Advanced Television

Results

Eutelsat still suffering Video revenue challenges

Eutelsat revealed its Q3 financials after the market closed on May 12th. Its financial year ends on June 30th. The Broadcast division’s quarterly revenues fell back 6.8 per cent y-o-y to €172.5 million (from €182 million); Broadcast is 61 per cent of the company’s revenues. The problems in Russia were covered by the company. The […]

May 13, 2022By Chris Forrester

Mediaset Spain: Profit down 35%

Mediaset Spain made a profit of €23.6 million in the first quarter, down 35 per cent than the same period last year. Total revenues, though, amounted to €188 million, up 2.2 per cent, some way short of the €226 million in revenues before the pandemic (first quarter of 2019). EBITDA reached €34.3 million, down 33.1 […]

May 13, 2022From David Del Valle in Madrid

NileSat profits trimmed

NileSat has again seen its profits squeezed. It has recorded net profits of $7.27 million (€7m) during the first quarter of 2022, lower than $15.30 million in Q1 last year. NileSat’s revenues settled at $25.04 million in the first three months of this year, compared to $30.95 million during the same period a year earlier, […]

May 13, 2022By Chris Forrester

Disney+ adds 7.9m subs in Q2

The Walt Disney Company has reported earnings for its second fiscal quarter ended April 2nd 2022. Revenues for the quarter and six months grew 23 per cent and 29 per cent, respectively, despite a $1 billion (€0.96bn) reduction for the amount due to a customer to early terminate licence agreements for film and television content […]

May 12, 2022

BT results: “Openreach continues to build like fury”

BT Group has published its full year results, revealing underlying revenue of £20.9 billion (€24.4bn) – down 2 per cent for the full year – attributed to declines in Enterprise and Global. Cost savings meant EBITDA rose 2 per cent to £7.6 billion. The telco said it is on track to meet its targets for […]

May 12, 2022

Movistar Q1: Pay-TV subs decline continues

Spain’s largest pay-TV platform Movistar lost 69,200 TV customers in the first quarter of the year, down to 3,647,200 subscribers. In a year, the company has lost 248,100 pay-TV customers, from 3,895,300 as of March 2021 to 3,647,200 in March 2022, substantially below its peak of 4,054,300 subscribers in March 2020. Convergent customers also decreased […]

May 12, 2022From David Del Valle in Madrid

ProSiebenSat.1 confirms 2022 outlook

ProSiebenSat.1 has reported that results in Q1 2022 in line with the Group’s expectations, noting that its “synergistic business model demonstrates resilience despite the Russia-Ukraine war, ongoing pandemic, and strains on consumer sentiment.” The German broadcasting group saw revenues grow by 2 per cent to €954 million, with a significant growth in advertising revenue being […]

May 12, 2022

ITV reports “robust” Q1

Overall, the UK’s main commercial broadcaster ITV was satisfied with its Q1 results, which were in line with expectations. Q1 revenues grew 23 per cent year-on-year to £458 million (€536m), with total advertising revenues rising 16 per cent to £468 million, as expected, and digital revenues increasing 24 per cent to £82 million. Within the […]

May 11, 2022By Chris Forrester

Liberty Global “stable” in Q1

Liberty Global, the multinational telco, has published its Q1 2022 financial results. CEO Mike Fries stated: “First, our thoughts go out to all those impacted by the war in Ukraine. I’m very proud of our operations and employees across Liberty Global for their devoted efforts to support those in need. While we all hope for […]

May 11, 2022

Virgin Media O2 “showing solid foundations” in Q1

Virgin Media O2 has published its Q1 results revealing adjusted revenue of £2.5 billion (€2.9bn) was broadly flat YoY, an improvement compared to the YoY revenue declines in Q1 2021 and Q4 2021. This performance was supported by increased growth in Mobile revenue which was up 0.9 per cent to £1.3 billion, including a 4.9 […]

May 11, 2022