Arqiva revenues down 11.2%
Broadcast facilities company Arqiva, reporting its end-of-year numbers (to June 30th), says its revenues were down 11.2 per cent although much in line with expectations. The company has sold its…
iPlayer sees 4.8bn requests in 12 months
The BBC’s annual report, covering April 2019 – March 2020, shows the BBC remains the most used media organisation in the UK, with 41 million people per day on average…
Bank: “SES not ready to play”
A major report on satellite operator SES from analysts at investment bank Berenberg is blunt and expresses doubt in the growth of its ‘Mobility’ division which the bank expects to…
ChinaSat profits tumble
ChinaSat has reported a 3.9 per cent decline in revenues and 8 per cent decline in net profits for H1/2020 compared to H1/2019. Revenues for the half-year slid from RMB…
Bank: “SES could suffer much lower revenues”
Earlier this week Giles Thorne, a media & telecoms analyst at investment bank Jefferies, gave Eutelsat a set of rosy expectations and a target share price of €18. A similar…
Profits collapse at Mediaset Spain
Mediaset Spain saw its profit fall by 45.1 per cent in the first half of the year to €70 million, mainly due to the sharp drop of 30.6 per cent…
Gilat, Comtech agreement in jeopardy
Israel-based Gilat Satellite Networks has reported Q2 revenues of $38.3 million – down 36 per cent on the same period last year. The company also confirmed that the purchase of…
Zoom Q2 revenue up 355% YOY
Zoom Video Communications’ financial results for the quarter ended July 31st, 2020 reveal that total revenue for the quarter was $663.5 million, up 355 per cent year-over-year. “Organisations are shifting…
IMAX recovery boosted by China box office
August 24th saw IMAX’s share price jump 14.39 percent helped by positive news from its Chinese division. A movie, The Eight Hundred, the first-ever Chinese blockbuster production to be entirely…
Nilesat profit falls 17%
Nilesat has continued to see pressures on its revenues and net profit. The Cairo-based satellite communications company reported a 17 per cent reduction in its net profit for the first…
Kudelski Group H1 impacted by Covid
The Kudelski Group, a provider of media content protection and value-added service technology, has published its 2020 half year results. Total revenues and other operating income decreased from $400.6 million…
Teleste sales sink
Teleste, the Finnish broadband technology provider, saw sales fall significantly in Q2 as network upgrades were halted due to Covid-19 restrictions. Group net sales fell 20.7 per cent to €33.5…
fuboTV Q2 revenue up 53% despite no live sport
fuboTV, the US sports-focused OTT service, has reported Q2 revenues of $44.2 million (€37.4m), a 53 per cent increase year-over-year on a pro forma basis. Growth was driven by a…
RTL revenue down 16.4%
RTL Group’s turnover fell significantly in the first half of 2020, dropping 16.4 per cent to €2.7 billion. Advertising revenue has suffered in particular, dropping by 40 per cent from…
Covid boosts Deutsche Telekom TV
Deutsche Telekom’s (DT) domestic German TV base grew significantly and boosted group revenue during lockdown, helped in particular by new and exclusive content on the Megathek on-demand offering. DT had…
Thaicom squeezed by customer churn
Thaicom has turned a Q1 net loss into a net profit for Q2, but revenues continue to suffer from the economic downturn. The shift in fortunes was largely down to…