Norway’s Telenor Satellite Broadcasting (TSBc) reported “stable” revenues of NoK 241 million for its Q3 trading period, which almost exactly matched revenues from Q3 last year (NoK 242 million), with EBITDA of 71 per cent (NoK 171 million) compared to 70 per cent a year ago. However, actual quarterly revenues were down NoK 5 million […]
Eutelsat said that all the signs for 4K/Ultra-HDTV transmission were positive and encouraging, and expected signals to meaningfully start in the 2017-2018 timeframe. Eutelsat also reported “stable” video revenues for its Q1 numbers (period to September 30th) with quarterly revenues up just €800,000 to €217.1 million compared with the same period last year. Eutelsat chairman/CEO […]
Central European Media Enterprises (CME), has returned an “unacceptable” Q3 performance as its revenues dropped and it reported an operating loss of $45 million. The weak results could mean a debt crisis for the firm: “we will be unable to meet our debt service obligations and generally fund our operations sometime within the next twelve […]
India’s transition to digital transmission is proving to be highly beneficial for major MSO Siti Cable. Siti enjoyed a robust three months and has reported a 57 per cent growth in revenues for the quarter ending in September. It has posted a revenue of over $26.4 million. In the same quarter last year, it had […]
Paris-based satellite operator Eutelsat will deliver its Q1 numbers after the market shuts on October 29th, but most analysts expect a ‘steady as she goes’ report. Investment banker Morgan Stanley, in a note to clients, says candidly that ”very little happened in Q1” although that statement ignores the mid-September Tribunal decision to award key transmission […]
Samsung Electronics has reported a 26% jump in profit in the third quarter driven by strong smartphone sales and a recovery in its memory chip business. It made a net profit of 8.24 trillion won ($7.6bn) in the July-to-September quarter, up from 6.56tn won during the same period a year earlier. Operating profit rose to […]
For the first time in five years, the media and entertainment industry is expected to outperform the major stock market indices in 2013, according to Spotlight on Profitable Growth: Media and Entertainment, Vol. VI, a new report just released by business consultancy firm EY. Overall revenue and EBITDA dollars have continued to climb steadily for […]
Netflix is an emblematic company; emblematic of the starkly simple fact that ubiquitous fast access is rewriting the rules of pay-TV. The California company does what ‘traditional’ players like Showtime and HBO do, but does it with an aggressive price and complete control of its marketing and – in most respects – its distribution. This […]
The Berlusconi-backed Mediaset Spain commercial broadcasting business has reportedly suffered a 13.7 per cent fall in its advertising revenue during the first 9 months of this year. Mediaset Spain will unveil its formal results for the 9-months on October 30th after the closing of the Madrid stock exchange. Mediaset Spain, owner of TV channels Telecinco […]
Ericsson reported third-quarter sales down three percent to SEK 53 billion (€6.2bn), hit by exchange effects and a slowdown in major projects. Comparable sales excluding forex rose three percent from a year earlier. Operating profit improved to SEK 4.2 billion from SEK 3.1 billion a year earlier, in part thanks to a shift in Europe […]