The weakest performer in the US media sector and embroiled in a lawsuit that challenges the competency of main owner Sumner Redstone, Viacom managed to report a March quarter profit on lower revenues. Viacom’s net earnings were $303 million in the second quarter, compared to a loss of $53 million a year ago, when the […]
Kuwait’s KIPCO conglomerate, which amongst other investments owns a major (60.5 million) stake in Dubai’s pay-TV operator OSN, saw its Q1 profits jump 13 per cent, with a net profit of $44.7 million ($40 million same period last year). KIPCO’s published quarterly statements do not break out its divisional performances, but its 2015 Annual Report, […]
Orange Spain has reversed 27-months of declining revenues and has significantly increased its subscribers. In the first quarter of the year, the company managed gained 1.8 per cent in revenues to €1.189 billion. By comparison, in the last quarter of 2015, Orange had a 0.7 per cent decline in revenues and a fall of 1.7 […]
On April 28th, satellite operator Intelsat will unveil its Q1 results, and there’s little doubt that change is in the air. The past few quarters has seen altogether too much doom and gloom associated with Intelsat, and now there are clear signs that as this year rolls out the businesses prospects look much healthier. Indeed, […]
Releasing its Q3 numbers, Sky has reported strong demand from new customers, with existing customers continuing to take more from the broadcaster. 177,000 new customers joined during the quarter, with 686,000 more products in Sky homes. Group revenue rose 5 per cent to £8.715 billion (€11bn), with a 12 per cent increase in operating profit […]
DISH Network has reported revenue totaling $3.79 billion (€3.33bn) for the quarter ending March 31st 2016, compared to $3.72 billion for the corresponding period in 2015. Subscriber-related revenue for the US satellite pay-TV broadcaster increased to $3.78 billion from $3.7 billion in the year-ago period. In the first quarter, DISH activated approximately 657,000 gross new […]
Netflix has unveiled its Q1, saying it had added a global net increase of 6.47 million subscribers during the quarter. This was better than its previous ‘best ever’ quarter (Q2/2015) when it added 5.59 million net new subs. US growth was 2.23 million, and helping Netflix’s overall global subs base to 81.5 million. Most of […]
CityFibre made a first profit as the fibre broadband group benefits from demand for alternatives to BT’s Openreach network. The AIM listed company builds and operates fibre optic networks for customers such as Vodafone to help connect mobile calls and provide broadband. Adjusted earnings before interest, tax, depreciation and amortisation, moved into profit in the […]
Com Hem, the Swedish telco, has reported Q1 revenue totalled SEK 1,276m (1,228), up 3.9 per cent. The number of unique consumer subscribers rose 9,000 to a total of 920,000. There was a continued strong volume growth in broadband, up 11,000 to 669,000 RGUs. Digital-TV RGU’s totalled 635,000, affected by price adjustments in the quarter, […]
Bloomberg’s television broadcast service is a speciality all-financial news channel but it seems advertisers are perfectly happy with the product. Bloomberg Media CEO Justin Smith told staff April 14 that its TV revenues in the US were up 27 percent year-on-year despite what he described as an “increasingly difficult media environment”. Bloomberg’s detailed numbers will […]