Intelsat reported that its future contracted backlog had fallen from $9.2 billion (€8.4bn) $8.9 billion over the past 3 months. This means that since December 31st last year, Intelsat’s backlog has fallen from $9.4 billion to today’s $8.9 billion, which still represents 4-times annual revenues. Revenues for the quarter-year were also under pressure at $542 […]
LG Electronics has announced Q3 2016 sales of KRW 13.2 trillion (€10.8b) and operating income of KRW 283.2 billion, reflecting strong performance of its Home Appliance & Air Solution business and increased profitability in Home Entertainment, which offset sales declines and operating losses from Mobile Communications. LG Home Entertainment Company reported the highest operating profit […]
Telefónica’s pay-TV platform Movistar Plus reached 3.76 million subscribers (including 678,000 satellite subscribers from the former Digital Plus) as of June 30th, up 4 per cent year-on-year, albeit 44,000 customers fewer than the previous quarter. The company said that the reasons behind the Q3 loss are: higher prices in the basic offers; the start of […]
Telenor Broadcast suffered more client erosion at its Canal Digital pay-TV division, although overall revenues were helped (up 2 per cent) by an increase in subscribers and device sales. DTH subs stood at 865,000 (down 4 per cent, and 900,000 at same period last year). Telenor Broadcast’s Q3 revenues fell back by 2 per cent […]
Dolby Labs has unveiled its Q4 and full year results, saying that Q4 revenues were $233 million (€213.3.m), about $3 million more than the high end of their expectations. Full year revenues were $1.026 billion, up 5.7 per cent on 2015. The bulk of Dolby’s revenues are from the licensing of its various IP products […]
CEO Tim Cook took the opportunity its Q3 earnings call to confirm Apple has an “intense interest” in television. Dealing with rumours swirling after the AT&T-TW deal, Cook said that Apple is “open to acquisitions of any size that are of strategic value where we can deliver better products to our customers and innovate more”. […]
This week is the start of the ‘Big Three’ results season. October 27th sees Intelsat and Eutelsat numbers unveiled, while on October 28th SES reveals its latest quarterly results. The news on each of the three is not exactly glowing. Intelsat, despite some financial restructuring is still heavily burdened by debt, and there is some […]
French telco Orange has reported accelerated growth in 3rd quarter revenue and restated EBITDA, driven by very high-speed broadband and convergence. The Group said it achieved a solid commercial performance in the 3rd quarter of 2016, driven by, with 845,000 net mobile contract additions and 348,000 additional fibre customers. There were 25.5 million 4G customers […]
The rise in advertising revenues has driven profits at TV group Atresmedia, owner of Antena 3 and La Sexta among other channels, with its 9-months profit up by 46.4 per cent to €101.5 million. The group’s revenues increased 6.1 per cent to €740.2 million with an EBITDA of €151.7 million, up 26.7 per cent. The […]
Netflix has reported that in it added 0.4 million members in the US in Q3 compared with its forecast of 0.3 million and 3.2 million members internationally versus its forecast of 2 million. According to the entertainment streaming service, its “over-performance” against forecast (86.7 million total streaming members vs. forecast of 85.5 million) was driven […]