Verizon Communications added just 20,000 FiOS TV customers in the fourth quarter, its weakest additions since launching the service in 2006, and further evidence that cord-cutting is beginning to chip away at what once was pay-TV’s most reliable growth engine. FiOS TV ended the fourth quarter with 5.8 million customers. Broadband growth also slowed in […]
Streaming giant Netflix said its customer numbers surged more than expected last quarter, rising a record 5.59 million customers in the three months to December, bringing total member numbers to 74.76 million. However, it said it missed its forecast for US subscriber growth – but its US-listed shares still shot up as much as 8 […]
Indian media company Zee Entertainment Enterprises has reported a 10.9 per cent decline in consolidated net profit at Rs 275 crore (€37.1m) for the third quarter ended December 31st 2015. The company had posted a net profit of Rs 308.61 crore for the corresponding period a year ago, it said in a filing to the […]
Satellite operator SES says its channel growth has exploded over the past year, rising by 11.3 per cent. It is now carrying 7,268 channels and says its strongest growth “is in emerging markets”. Growth is also occurring in HDTV broadcasting, and SES says that its Ultra-HD confirmed channel count now amounts to seven channels with […]
Multichannel programmer UKTV is celebrating its most successful year after record-breaking viewing puts it neck and neck with terrestrial FTA pubcaster Channel 5’s full portfolio and all of Sky’s wholly-owned channels, including movies and sport, for the first time. In 2015 UKTV grew its share to 5.27 per cent (from 5.08 per cent in 2014) […]
London-based specialist satellite operator Avanti Communications says it has seen a “significant new order intake” during the first-half of its current financial year, particularly in terms of Broadband and Government sectors. Avanti says it expects to be able to show strong growth in continuing business revenue in Q2, which it said underpins its expectation for […]
Vice’s European operations will double revenues to £100 million (€138m) this year, as its TV strategy starts to pay off. Vice UK, the London-based parent for all the company’s European operations, will also deliver its first significant profits of about £18 million this year, according to The Guardian. The company, which has investors including Rupert […]
Eutelsat celebrated the 10th Anniversary of its listing on the Paris bourse by holding an Investors Day in Paris on December 1st. The mood was decidedly upbeat , and presentation followed presentation in outlining the opportunities – and obvious challenges – ahead. Outgoing CEO Michel de Rosen told analysts that the company had grown significantly […]
The Walt Disney Company cheekily filed its latest regulatory 10K statement to the Security & Exchange Commission after the market had closed on November 25th and when many analysts and observers were travelling to family and friends for Thanksgiving. The filing date was wholly allowable, but reported was some worrying bad news: Some of Disney’s […]
TiVo might be losing its CEO, Tom Rogers, next February but he is departing on a ‘high’ with y-o-y subs numbers at an all-time high – both domestically in the US and internationally. Rogers, in a post-results call with analysts, stressed he will be staying on as TiVo’s largest individual shareholder, and Chairman. Rogers has […]