A month ago, satellite giant Intelsat disappointed Wall Street by setting its Initial Public Offering at just $18 a share, well below the anticipated level of $21-$25. At the end of the day, Intelsat banked $348 million, and did its best to take a pragmatic outlook on what had not been the easiest of times […]
Following on from the ZEEL improved profits picture on May 23rd comes Subash Chandra’s other major investment, Dish TV, which also announced its results. The numbers show that Dish has halved its losses, and added a net 200,000 subs this past quarter taking the total DTH subscribers to 10.7 million. Dish dominates India’s DTH market […]
Mumbai-based Zee Entertainment Enterprise Ltd (ZEEL) reported spectacular revenue growth, and profits, for its FY 2013 results. Net profits grew 21.6 per cent, helped by a claimed 670 million viewers globally to ZEEL’s output spread over 32 channels some of which are available in 169 countries. ZEEL chairman Subhash Chandra said that FY 2012 was […]
Last week SES revealed its latest set of trading numbers and while the company stressed to the market that its underlying trade was doing well, and was expected to grow by 4.5 per cent during the rest of this year, two sets of comments were taken by the market as being of key importance. Item […]
TiVo posted a narrower first-quarter loss after adding 277,000 pay-TV users – the most pay-TV subscribers gained in a quarter in seven years. The net loss of $10.3 million compared with a loss of $20.8 million year earlier. The company is currently holding “constructive” talks with Liberty Global which is buying Virgin Media, a TiVo […]
SES, one of the world’s largest commercial satellite operators, suffered a decline in earnings in the first quarter after last year’s switch-off of analogue transmissions to Germany. However the company retained its full-year outlook SES, which sells transmission capacity to the likes of BSkyB and India’s Dish TV, said core profit (EBITDA) dropped 4.8 per […]
RTL Group, Europe’s largest commercial broadcaster, continues to see healthy profits despite the plummeting Euro ad market. The group, which is controlled by Germany’s Bertelsmann, posted operating profits (EBITA) of €207 million for the first quarter of this year, an 8.4 per cent increase over Q1 2012 and the company’s best-ever Q1 result. Revenue over […]
ITV has warned it expects a significant year-on-year fall in advertising revenue in the three months to the end of June, due to tough comparisons with the same period last year, which included the Euro 2012 football tournament. Previously strong revenue growth at ITV Studios has also faltered, with a 5 per cent fall in […]
Channel 4 says it boosted its investment in original UK content by £15 million (€17.6m) last year but the broadcaster posted an operating loss of £29 million. C4 had previously revealed it was planning to make the loss based on a record investment in UK content of £434 million, part of a 3 per cent […]
HD+, the encrypted high-definition service for Germany, is making progress. SES’s latest numbers to March 31st, say that it now has 1.1 million subscribers, up 158, 768 since December 31st (when the total stood at 944,933). Expressed as a percentage this represents growth of 17 per cent during the quarter-year. The growth means that the […]