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Mediaset returns to profit in 2013

Italian commercial broadcaster Mediaset returned to net profit of €8.9 million in 2013, compared with a loss of €282.1 million the previous year, as a result of cost cutting measures. Consolidated net revenue was €3.4 billion (€3.7 billion in 2012), with positive EBIT of €246.3 million, compared to a negative €35.4 million in 2012. Earnings […]

March 27, 2014From Branislav Pekic in Rome

Nilesat posts record profits

Egyptian Satellite (NileSat) has reported its financial results posting a net profit of $46.56 million in 2013, up 43.9 per cent. Nilesat, which is also carrying a record number of channels, reported net profit of $32.35 million for 2012. Revenues for last year rose 9.09 per cent to another record of $180.91 million, up from […]

March 26, 2014By Chris Forrester

AsiaSat suffers fall in revenues

AsiaSat’s financials, released in Hong Kong March 20th, showed zero growth compared to 2012 when an exceptional payment of HK$ 311 million was stripped out from last year’s numbers. Revenues from satellite transponder capacity sales fell back 4 per cent in what was a challenging year. Notably, revenues suffered because of the renewal of contracts […]

March 21, 2014By Chris Forrester

ONO: ‘Solid 2013’

As news headlines concentrated on its possible IPO or sale to Vodafone, Spanish quad play operator ONO has released its Full Year 2013 results, which it described as ‘solid’. It also confirmed it is looking at launching an online service. As of December, 31, 2013, it offered our services to 7.2 million homes across Spain, […]

March 17, 2014

Hispasat profits 5.5%

The Spanish satellite operator Hispasat has increased its net benefit by 5.5 per cent to €54.3 million. Hispasat declared a turnover of €201.4 million, up 0.57 per cent.  55.6 per cent of it came from Latin America, with the remaining 44.4 per cent from Europe and the North of Africa. EBITDA reached €163.8 million, up […]

March 7, 2014From David Del Valle in Madrid

RTL profits up 45%

RTL Group has reported net profits up 45.7 per cent to €870 million for 2013. Europe’s largest broadcast network saw revenue drop 1.8 per cent to €5.89 billion as higher revenues from RTL Netherlands and RTL Germany were offset by lower revenue from FremantleMedia – its production arm which distributes talent shows including “Idol” and […]

March 6, 2014

Inmarsat ends 2013 on a high

Inmarsat has reported it finished 2013 with an upturn in its core maritime, aviation and land services business, giving it momentum for faster growth in the next two years. The British satellite group, which provides communications to shipping, aircraft and remote locations, reported revenue growth of 5.4 per cent in its core Global MSS business […]

March 6, 2014

Telecom Italia narrows losses

Telecom Italia Media has posted a narrower net loss of €132 million in 2013 after the sale of two loss-making television channels. The company, which had posted a loss of 241 million euros in 2012, sold the La 7 and MTV channels in April and September 2013 respectively. Telecom Italia Media, which is in talks […]

March 5, 2014

Pace expects $2.7bn revenue in 2014

The UK STB maker Pace has posted a 22.5 per cent rise in full-year core earnings, driven by high demand for its next-generation media servers in the US. Pace, whose US customer base includes Comcast, AT&T and DirecTV, said it expected revenue of about $2.70 billion this year, with an operating margin of around 8.5 […]

March 4, 2014

CME narrows loss in Q4

Central European Media Enterprise (CME), which broadcasts 35 network TV channels in central Europe and is backed by Time Warner, has reported Q4 and full year numbers. Its net loss for the full year was $281.5 million (an improvement on 2012’s $546m), and based on lower revenues y-o-y ($691 million in 2013, $77million in 2012). […]

March 4, 2014By Chris Forrester