The Court of Justice of the European Union has issued two rulings in which it states that the switchover from analogue to digital TV in Italy was based on resolutions and laws contrary to EU law. Also, the frequency redistribution system in Italy has been criticised because it is at risk of being incompatible with […]
Paris-based satellite operator Eutelsat, despite a 2.2 per cent (like for like) fall in revenues for the year (from €1.529 billion last year to €1.477 billion) and a 2.7 per cent fall in EBITDA profitability, turned in a significant €160.5 million improvement in free cashflow (from €247 million to €408 million) in the year to […]
Luxembourg-based satellite operator SES has reported its half-year (to June 30th) financials, saying that revenues were up 9.6 per cent to €1.049 billion, and it had achieved an EBITDA margin of 65.5 per cent (66.4 per cent last year) and operating profit margin of 29.2 per cent (31.3 per cent last year). Its all-important contracted backlog rose […]
Orange Spain is performing well in capturing new TV subscribers. In the first half of the year, the company increased its TV subscription base with 540,000 adds – up 42 per cent on the same period last year. As a whole, the company has over 20 million customers in Spain of which 15.8 million are […]
Atresmedia, operator of Antena 3 and La Sexta among other channels in Spain, has reported a profit of €84.3 million in the first half of the year, up 0.1 per cent on the same period last year. Total revenues grew by 1.2 per cent to €550.8 million with the EBITDA falling by 2.5 per cent […]
North American pay-radio service SiriusXM continues to add subscribers and revenue. Its total subscriber base is now more than 32 million, with net self-pay growth reaching 466,000 for the broadcaster’s second quarter (to June 31st). Q2 revenue is also up, 9 per cent, to $1.3 billion, with net income rising an impressive 16 per cent […]
WWE (World Wrestling Entertainment) has announced its Q2 financial results. For the quarter, the company reported Net income of $5.1 million (€4.35m) compared to Net Income of $0.8 million in the prior year quarter. Operating income increased to $10.7 million from $1.5 million. WWE Network, the company’s SVoD service, averaged more than 1.63 million average […]
The proposed merger between two of India’s DTH pay-TV giants, Dish TV and Videocon d2h is close to being concluded. India’s National Company Law Tribunal has given the plan its approval. The next stages are for the two companies concerned to seek the approval of India’s Ministry of Broadcasting, which while not being a foregone […]
Discovery Communications and the Olympic Channel have unveiled a new partnership to engage a new, younger and wider audience in Europe with the Olympic Movement, bringing to life the inspiring human stories of ambition, sacrifice and achievement all year round across more screens. The agreement covers 50 markets in Europe and will advance the shared […]
Egypt’s giant public broadcaster, the Egyptian Radio & Television Union (ERTU), is reportedly selling its 40.06 per cent stake in Nilesat. Egypt’s National Investment Bank (NIB) has been given permission by the country’s Financial Supervisory Authority to acquire ERTU but without obliging the bank to issue a mandatory tender offer for the holdings of Nilesat’s […]