Sony Corp has reported an eight-fold increase in its quarterly profits, helped by the sales of Playstation 4 consoles, and the disposal of properties as well as the sale of Square Enix, a video games developer. Sony said that profit for the April-June period, and its Q1, rose to Yen 26.8 billion ($261 million) from […]
Discovery Communications has published its financial results for the second quarter ended June 30th 2014. David Zaslav, Discovery’s President and Chief Executive Officer, said, “The operating strength across Discovery’s organic businesses, along with increased contributions from strategic acquisitions, led to sustained financial momentum during the second quarter. Our persistent focus on building a broad and […]
DirecTV, the US satellite TV provider, has reported that Q2 2014 revenues increased 5 per cent to $8.11 billion (€6bn) , reported operating profit before depreciation and amortisation (OPBDA) increased 3 per cent to $2.15 billion, reported operating profit increased 5 per cent to $1.42 billion and reported diluted earnings per share increased 35 per […]
Total revenues at ITV are up 7 per cent to £1.225 billion (€1.45bn). Online, Pay & Interactive revenues were up 20 per cent to £67 million whilst total ITV Studios revenues rose 2 per cent to £402 million. ITV said it delivered a ‘good’ performance in the first half of the year with revenue growth […]
US pay-radio operators Sirius-XM saw its Q2 paid-for subscribers grow 5 per cent y-o-y to 26.3 million. And the prospects look good helped by 7.3 million potential subs enjoying a free trial. In cash terms this translated to EBITDA growth for Q2 reaching a record $370 million, up an impressive 31 percent on the same […]
France’s Orange has reported 6.77 million IPTV and satellite customers in the first quarter of the year, an increase of 9.8 per cent year-on-year. Within France it had 5.78 million IPTV and satellite subscribers in France in Q2, up 8.5 per cent year-on-year from 5.32 million in Q2 2013. Its Polish IPTV and satellite customer […]
Pace used its interims to predict a strong year. The British STB manufacturer said YoY it was producing more profit on lower turnover with revenue down 13.6 per cent to $1,139 billion but gross profit up 5.4 per cent to $245.8 million. Adjusted EBITA was $106.3 million against $96.7 million last time. Profit after was […]
Sky Italia ended the period to June 2014 with losses of €8 million, after being in the red for €38 million the previous year, according to data from BSkyB on the creation of Sky Europe Revenues fall to €2.846 billion from €2.911 billion the previous year. The adjusted EBITDA went up to €312 million from […]
Kuwait’s Kipco Projects Co reported a 20 per cent rise in overall profits at the half-year stage, and states that its growth trends are “a positive indication of the performance we expect for 2014.” And it seems Kipco’s media-related investments are contributing handsomely to that overall picture. During the previous quarter-year Kipco said its media […]
There were two distinct stories in satellite operator SES’s first-half results (to June 30). All of its key metrics were in very positive territory, but currency fluctuations took their toll. For example, overall revenues were up from €910.5 million to €938.9 million, a 3.1 per cent improvement. But had there been constant exchange rates, the […]