Dish Network, the second-largest US DTH company, reported a better-than-expected 6 per cent growth in quarterly revenue due to higher net subscriber additions. The company added a net 40,000 subscribers in the quarter ended March 31st. Subscriber additions improved as the rate of cancellations fell to 1.42 per cent from 1.47 per cent a year […]
AOL’s stock dropped more than 20 per cent after the company reported that, while revenue was up 8 per cent in the first quarter, net income fell 64 per cent because of restructuring and other charges. AOL said that its profit dropped to $9.3 million, from $25.9 million a year earlier. Tim Armstrong, the chief […]
Twenty-First Century Fox has reported $8.22 billion of total revenue for the three months ending March 31st 2014, an $866 million or 12 per cent increase over the $7.35 billion of revenue reported in the prior year quarter. The growth in revenue was driven by a $338 million increase at the Television segment, led by […]
Channel 4 has reported a loss of £15 million (€17.6m) in 2013, as its main channel saw a record audience low. Channel 4 had reduced its loss by almost half compared with 2012, which came in at £29 million, and expects to return to breakeven this year. David Abraham, the channel’s chief executive, said that […]
RTL Group says advertising markets continued to show signs of recovery in the first quarter of 2014. With the exceptions of Germany which was estimated to be stable and France which was estimated to be down 2.0 per cent, all European net TV advertising markets in RTL Group’s territories were up year-on-year Reported Group Q1 […]
The market praised Sky Deutschland’s results (announced May 7th) which “confounded market worries” according to Berenberg Bank, and were “positive….[and].. confident” according to Morgan Stanley. There was praise for Sky Deutschland’s dramatically lowered churn, helped by the company’s two-year contracts now in place for many subscribers. However, Sarah Simon of Berenberg Bank said the quarterly […]
Scandinavian DTH operator Canal Digital lost 9,000 subs in its Q1 trading period to March 31st. However the remaining 920,000 subs helped drive revenues up 0.7 per cent (y-o-y) to NOK 1.128 billion. Telenor says that positive currency effects helped compensate for the fall in core subscribers, and reported that adjusted EBITDA rose NOK 9 […]
The Walt Disney Company has reported higher profits than expected for the quarter ending March 31st, boosted by the continued strength of its blockbuster animated film Frozen. Net income for the quarter increased to $1.9 billion from $1.5 billion a year earlier, lifted by growth at its movie studio. The movie Frozen continued to propel […]
Once again Sky Deutschland has outperformed the market’s expectations in its first quarter results to March 31st. The pay-TV broadcaster delivered 64,000 new subscribers (taking the overall total to 3.73 million), well ahead of last year’s Q1 of 42,000. Quarterly churn has been slashed from last year’s 11.3 per cent to 8.8 per cent, while […]
Liberty Global said EU merger watchdogs seem likely to extend their examination of its planned purchase of Ziggo for €4.9 billion. “The European Commission has nearly completed its phase one investigation into our proposed acquisition of Ziggo,” Chief Executive Officer Mike Fries said. “The case is likely to move to a second phase at the […]