the X Games will be able to […]
Rupert Murdoch has cancelled a visit to the Davos economic summit to personally lead negotiations with UK culture secretary Jeremy Hunt, as News Corp seeks to offer guarantees to safeguard Sky News independence and win approval for its complete takeover of BskyB. Following publication of the Ofcom report recommending a referral to the Competition Commission, […]
Italy’s Lega Calcio Serie A could end up being the saviour of fledgling Italian pay-TV platform Dahlia TV, after Sweden’s Wallenberg Group decided to call it a day. According to local media reports, the Italian Football League has already obtained a positive opinion, in principle, of the Competition Authority, Ministry of Economic Development, and liquidator […]
Spanish broadcasting and media giant Prisa is to lay-off some 18 per cent of its staff, or around 2,500 people in a dramatic restructuring scheme. 2,000 of the headcount reduction will take place in Spain, and another 500 in Portugal and the Americas, says the company. In addition to Spanish daily El Pais, Prisa (Promotora […]