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Netflix plans “substantial” European expansion

Buoyed by its success in international net additions and shrinking contribution losses, Internet entertainment streaming service Netflix has announced plans for what it describes as “a substantial European expansion”. It made the comments in a letter to shareholders as it revealed its Fourth-Quarter 2013 Financial Results. The company said it ended 2013 with over 44 […]

January 23, 2014By Colin Mann

BSkyB: “Getting on with the day job”

Morgan Stanley suggests that while the market might enjoy speculating as to what Rupert Murdoch, or a new cellular giant might do as regards BSkyB’s future, the reality is that BSkyB has its head down and is getting on with its “day job”. The pre-Christmas build up to December 31st saw Sky place considerable resources […]

January 21, 2014By Chris Forrester

Netgem reports 15,000+ LaBox subs

For the quarter ended on December 31st 2013, French technology specialists Netgem has reported consolidated revenues of € 23.5 million – 2 per cent up on a year earlier – bringing its consolidated revenue throughout 2013 to € 81.3 million, of which 77 per cent was generated abroad. Netgems’s Q4 international revenues came to €19.4 […]

January 17, 2014

Better prospects for Sky Italia

The economic downturn as well as increased competition has combined to damage subscriber numbers at Sky Italia, with profits “collapsing” according to a report from Enders Analysis. The position could change in 2014, says the report. Sky Italia has around 4.8 million subs. “The subscriber base seems to have levelled off, revenues are stable, but […]

January 15, 2014By Chris Forrester

Pace: 2013 ahead of guidance

Pay-TV and broadband service provider technology provider Pace has announced an unaudited update for the financial year ended December 31st 2013 ahead of preliminary results to be announced on March 4th 2014 which suggests that its Full Year 2013 performance is expected to be ahead of guidance. Pace reports that: Full year revenues expected to […]

January 9, 2014

Hulu: 5m subs, $1bn revenues

Hulu has revealed it has topped 5 million subscribers and $1 billion in revenue in 2013. New CEO Mike Hopkins says the $1 billion revenue is an increase from $695 million the year before. Hulu says “living room viewing” accounts for more than half of the consumption from users. The app is available on several […]

December 19, 2013

S3 Group reports strong growth

S3 Group, an international digital TV company that enables operators and infrastructure vendors to accelerate the end-to-end delivery of multiscreen TV, has recorded strong revenue growth from the Video Service Provider market in 2013. S3 Group’s TV Technology revenues have grown by 25 per cent year-on-year, buoyed by the roll-out of new TV platforms, demand […]

December 16, 2013

Last.fm loses £4m

CBS-owned online music service Last.fm made a loss of almost £4 million last year, as income sank by 70 per cent at its UK operation. The company’s financial filing shows that total revenues fell 21 per cent year-on-year from £8.13 million in 2011 to £6.38 million last year. Gross profits more than halved, from £3.7 […]

December 13, 2013

Malaysia’s Astro tops 3.4m subs

In their latest numbers (to the end of October) Malaysia’s Astro pay-TV operator added a net 382,000 subscribers taking the total to 3.402 million (up 6 per cent) which means Astro’s total subscriber base (when the free-to-air NJOI subs are added) to 3.78 million or 54 per cent of Malaysia’s TV households. The number of […]

December 9, 2013By Chris Forrester

SeaChange Q3 sees increased revenues

SeaChange International, the global multi-screen video software specialist, has reported third quarter fiscal 2014 revenue of $37.8 million and operating income of $2.9 million from continuing operations. For the first nine months of fiscal 2014, SeaChange posted revenues of $110.7 million and operating income of $7.5 million, compared to revenues of $112.6 million and operating […]

December 6, 2013