Orange Spain is doing better in terms of revenues and clients. In the third quarter of the year, the company managed to slow its decline in revenues, from falls of 2.5 and 5 per cent in the previous quarters to a 1.7 per cent decline to €1.22 billion. Since the acquisition of Jazztel in July, […]
US pay-radio operator SiriusXM reported record Q3 revenues of $1.17 billion (up 11 per cent) on October 22nd, and raised its guidance once again for its full-year numbers to reflect a growing appetite for its multi-channel radio services. Subscriber numbers are up, as is revenue and EBITDA. “With subscribers at an all-time high of nearly […]
MTG’s recent restructuring has cost it SEK700 million (€74.2 million) int has reported in its Q3 results. The TV group has undertaken a company-wide restructure, announcing 300 job cuts in August as part of a programme of cuts across its operations in the UK Sweden, Norway and Denmark. Over half of the restructuring charges relate […]
Orange posted higher Q3 sales and core profit for the first time since 2009 helped by stronger results in its key market of France, prompting it to raise its annual profit target. Europe’s fourth largest telco said restated earnings before interest, tax, depreciation and amortisation (EBITDA) would reach at least €12.3 billion this year, compared […]
Sky’s British and European Q1 results were in the main better than expected. Equity analysts praised the pay-TV broadcaster’s broadband efforts which resulted in the best growth (+133,000) for two years. The market’s view is that Sky’s “aggressively priced” dual-play offering is resonating with consumers, and not just established DTH clients. Sky’s European numbers were, […]
French media and entertainment group Vivendi has asked the Autorité des Marchés Financiers (French securities regulator) for an inquiry subsequent to the release of what it terms ‘false information’ suggesting there had been a 10 per cent drop in the number of Canal+ subscribers for September 2015, which negatively impacted its share price. Vivendi was […]
Online entertainment service Netflix has suggested it may move into the news genre as it refines its content portfolio, but has discounted a move into sports. The comments came during Netflix’s Q3 2015 Results Earnings Call. Ted Sarandos, Chief Content Officer, said that the service was definitely being more adventurous in terms of the genres […]
London-based satellite operator Avanti is issuing 2 million new shares, at the price of just 1p a share, to its employee benefit’s trust. The shares will be awarded to staff as part of the company’s plans for share option distribution. Avanti has suffered some negative press just lately, not least in the form of how […]
Malaysia pay-TV operator Astro reported consolidated revenues of MYR2.7 billion ($64m) for the first six months of the financial year ending January 31st 2016, with a growth rate of 4 per cent year-on-year. The firm’s advertising income grew by 5 per cent to MYR305 million (€56.5m). As to subscription gains, Astro added over 426,000 net […]
DVR specialist TiVo reported a better-than-expected rise in quarterly revenue, boosted by higher subscriptions. The company’s total subscriptions rose 26 per cent to more than 6 million in the second quarter ended July 31st. The company revenues were up 6 per cent to $99.10 million. TiVo, whose clients include DirecTV, is trying to partner with […]