Atresmedia, owner of Antena 3 TV and La Sexta among others, hs reported a profit of €171.2 million in 2023, up 51.6 per cent.Revenues amounted to €971.4 million, up 2.2 per cent, out of which €902.8 million were from the TV division; TV ad revenues growing by 1.2 per cent to €783.8 million. EBITDA reached […]

Business aviation connectivity specialists Gogo reported their full-year and Q4 results, saying that for the final quarter their total revenue of $97.8 million (€90.1m) represented a fall of 10 per cent year on year. However, Q4’s service revenue of $80.9 million was up 5 per cent on the previous year. “The launches of Gogo Galileo […]

Canadian satellite and space tech company MDA says it is busy working on three satellite constellations for clients, and has active discussions with potential new customers for satellite-based broadband and IoT applications worth several billions of dollars. The company, famous for its Canadarm robotic device, reported a Q4 profit of C$13.5 million (€9.1m), up from […]

TKO Group has announced financial results for its year ended December 31st 2023. The reported results presented in this earnings release cover the period from January 1st 2023 through December 31st 2023 for Ultimate Fighting Championship (UFC) and the period from September 12th 2023 through December 31st 2023 for World Wrestling Entertainment (WWE). “TKO is […]

Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has reported its unaudited results for the fourth quarter and full year ended December 31st 2023. The compnay saw revenue of $75.6 million (€69.6m), up 4 per cent from Q4 2022. Further Q4 2023 Financial Highlights GAAP operating income of $2.9 million, compared […]

Warner Bros Discovery (WBD) has reported financial results for the quarter and year ended December 31st 2023. Total Q4 revenues were $10.28 billion (€9.4bn). Revenues decreased 7 per cent ex-FX compared to the prior year quarter. Global DTC subscribers were 97.7 million at the end of Q4, which included 1.3 million subscribers from the acquisition […]

Satellite operator Ovzon AB turned in a disappointing set of numbers during its Q4 and full year trading results for the period to December 31st 2023. Sweden-based Ovzon reported 2023 full-year revenue of 290 million Swedish krona (€26.5m), down 18.8 per cent from 2022, with an increased operating loss of 95 million krona compared to […]

Viaplay, the troubled Sweden-based streaming company, posted a 3 per cent increase in Q4 organic sales despite a slight decline in the Nordic region, its key market. Following a mass restructuring, sales stood at SEK4.3 billion (€0.39bn) in the quarter, compared with SEK4.67 billion in the same quarter last year, and the operating loss was […]

Spanish telco Telefónica has reported a 2023 operating a loss of €892 million as a result of a write-off of its UK business (Virgin Media O2) and the cost of its layoff plan in Spain affecting some 3,400 employees.Telefónica suffered its first annual losses since 2002, although the future trend is pssitive. The company reported […]

Airbus last week announced its financials for 2023, but one major segment stood out which was a massive €600 million ‘write down’ in costs set against its development of its OneSat software defined satellite. The craft has suffered delays, cost increases and a consequential damaging reassessment of its market prospects. Airbus has reported that it […]