Advanced Television

Results

Virgin Media O2 “showing solid foundations” in Q1

Virgin Media O2 has published its Q1 results revealing adjusted revenue of £2.5 billion (€2.9bn) was broadly flat YoY, an improvement compared to the YoY revenue declines in Q1 2021 and Q4 2021. This performance was supported by increased growth in Mobile revenue which was up 0.9 per cent to £1.3 billion, including a 4.9 […]

May 11, 2022

Dish Network: 52 week low

Charlie Ergen’s Dish Network pay-TV platform suffered a major stock-market hit on May 6th and damaged by news of a thumping 462,000 net subscriber loss during its Q1 trading. Dish’s share price fell 19.4 per cent by the close of trading, and a 52-week ‘low’ and with shares actually trading at $19.57 (compared with $47.05 […]

May 9, 2022By Chris Forrester

Dolby revenues up; reduces guidance

Dolby Labs surprised analysts with outperforming consensus expectations. The company posted Q1 revenues of $334.37 million (€317.9m) in the period to March 31st 2022 (up from $319.6 million in the same period last year). Kevin Yeaman, CEO, told analysts that the industry Dolby served was still in uncertain times and consequently was reducing its outlook […]

May 9, 2022By Chris Forrester

Gogo revenues rise 26%

A rise in airline in-flight connectivity services this year and when compared to Covid-hit 2021 is not wholly surprising. In-Flight Connection specialist Gogo reported a 26 per cent rise in its quarterly revenues of $92.8 million (€88.2m) “fuelled by strong growth in both service and equipment revenue”. Gogo’s numbers were all positive, and one key […]

May 9, 2022By Chris Forrester

fuboTV: Subs up 81%, revenue up 98%

fuboTV, the sports-first live TV streaming platform, has announced its financial results for Q1 2022. fuboTV’s North American (US and Canada) streaming business delivered a record $236.7 million (€224m) in total revenue in the first quarter, an increase of 98 per cent year-over-year. The company also delivered solid year-over-year growth in advertising revenue (up 81 […]

May 6, 2022

RTL Group Q1 revenue up 11.3%

RTL Group has reported that total revenue was up 11.3 per cent to €1.56 billion, mainly thanks to scope effects at RTL Deutschland (from the acquisitions of Gruner + Jahr and Super RTL) and Fremantle as well as positive foreign exchange rate effects. Group revenue was up 4.4 per cent organically, mainly driven by TV […]

May 6, 2022

WWE reports record Q1

WWE has published its financial results for its first quarter ended March 31st 2022. Revenue for the entertainment giant increased 27 per cent to $333.4 million (€315.4m), primarily due to the timing of a large-scale international event as well as higher ticket sales due to the return of ticketed audiences at live events. These increases […]

May 6, 2022By Nik Roseveare

EchoStar reports “solid Q1 performance”

EchoStar is offering improved Pan-European access to its S-band capability over Europe. The service uses capacity from EchoStar XXI as well as its Solaris Mobile bandwidth (on Eutelsat W2A which it owns). The news emerged ahead of its Q1 results, which saw the satellite operator report revenues of $501.5 million, and net income of $91.4 […]

May 6, 2022By Chris Forrester

Technicolor Q1 “in line with expectations”

Technicolor, the Media and entertainment technologist, has published its results for the first quarter 2022. Revenues were at €756 million, approximately flat at constant exchange rates and up 6.6 per cent at current exchange rates. The company reported adjusted EBITDA of €55 million, up €16 million (+€11 million at constant exchange rate), with margin improving […]

May 6, 2022

Netflix sued for ‘misleading market’

Netflix has received a shareholder lawsuit in the US accusing it of misleading the market about its ability to keep adding subscribers in recent months. Filed in San Francisco by a Texas investor, the suit seeks damages for declines in Netflix shares this year after the company missed its subscriber growth estimates. The filing alleges […]

May 5, 2022