Twitter stockholders got the jitters as some fear it may be have topped out its phenomenal growth. The drop came after the social network posted its first earnings report since going public in November. It said its monthly active users totaled 241 million in the fourth quarter, up 30 per cent from 185 million a […]
The Walt Disney Company reported a 33 per cent increase in quarterly profit as the animated musical “Frozen” demonstrated why media giants still chase movie home runs. Across the board it delivered good results. A 10 per cent growth in ad sales at ESPN contributed to a 20 per cent increase in operating income at […]
Sony Corp’s new boss, Kazuo Hirai, has enjoyed something of a honeymoon period this past year as he restructured many divisions and attempted to curb the company’s historic losses. It now look as if he has a lot more work to do, as Sony issued a profit warning early on February 6th. Sony now expects […]
Alcatel-Lucent almost halved its net loss for 2013 as cost-cutting, and new product offerings under Chief Executive Michel Combes begin to take effect. The telecoms equipment maker said its gross margin was 34 per cent and operating profit€307 million both better than expected. The group posted its first quarterly profit since March 2012 and in […]
Finnish technology company Teleste has reported Q4 revenues rising 13.9 per cent year-on-year to €54 million with the operating profit rising 30 per cent to €3.5 million and the net profit increasing 87.6 per cent to €0.17 per share. Orders fell 1.3 per cent, Teleste estimates net sales and operating profit for the first half […]
Kabel Deutschland has published its consolidated financial results for the quarter ending on December 31st 2013 revealing further recovery of its premium TV business with 86 thousand RGU net adds, resulting in a total of 2.2 million pay-TV and DVR RGUs. Germany’s largest cable network operator also reported that continued Internet & Phone momentum with 88,000 […]
Time Warner reported strong fourth-quarter revenue growth with gains in its cable and movie businesses. Box office successes such as Gravity combined with television hits such as The Big Bang Theory and The Voice, for revenue up 5 per cent to a record $8.6 billion for the quarter. For the year 2013, revenue was about […]
UK quad-play operator TalkTalk added 175,000 TV customers in its 2013/14 Q3, according to its Q3 Interim Management Statement. The additional numbers take the viewing base to 732,000. TalkTalk also reported that 197,000 TVoD pay- per-view movies had been taken by TV customers, compared with 123,000 for Q2. Total revenue rose 5.1 per cent to […]
Sky Deutschland will reveal its full-year numbers (to December 31st) on February 6th. The market is looking for some good news as a balance to a major slide in the broadcaster’s share price over the past 5 weeks. (On December 23rd its price was €8.13. At the close on January 31st shares were priced at […]
Freesat, the subscription free satellite TV service, has published strong Q4 results, adding 31,000 homes and bringing total households served to over 1.8 million. Freesat now reaches over 3.8 million UK viewers. Freesat’s continuing growth demonstrates the clear attraction of premium TV on a subscription-free basis. With a Freesat box, viewers have access to over […]