Thai satellite operator Thaicom enjoyed record revenues in the year to December 31st, and up 26.7 per cent on 2013, to a total Thai Baht 10 billion, and generating a normalised net profit of TB 1.83 billion. This is an increase of 62.4 per cent on the previous year (and a cash improvement of TB […]
upc cablecom sae its strongest growth ever in Internet connections in 2014, adding 65,600 new subscriptions across Switzerland. Revenue rose to CHF 1.294 billion over the twelve months of last year – a year-on-year increase of more than 4.6 per cent. More than 1.387 million TV customers in Switzerland used a digital TV product from […]
Eutelsat has issued its first half-year results and reported that “positive dynamics” in the Latino market had helped the satellite operator turn in some appealing numbers. Video revenues were up 3.5 per cent to €452.4 million, helped by good performance at Satmex (now renamed Eutelsat Americas, and a renewed 7-transponder deal with Poland’s nc+. Eutelsat […]
Time Warner has reported a better-than-expected quarterly profit, helped by higher subscription fees for channels from Turner Broadcasting and HBO. Revenue from Turner Broadcasting rose 2.3 per cent to $2.6 billion in the fourth quarter ended December 31st. The business accounts for 34.6 per cent of total revenue and was boosted by higher domestic rates […]
US-based pay-radio broadcaster Sirius-XM has reported record revenue and subscriber numbers. CEO James Meyer told analysts that 2014 provided excellent performance on all fronts. “In 2014, we originally projected that we will grow our subscriber base by 1.25 million, but we actually delivered growth of 1.75 million net new subscribers in 2014, ending the year […]
TVN, the Polish commercial TV network, saw revenues in the fourth quarter improve by 4.6 per cent driving full year growth to 3.6 per cent – meeting guidance of low-single digit increase – a result of TVN’s content schedules dominating the audience share market, steady increase in the third party advertising inventory represented through Premium […]
London-based satellite broadband supplier Avanti Communications reported its first-half numbers and declared widening losses ($48.1 million vs $41.8m in the same period a year ago). However, revenues were markedly up (24 per cent) from $25 million to $31.1 million. Avanti also reported that they had raised an extra £60.6 million ($90.7m) in new capital via […]
21st Century Fox has cut its profits forecast for the next fiscal year by about $500 million blaming currency swings and a decline in television ratings as viewers move to new digital platforms. Chase Carey, chief operating officer blamed “adverse industry trends” in TV ratings. “We expect these themes to continue,” he said. Fox is […]
The acquisition of ONO has led Vodafone to increase its revenues by 24.8 per cent to €1.171 billion in the last quarter of 2014. The company has also registered a significant increase in subs to all services. Mobile phone users now number 5,549,000 with the company gaining 70,000 subs in broadband to 2,776,000 customers, 1,595,000 […]
Walt Disney has credited the continuing success of its Frozen brand and an increase in visitors to its theme parks for an “incredibly strong quarter”. Boosted by continued Frozen DVD and merchandise sales, net income rose 19 per cent to $2.2 billion in the quarter, with revenues up 9 per cent to $13.4 billion, both […]