Harmonic’s was a “tale of two businesses” in Q2 said CEO Patrick Harshman revealing a 13 per cent rise in sales for the VOS software media processing platform but a 28 per cent decline at its Cable Edge (QAM, CCAP) business. Overall Q2 revenues were down 1 per cent, to $103 million (€93.2m). Harmonic posted […]
ITV reported a 25 per cent increase in pre-tax profits, despite a 4 per cent drop in audience numbers in the first half of this year. The commercial broadcaster said pre-tax profits rose 25 per cent to £391 million (€552.3m) in the first half of the year, adjusted for amortisation and acquisition costs. On a […]
Pace, developer of technologies and products for pay-TV and broadband service providers, has published its results for the 6 months to June 30th 2015. Over the first half, EBITA rose 11 per cent to $118 million (€107m). H1 revenue was $1.08 billion, compared with $1.14 billion a year ago. In April, it was announced that […]
Rightster, the digital video distribution and monetisation network, has reported during the first six months of its financial year to June 30th 2015, it continues to show strong growth across the business. Unaudited net revenue in the period reached approximately £7 million (€9.8m), an increase of 268 per cent from the same period last year. […]
AT&T lost 22,000 U-verse TV subscribers in Q2, compared to 190,000 net adds in the same quarter a year ago. The US telco, which ended Q2 with 5.97 million video subs, blamed typical “seasonality” over cord-cutting, alongside the decision to target promotions to more profitable, higher-value subscribers. “On the U-verse video side, the first point […]
SES has signed agreements for a further three UHD channels to be launched by the end of the year, and these are in addition to the 4K service already announced for Sky Deutschland and a shopping channel (pearl.tv) scheduled to launch in September. CEO Karim Michel Sabbagh, in the SES half-year financial statement, said that […]
It seems investor confidence in satellite operator Intelsat is evaporating. There has been a steady fall in the company’s Common stock share price, and Thursday (July 23rd) was no better with a fall of 3.34 per cent to an all-time historic low point of just $7.82. A week ago it stood at $8.70. On October […]
Giant screen specialist IMAX unveiled its latest quarterly (Q2) numbers July 23rd and heard CEO Richard Gelfond say that the period had delivered “better than expected” theatre installations and “robust” revenues (up 35 per cent y-o-y). Box office revenues were $343 million. “Our growth this quarter was primarily driven by our stellar box office performance […]
Comcast, the largest cable operator in the US, saw its high-speed Internet and NBC Universal businesses grow in Q2 amid a drop in pay-TV subscriber departures. Comcast reported total revenue rose 11.3 per cent to $18.74 billion (€17.01bn) in the second quarter ended June 30th. Net income attributable to Comcast rose 7.3 per cent to […]
UK quad-play provider TalkTalk, providing the first trading update for the three months to June, said the overall broadband market had been softer than previous quarters due to a quiet consumer environment. First-quarter revenue was up 3.5 per cent year-on-year, marking a slowdown from the 6 per cent recorded in the previous three months. In […]