Netflix reports profit in India
Most ‘broadcasters’ accept a three-to-four or more year wait for profits to start flowing after a launch into a new market. Not so at Netflix, which has achieved profitability in…
Intelsat Q3: “Stable and making progress”
Intelsat’s CEO Stephen Spengler, in announcing its Q3 results, said that since July 1st it had restructured $4.2 billions-worth of capital restructuring, and in the process improving its overall borrowings.…
Mexico’s Televisa suffers
Grupo Televisa’s Q3 results have not been helped by the depreciation of the country’s Peso currency against the Dollar. Net profit at Mexico’s largest broadcaster declined 3.6 per cent as…
MásMóvil ups FY guidance
MásMóvil has published its results for the first nine months of the year in which the company increased profitability and continued leading the growth of the telco market in Spain.…
Comcast results show need for Sky deal
Comcast announced its results to September 30th and they showed why it saw it as vital to secure its $40 billion Sky deal. The world’s biggest cableco lost another 106,000…
SES: ‘Trading is challenging’
SES saw its Video division revenues continue to be under pressure and fell back to -2.8 per cent, although its Networks segment grew impressively by 13.6 per cent in the…
Atresmedia’s profit down 17%
A one per cent drop in revenue to €747.6 million resulting from the advertising crisis has meant Atresmedia, one of the largest TV operators in the country, has seen its…
LG Q3 boosted by OLED & UHD TV sales
LG Electronics has reported consolidated sales of KRW 15.43 trillion (€12.06 billion) and operating profit of KRW 748.8 billion for the third quarter of 2018. Revenues were the highest among the…
SiriusXM reports record revenues
North American pay radio operator SiriusXM is on a roll. It added 298,000 net new subscribers during Q3, and reported a record $1.5 billion in revenues (up 6 per cent),…
AT&T boosted by Warner
AT&T reported double-digit increase in Q3 revenues and profit, boosted by the first full quarter incorporating Time Warner. The acquisition helped offset continued losses in pay-TV subscribers and lower service…