Hong Kong-based AsiaSat teased an extra 1.4 per cent profit margin for its H1 results, to HK$401 million (from HK$395m this time last year) in trading to June 30th. But the satellite operator reported a dramatic fall in overall revenues, down 25 per cent although due to exceptional circumstances. AsiaSat reminded the market that last […]
Disappointing advertising markets in its core European markets held down first half results at RTL Group, which saw revenues dip 1.3 per cent to €2.78 billion in the first six months of this year. The broadcaster’s country divisions outperformed their markets — the French TV ad market dipped 6 per cent in the first half […]
ThinkAnalytics, the specialist in multiplatform TV search and recommendations, has announced its 2012 momentum is continuing with the close of a record-breaking financial year. The company expanded its customer portfolio to 52 operators worldwide and nearly doubled its licensed subscriber base in 12 months, from 70 to 130 million licenses. The company also saw 100 […]
The Kudelski Group, provider of media content protection technology, announced its 2013 half year results. Total revenues and other operating income for the first half year increased by CHF 1.9 million (€1.55m) to CHF 390.2 million, in spite of the divestiture of Abilis, a unit sold in December 2012. Sales of SmarDTV devices as well […]
John Chambers, Chairman and CEO of Cisco, has suggested that the company’s set-top box business has adversely affected its profitability and that transitioning customers to cloud-based technology will address the problem. In an earnings call to discuss Cisco’s Fourth Quarter and Fiscal Year 2013 Financial Results, Chambers said that the problem in its service provider […]
Cisco Systems is to trim about 5 per cent of its workforce, equal to around 4,000 jobs. The news caused the company’s share price to crash 9 per cent in after-hours trading late on August 14th. CEO John Chambers, speaking on an analysts call, said the company is seeing a slow, steady improvement in its […]
Kabel Deutschland Holdings (KDH) Germany’s largest cable network operator, has released its consolidated financial results for the first quarter ended June 30, 2013 showing steady growth across the business, except for churn at Kabel BW. Internet and Phone momentum continued with 71,000 net subscriber adds quarter on quarter, representing the strongest Q1 since June 2009, […]
A week ago investment bank Morgan Stanley was describing Sky Deutschland as its ‘best in class’ broadcaster’. It is easy to see why, given that Sky-D has plenty of growth headroom, 100 per cent control of German football, no problems with the regulators and a good relationship with almost all of its rivals. This is […]
Scripps Networks’ international division continues to impress in terms of growth and ratings. Kenneth Lowe, Scripps’ chairman/CEO and president, told analysts during a call August 8, that Travel Channel and Food Network continuing to perform outstandingly well. “We expanded our footprint with the acquisition of the Asian Food Channel in April,” said Lowe. “We also […]
Jeff Bewkes, Chairman and CEO of Time Warner, has suggested that global Internet piracy actually benefits original programming such as HBO’s Game of Thrones, leading to more paying subscribers for pay-TV networks. Studies indicate that Game of Thrones is one of the most pirated TV globally. Responding to an earnings call question about whether Time […]