RTL Group, the European entertainment network, has conducted a first assessment of the financial impacts of the Advertisement Tax Act which was approved by the Hungarian parliament on June 11th 2014. The law as amended is expected to become effective in the course of August 2014 and to require first payments by RTL Hungary later […]
blinkx, the AIM-listed online video advertising company, saw shares drop 40 per cent after it warned that first-half earnings would be lower than forecast. In a statement, blinkx revealed that its performance over the past three months was worse than expected due to “industry-wide issues of efficiency and effectiveness”, exacerbated by “the lingering effects” of […]
PeerTV, the AIM listed provider of technology solutions for the OTT market and printed circuit board production sector, has announced sharply improved results for the 2013 trading year. Gross revenue rose by over 50 per cent to $3.01 million, up from $1.96 million in 2012. At the same time, management has successfully driven operating costs […]
Owner Naspers says that its Multichoice pay-TV operation saw “record” gains of 556,000 subs (y-o-y) to the end of March. Multichoice says that this takes its overall total to 7.3 million “spread over 48 countries on the African continent”. Revenues grew a healthy 18 per cent to 17.1 billion Rand, however increased investment in expanding […]
Oregan Networks, a leading supplier of next-generation Pay TV solutions for Multiple Service Operators (MSOs), has delivered a record 2013 revenue, as it continued to invest into future growth through the evolution of its product, methodology and market presence. By the end of 2013, subscriptions to British Telecom’s internet television service powered by Oregan’s software, […]
Swedish broadcaster MTG will take a 160 million Crown ($23 million) write down on costs in its fiscal second quarter, mainly due to an uncertain outlook in Ukraine and the devaluation of the country’s currency. MTG will write down 100 per cent of the intangible assets from its 85 per cent stake in Viastrong Holding, […]
Total TiVo subscriptions have surpassed 4.5 million, reaching the highest level in the advanced television company’s history. The news came as TiVo reported its Q1 2014 results, which saw Service and Technology revenues of $86.0 million in the first quarter, an increase of 39 per cent year over-year. Adjusted EBITDA was $26.9 million, exceeding guidance. […]
Eutelsat launched its massive Ka-Sat craft back in December 2010, and it is fair to say that the broadband and data satellite took some time to make any real progress. Now, the 6-tonne satellite is making steady – and more valuable – progress. The highly complicated craft focuses its 82 spot-beams onto tightly targeted regions […]
Just before the end of last year, Paris-based Eutelsat wrapped the purchase of the SatMex portfolio of satellite assets, and the deal is now beginning to make real sense. Video business at the end of Q3 (to March 31st) grew 1.5 per cent with SatMex’s help, but Data & Value Added business mushroomed 22.7 per […]
TalkTalk has passed one million pay-TV subscribers, making it the UK’s fastest-growing television service, adding more customers than all the other pay-TV operators combined. “Our strategy for growth is delivering,” said chief executive Dido Harding. “We continue to grow faster than all the other UK TV operators put together and are confident that in time, […]