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EchoStar profits fall as subs pick up

EchoStar and its spin-off Dish Network declared their half-yearly results with profits down but subscription numbers up. EchoStar Corp, which operates the satellites more than doubled its profits in Q2 earning $101.8m (against $47.8m the same period last year). But the company's revenues fell 21% to $383m from $483.3m. The company blamed lower set-top box […]

August 12, 2009

Belgacom IPTV up 50%+

Belgacom's IPTV business has posted year on year revenue growth of 53.3% in the first six months of 2009. 82,000 customer adds took subscriber numbers to 589,000, delivering revenues of E59 million. "Belgacom TV has become the success story of the audio-visual sector, in scarcely four years. This performance is recognized internationally. Belgacom's digital TV […]

August 3, 2009

Disney profits dive

The tough consumer environment took its toll on Walt Disney's Q3 earnings, with profits down 25 per cent on falling television advertising income and declining home entertainment sales. Bob Iger, chief executive, acknowledged the difficult economic conditions but said the company, which owns the ABC television network and ESPN cable channel, had detected signs of […]

August 3, 2009

SES profit up

European satellite giant SES has reported a 10 per cent rise in first-half core profit (EBITDA) to E607 million. The company repeated it saw revenue growth of 3-4 per cent on a like-for-like basis and an EBITDA margin for its infrastructure business of above 82 per cent.

August 3, 2009

KPN profits and subs up

Dutch telco KPN hay reported a 4.8 per cent rise in second quarter net profit as cost cutting offset a revenue decline, but it lowered its revenue guidance for the full year and for 2010 as the economic downturn hits demand from businesses. KPN now expects both 2009 and 2010 revenue to be in a […]

July 29, 2009

Strong 09 for Sky

BSkyB has added a better-than-forecast 124,000 subscribers in the past three months, hitting a total of 9.4 million, boosted by price cuts and promotion for its high-definition TV service, with new customers joining at the fastest rate for five years. Announcing a four per cent rise in annual profits for the 12 months to the […]

July 29, 2009

Sky hit 9.4 m subs

BSkyB is expected to announce 100,000 net additional subscriptions in its financial reporting today. This will bring the company's subscriber base to roughly 9.4 million, on target to hit the 10 million mark by Q3 2010. Despite a troubled economy, Sky has managed to hold on to—and indeed, grow—its subscriber base over the past year. […]

July 24, 2009

KDG subs up

Kabel Deutschland reports growth in subs to digital TV, telephony and fast internet. In the three months to March 31, 2009 Germany's largest operator revealed the RGUs for internet and phone services had increased by 87.9% year-on-year to 1.42 million. The internet business contributed 707,500 and telephony 710,300. Some 70% of new customers are attracted […]

July 24, 2009

MTG up 8% on year

With its half year results Modern Times Group says net sales up 8% year on year to SEK 6,920. It had operating income of SEK 822 million when excluding income from the discontinued DTV Group in 2008 Hans-Holger Albrecht, President and Chief Executive Officer, commented: "Market conditions remained tough in the second quarter with advertising […]

July 22, 2009

Google CFO: YouTube profits soon

Google Chief Financial Officer Patrick Pichette has said that its YouTube video site should be profitable in the not-too-distant future. “We’re really pleased both in terms of its revenue growth, which is really material to YouTube and, in the not long, too long distance future, we actually see a very profitable and good business for […]

July 18, 2009