Sky Italia’s TV8 back in the black
Sky Italia’s terrestrial channel TV8 is finally in the black, after turning a profit of €3.1 million in the year 2018 (the period to June 30th). According to daily Italia…
MultiChoice adds 400,000 subs
Naspers, which owns the MultiChoice/DStv pay-TV operation in Africa, says that MultiChoice had grown its subscriber base by some 400,000 over the past year. Naspers’ video entertainment division now has…
Avanti borrows extra $34.5m to stay afloat
London-based speciality satellite operator Avanti Communications issued its quarterly trading update on November 30th. The update reported that revenue for its Q3 (to September 30th) was just $10.8 million (€9.5m).…
Eutelsat gets tax cut
The French parliament has adopted an important amendment to its planned 2019 budget which will benefit Eutelsat. The amendment, which will need to be approved by President Macron, according to…
Viacom earnings down
Viacom reported lower fourth quarter earnings despite higher profits at its media networks unit. Net earnings fell to $394 million (€345.7m) from $674 million, a year ago. Earnings were impacted…
Mediaset improves performance in Q3
Italian commercial broadcaster Mediaset reported a better performance in Q3, usually the weakest for the TV market, compared to the same period last year. The positive results were due to…
Vodafone: Losing football in Spain takes toll
The pay-TV football war is taken its toll on the performance of Vodafone Spain. In the first six months of FY 2018 (from April 1 to September 30), Vodafone Spain…
Virgin Media momentum fuels LG Q3
The continued operating and financial momentum at Virgin Media helped fuel international TV and broadband company Liberty Global’s Q3 results, according to CEO Mike Fries. The quarter saw record Q3…
RTL Group in “position of strength”
RTL Group has reported that in the first nine months of 2018 it continued its successful business development and Total Video strategy. Revenue from the period January to September was…
Discovery Q3 revenue up, profit down
Discovery has reported financial results for the third quarter ended September 30th. Revenues of $2.59 billion (€2.27bn) increased 57 per cent on a reported basis compared with the prior year quarter.…