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, […]
UTV Media, the Northern Irish radio and television broadcaster, has revealed its latest figures. There was growth in Television revenues in Q1 of 2014, with London Net Advertising Revenue (NAR) up 3 per cent, Irish NAR up 11 per cent and total revenues up 4 per cent. In Q2 UTV anticipates total TV revenues to […]
Italy’s Mediaset has reported a slight drop in pay-TV revenues at the end of Q1 2014, while subscriber figures remain unchanged (around 2 million) compared to the 4Q 2013. Mediaset Premium ended the first three months of 2014 with €142.8 million in revenues from smart card sales, top-ups and Easy Pay subscriptions, compared to €144.5 […]
TVN revenues increased year-on-year by 2.5 per cent in the first quarter and reached PLN 352 million on the back of a recovering TV advertising market and the strong results of its Premium TV brokerage operation and the non-linear content initiative. Advertising and sponsoring revenues in the period were up by PLN 7 million, or […]
London-based satellite operator Avanti Communications has reported a loss for its 9-month trading (to March 31st). Avanti says its revenues for the 9 months were just $39 million, and blamed the poor performance on continued delays in client capacity bookings. The poor revenue picture means that Avanti’s EBITDA position has worsened from a positive $1 […]
InnoWave, a Portuguese IT Company with strong international focus, has just announced its financial results for 2013 and outlook for 2014. In 2013, the company achieved a turnover of €4.5 million (€450.000 from the Belgian office), a 45 per cent increase over the €3.1 million in previous year. The Consulting area represented 74 per cent […]