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ITV boosted by ads, Online revenues up 19%

ITV has revealed a 16 per cent rise in half-year profits to £270 million, saying it expected to reverse a three per cent drop in net advertising revenues in the first half of the year with growth of 12 per cent in July and 20 per cent in August. The UK commercial broadcaster is set […]

July 30, 2013

Darroch sheds light on Sky results

BSkyB CEO Jeremy Darroch, in a telephone call with investment analysts, delivered some useful extra information on last week’s results. Here are some highlights (in Darroch’s words): “What remains a challenging consumer environment in the UK, customers continue to choose Sky over other providers. Over the year we grew pay for subscription products by 3.3 […]

July 29, 2013By Chris Forrester

Record results for BSkyB

As if to give two fingers to arch-rival BT, BSkyB detailed a very long list of record financial and operational achievements in its 12-months (to June 30th) statement early on Friday morning (July 26th). It also introduced a new number, one that echoed cable’s old Revenue Generating Units, but in Sky terms it translates to […]

July 26, 2013By Chris Forrester

SES: ‘Steady as she goes’

SES is still suffering the legacy hangover of last year’s German analogue business (which switched off in April) and which makes this current year’s revenues difficult to compare. Strip out last year’s analogue income and SES can justifiably claim revenue growth of an appealing 7.2 per cent. Leave the old analogue in, and the revenue […]

July 26, 2013By Chris Forrester

Telefonica and ONO feel the squeeze

The new face and brand of Telefonica’s IPTV service, Movistar TV, has yet to bear fruit as the company continues to lose clients. Movistar TV lost 27,000 subscribers (to June end) with its total pay-TV base declining by 20 per cent a year-on-year. Meanwhile, ONO lost €19.44 million in the first half of the year […]

July 26, 2013From David Del Valle in Madrid

Technicolor sees “strong progress”

Technicolor has published its Q2 and H1 2013 financial results. The company reported revenue growth was up by 3.1 per cent as compared to H1 2012. The Connected Home segment has reported a fifth consecutive quarter of double-digit year-on-year revenue growth, which is driven by on-going momentum in the emerging markets and additions to the […]

July 26, 2013

ZEE profits up 42%

Zee Entertainment Enterprises, the main holding company for the Essel Group’s media companies, has declared record profit growth up 42 per cent to Rs 2,224 million. “Our performance during the quarter reflects the investments that Zee is making to grow its business and market share. This has been accompanied by a strong improvement in the […]

July 26, 2013By Chris Forrester

BT Sport: Half a million households pre-launch

Ian Livingston, the outgoing Chief Executive of BT, has revealed that the telco’s forthcoming BT Sport service has already attracted over 500,000 customers prior to its August 1st launch. Commenting on BT’s Q1 results, Livingston said: “It is early days but we are very pleased with the strong start in BT Sport. More than half […]

July 25, 2013By Colin Mann

SiriusXM sees more impressive numbers

John Malone-controlled pay-radio broadcaster SiriusXM reported 715,000 net new subs in Q2, with revenues for the quarter at $940 million (up 12 per cent on 2012) and saw the operator crash through the 25 million subscriber number (up 9 per cent) and the best quarterly gain since Q4/2007. Just about every metric was beaten, including […]

July 25, 2013By Chris Forrester

Conax reports “strong” Q2

Conax, a global provider of solutions for securing multi-device and digital video content distribution and part of the Telenor Group, has published its Q2 results. Conax saw revenue growth of 14 per cent from the same quarter last year, driven by increased smartcard sales. Overall margin decreased due to lower prices in emerging markets, resulting […]

July 25, 2013