Virgin Media has moved back into revenue growth, adding 15,000 pay-TV customers and more than 40,000 broadband subscribers in Q1 2014. The results mark a return to form for Virgin Media, acquired by John Malone’s Liberty Global last year. Revenues had dipped 1.1 per cent during its traditionally prosperous Christmas quarter after a slump at […]
Figures are up across the board for upc cablecom in the first quarter of 2014. Switzerland’s largest cable operator increased its number of subscriptions by 21,400 to 2,560,100 in this period. The company recorded the largest growth for Internet (up 11,600 subscriptions). The higher number of customers also positively impacted on the revenue, which totalled […]
Telenor’s Satellite Broadcasting (TSBc) division reported “flat y-o-y revenues” for Q1 trading of NKr 238 million (2013, NKr 237 million) although the NKr 238 million represented a fall from the Q4/2013 revenue position of NKr 247 million. Revenues and EBITDA performance were both in line with 2014 expectations despite a fall of 3 percent in […]
Arris Group has published preliminary and unaudited financial results for the first quarter 2014. On April 17th 2013, the company closed the acquisition of Motorola Home. As a result, Arris stated that some comparisons to prior periods may not be meaningful. Financial Highlights – Revenues in the first quarter 2014 were $1,225.0 million – Adjusted […]
Inmarsat, a provider of satellite communications for shipping, aircraft and land operations worldwide, posted adjusted earnings before tax, interest, depreciation and amortisation (EBITDA) of $164.7 million. Revenue rose 9.9 per cent to $344.7 million. Inmarsat, whose satellites helped track the final route of missing flight MH370, said it made a strong start to the year, […]
UK subscription-free digital satellite TV service Freesat has announced what it describes as “a good start” to 2014, adding 18,000 homes, suggesting that budget-conscious consumers are switching away from expensive pay-TV packages. Freesat, which celebrates the sixth anniversary of its launch this week, is now available in 1.84 million households, and is watched by more […]
Sky Deutschland last week carried a test transmission of a Bundesliga football match in Ultra-HD. The match, between Bayern Munich and Werder Bremen, was carried on an Astra satellite on April 26th, and carried at 50 fps and using the new High Efficiency Video Codec (HEVC) compression algorithm. Six 4K cameras were used and another […]
Discovery Communications has reported financial results for the first quarter ended March 31st 2014. David Zaslav, Discovery’s President and Chief Executive Officer, said, “Discovery’s strong organic growth continued during the first quarter as our unparalleled global reach and sustained investment in diverse and engaging content allowed us to capitalise on the growing demand for pay-tv […]
The market was impressed by BSkyB’s May Day Q3 results, and where the broadcaster managed to defy the pundits by reversing the generally negative sentiment ahead of the results into a very positive statement of the company’s health. Indeed, investment bank Morgan Stanley, in a “good news” report to clients on May 2nd, revised their […]
Sony has confirmed it would take a $145 million write-down on its Blu-ray disc business. The fresh profit warning came just 3 months after the previous guidance. Sony’s results (for 2013-14) are issued on May 14th. Sony was a pioneer for Blu-ray technology but now says it has further revised downward its anticipated profitability reflecting […]