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 […]
UK pay-TV giant Sky has reported a “strong year” and a 10 per cent increase in this year’s revenues, to £12.9 billion (€14.44bn), with Q4 operating profit up 8 per cent to £455 million. Sky says that it has won 686,000 new customers (including Germany and Italy) and takes its subscriber total to 22.5 million, […]
Confirming reports first revealed by advanced-television.com in August 2016 and May 2017, Sky has announced that it plans to launch an OTT service in Spain. Commenting on the company’s Full Year Results, Jeremy Darroch, Group Chief Executive, said it would continue to identify opportunities to reach new customers and intended to launch a “simple and affordable OTT service in […]
Charter Communications has reported lower Q2 earnings and continued pay-TV subscriber losses. The group led by chairman and CEO Tom Rutledge, lost 90,000 net residential pay-TV subscribers in the second quarter, compared with a loss of 152,000 in the year-ago period. For the first quarter of the year, the company had recorded a 100,000 drop. […]
Intelsat has revealed its Q2 numbers with CEO Stephen Spengler saying that there were continued pricing pressures as services renew for certain wide-beam network services applications, creating a headwind to year over year growth. There had also been some non-renewals of capacity contracts. These pressures led to a fall in Intelsat’s contracted backlog, from $8.5 […]
Twitter did not add any new users in the second quarter. The social media service reported earnings claiming 328 million total users — the same number it reported after Q1. Analysts had been hoping the company added around 4 million new users. Twitter did however beat revenue expectations, bringing in revenue of $574 million. Twitter’s […]
Mediaset Spain, owner of the Tele 5 and Cuatrochannels among others, has reported a H1 net profit of €125.7 million to June 30th, up 7 per cent on the same period last year. EBITDA amounted to €168 million, up 5 per cent. TV ad revenues remained flat at €491.1 million, the same amount for the […]
Viacom is reported to have dropped out of talks to buy Scripps Networks Interactive. Industry trade magazine Variety, for example, is reporting that the decision – although not confirmed by any of the parties – leaves the road clear for Discovery Communications to pursue a deal with Scripps. The current picture is that Discovery and […]