Netflix ups revenue but US subs miss
Netflix has reported a gain of 6.77 million paying subscribers in the third quarter, slightly above analysts’ expectations. It brings its total userbase to 153 million globally. The number of…
Italy’s RAI back in the black
Italian public broadcaster RAI ended the first half of 2019 with a slight profit of €3.3 million, compared to a loss of just under €5 million in the same period…
Eutelsat expected financials outlined
Eutelsat will unveil its Q1 numbers on October 30th (Eutelsat’s financial year runs from July 1st to June 30th). Analysts at investment bank Exane/BNPP previews the numbers saying that it…
Bank: NBCU, Sky under pressure this quarter
A report from Deutsche Bank on broadcasting giant Comcast’s prospects (its results are due on October 24th) suggests that its NBCU and Sky segments are going to see pressure this…
Arqiva revenues up 2.7%, but Satellite & Media down
Arqiva, the UK-based television, radio and cellular facilities company, has reported full-year results with revenues up 2.7 per cent to £990.4 million in its financial year to June 30th. “These…
SES financials set to improve
Satellite operator SES is due to release its Q3 financials on October 26th, but on September 20th briefed analysts on its latest guidance ahead of entering its obligatory ‘closed period’.…
Vodafone Spain triples losses
Vodafone Spain more than tripled its losses in its last fiscal year, April 2018-March 2019, to €601 million from €180 million in the previous year. Total revenues fell to €4.6…
South Africa: SABC ‘technically insolvent’
South Africa’s public broadcaster SABC is technically insolvent, according to its CFO Yolande van Biljon. Reportedly some SABC suppliers ae unwilling to take up new contracts because of long delays…
Avanti reports increased losses
Days after Avanti Communications informed the market that it would shortly be de-listing from London’s Alternative Investment Market, it reported slightly reduced losses for its half-year trading to June 30th.…
RTL record H1; new leadership structure
RTL has reported H1 group revenue up 4.2 per cent to a record level of €3.1 billion, driven by Fremantle and the digital businesses. On a like-for-like basis, revenue rose…
Speedcast situation worsens
Australia-based satellite services provider Speedcast International has been hammered by the stock market, and its latest results have not done much to improve the situation. A profits warning in July…
Avanti: Share price meltdown
London-based speciality satellite operator Avanti Communications says it wants to cancel its listing of its ordinary shares from the London ‘junior’ exchange Alternative Investment Market. It made the announcement early…
APT suffers 9.4% drop in revenues
Hong Kong-based APT Satellite Holdings reported a significant 9.4 per cent drop in revenues for the first half-year of 2019, worth HK$565 million (€64.8m). The operator received $16.5 million in…
AsiaSat: “Continued pricing pressures”
Hong Kong-based AsiaSat, which is in the process of being taken private, in announcing its latest half-year numbers, says revenues fell 5 per cent [from HK$730 million (€83.28m) to HK$693…
CBS, Viacom miss merger deadline
Ahead of quarterly earnings, the two companies are not in a position to announce their ‘re-merger’ according to reports. The delay is due to final negotiations over an exchange ratio…