Roku, the streaming specialist, has reported that Q3 net revenue stood $1.21 billion (€1.05bn), up 14 per cent year over year (YoY). Platform revenue was $1.06 billion, up 17 per cent YoY and attributed to strength in video advertising and streaming services distribution activities; gross profit was $525 million, up 9 per cent YoY. Total […]
North American pay-radio operator SiriusXM reported its financial numbers for the quarter-year to September 30 and reported it now has 33 million subscribers, and, thanks to services such as its streaming platform Pandora, some 170 million listeners in the US and Canada. Total revenue for the quarter was down 1 per cent at $2.16 billion […]
The FCC unveiled plans earlier this week to again hold an auction of satellite C-band spectrum. It has now emerged that SES, the main satellite beneficiary of the restructuring, is firmly in favour of the FCC’s scheme. The FCC plan is to auction “at least” 100 MHz by July 2027. The FCC said the commission […]
LG Electronics has announced consolidated revenue down 1.4 per cent KRW 21.87 trillion (€0.013tn) and operating profit of KRW 688.9 billion for the third quarter of 2025. The Home Appliance Solution (HS) Company and Vehicle Solution (VS) Company delivered strong performances despite external challenges such as US tariffs and a slowdown in the electric vehicle […]
Bulgarian aerospace company EnduroSat has raised $104 million (€89.8m) from investors, including Google Ventures, Lux Capital and the European Investment Council, as the Sofia-based company scales up production of its small and mid-sized satellites. Compact satellite makers such as EnduroSat are seeing a surge in demand as governments and companies seek secure communications and Earth […]
The Digital Television Group (DTG) has announced the launch of D-Book 12.11, the latest edition of the UK’s digital TV specification, implemented in every digital TV in the UK, underpinning interoperability, compliance and innovation across the country’s broadcast and hybrid platforms. As the UK media landscape evolves under the Media Act 2024, D-Book 12.11 provides […]
John Malone is to step down from his Chairman roles at Liberty Global and Liberty Media, transitioning to Chairman Emeritus. Malone will step down from the Liberty Global Board effective January 1st 2026 and transition to Chairman Emeritus. In this capacity, Malone will continue to provide active counsel and strategic insight to Liberty Global and […]
Fox saw its stock jump by 5 per cent as it beat estimates for sales, driven by continued digital growth at free streaming service Tubi and stronger performance for its NFL broadcasts. The company also announced plans for a $1.5 billion (€1.3bn) accelerated share repurchase adding to the $6.85 billion already repurchased under its existing […]
Comcast has reported results for the quarter ended September 30th 2025. Revenue decreased 2.7 per cent to $31.2 billion (€26.9bn) reflecting an unfavourable comparison to the prior year period, which included incremental revenue from the Paris Olympics. Net Income Attributable to Comcast decreased 8.2 per cent. Adjusted Net Income decreased 4.9 per cent. Adjusted EBITDA […]
French MPs have voted to double the rate of the so-called GAFAM tax, which targets the largest tech US companies such as Google, Facebook and Apple, from 3 per cent to 6 per cent. The French government was opposed to such a rise, initially set at 15 per cent, worried about possible disproportionate retaliation from […]