Advanced Television

Results

Discovery boosted by international

Discovery Communications has reported financial results for the full year and fourth quarter ended December 31st 2014. “The healthy performance of our core business coupled with increasing contributions from our recent strategic acquisitions led to another year of solid operational and financial results and increasing capital returns in 2014,” said David Zaslav, President and Chief Executive […]

February 19, 2015

Kudelski 2014 lifted by Conax

TV technology provider Kudelski has revealed solid full-year results, with revenue growing 7.1 per cent to CHF895.1 million and operating income growing by a quarter to CHF68.1 million. Net profit rose from CHF39.4 million to CHF50.4 million. Kudelski said that the appreciation of the Swiss franc will have “a materially negative impact” on its 2015 […]

February 19, 2015

M6 net profit up 10%

French private broadcaster M6 posted a net profit for 2014 up 9.9 per cent at €123 million compared to €112.1 million 2013, showing good resistance in a difficult market environment. Consolidated revenues increased by 0.4 per cent on the previous year to €1,257.9 million, despite a 1.5 per cent drop in the Group’s advertising revenues […]

February 18, 2015From Pascale Paoli-Lebailly in Paris

Intelsat still hurt by segment falls

Satellite operator Intelsat brought in revenues of more than $619 million during its Q4 trading (to December 31st) and helping drive overall revenues for the year to $2.472 billion, and its revenues were just ahead of its own expectations by $11.3 million. Intelsat paid down $475 million in debt during the year. It managed an […]

February 18, 2015By Chris Forrester

Triple downgrades for US cable

One of the US’s major media research analysts has downgraded three major cable stocks and expressed anxiety about the threat of tough regulations on the sector, and in effect is applying its own ‘cord-cutting’ on the cable sector generally. Craig Moffett from MoffettNathanson downgraded Comcast, Time Warner Cable and Charter Communications to ‘Neutral’ saying it […]

February 18, 2015By Chris Forrester

Fitch affirms Sky ‘BBB-‘ rating

Global rating agency Fitch Ratings has affirmed Sky’s Long-term Issuer Default Rating (IDR) and senior unsecured ratings at ‘BBB-‘ following the announcement of the latest English Premier League (EPL) rights auction. The Rating Outlook on the IDR is Stable. The rating affirmation takes into account the material programming cost inflation Sky faces from FY17, the […]

February 17, 2015By Colin Mann

Orange: Q4 TV subs boost

Orange’s Q4 results show the telco has a total of 7.190 million IPTV and satellite customers across its operations, a 10.4 per cent year-on-year increase. Earnings before interest, taxes, depreciation and amortisation will be in a range of €11.9 billion to €12.1 billion, a decrease of as much as 2.4 per cent from a year […]

February 17, 2015

Scripps forecasts underwhelm

Europe was a little pre-occupied last week what with the Sky Premier League news, Liberty’s numbers and plenty of other more local headlines, and in the process some may have missed the February 12th financials from Scripps Networks Interactive (SNI). In the past Scripps has enjoyed ratings and financial success helped by strong international growth […]

February 16, 2015

Liberty Global: “2014 a milestone year”

Liberty Global has reported 3.5 million pay-TV subscribers at the end of 2014, with its year-end Horizon base lifted to 914,000 by a record take-up in Germany in the fourth quarter. Virgin Media in the UK now has 2.5 million TiVo customers, adding 583,000 in the course of the year. The company had 15.9 million […]

February 13, 2015

Discovery nets record international audiences

Discovery Networks International has closed the books on another record-setting quarter and year, making both Q4 and 2014 its best ever.  Discovery’s global portfolio of flagship channels and immersive brands saw a 10 per cent increase in average audience across the portfolio (vs. 2013) as well as an average audience increase to 3.2 million (+13 […]

February 13, 2015