US pay-radio operator SiriusXM added 311,000 net new subs during its Q3 and taking the overall total for the year to date to more than 1 million. James Meyer, SiriusXM’s CEO, told analysts on the broadcaster’s conference call that it expected to achieve about 1.4 million net new subscribers this year. The broadcaster now has […]
Social media site Twitter has, effective immediately, banned RT and Sputnik from buying advertising amid fears they attempted to interfere with the 2016 US election. US authorities say both of the Russian media outlets act as “a platform for Kremlin messaging”. Twitter will donate an estimated $1.9 million made from the outlets into research on […]
Intelsat’s headline numbers for Q3 are steady when compared with previous quarters. This latest period saw total revenues of $539 million (€456.2m) for the 3 months to September 30th, which is down 1 per cent on the same period last year ($543m) but up modestly on Q2 ($533m). Overall loss for Q3 was $30 million. […]
A judgment has been obtained in the High Court of England and Wales against a Sky customer who had been streaming Sky Sports content illegally online. Yusuf Mohammed, of Bristol in the west of England, has been ordered to pay legal costs of over £16,000 (€17,945), and to disclose details about the money he made […]
Orange Spain is performing well in the Spanish market. The company managed to increase the number of its TV subscribers by 29.6 per cent to 593,000 in the first nine months of the year. Orange Spain currently has 4,2 million broadband customers – 2.08 million through optic fibre, up 47.7 per cent from one year […]
Telefónica’s IPTV platform Movistar Plus gained 100,000 net TV subscribers in the third quarter, double on the same period from the previous quarter. The rise is largely attributed to the new Fusión packages launched in July. The number of subscribers to the convergent offer Movistar Fusión grew by 2 per cent year-on-year with an 85 […]
Akamai Technologies unveiled its Q3 numbers this week, with co-founder and CEO Tom Leighton telling analysts that there was “strong traffic acceleration” in its Media business ($273 million (€231m) in the quarter-year). “Revenue in Q3 was $621 million, above the high-end of our guidance range and up 6 per cent over Q3 of last year,” […]
LG Display, which makes flat panels for its own use in TV sets and cellular phones and sells panels to other display manufacturers, saw year-on-year operating profits rise impressively by more than 80 per cent to Won 586bn (€519m) for its third-quarter. This continues the improvement achieved in Q2 (Won 804bn). LG Display reported that […]
Apple has hired former Channel 4 creative chief Jay Hunt to head a new programme commissioning team in London. The appointment is part of a $1 billion a year push by the tech giant into original content production to compete with the likes of Netflix and Amazon, Hunt, who is due to start the new […]
According to Javier Tebas, president of Spain’s premier football tournament La Liga, the league is more than just a football competition, and is now a global entertainment company, akin to a Disney or Warner Bros. Speaking at the Sportel Media and Marketing Convention in Monaco, Tebas told delegates that the league had been working on […]