The Business of Multiscreen Television
The Israeli satellite platform YES has posted revenues of NIS381 million (€72.45m) in the first quarter. However, the heavy cost of financing the company meant that despite the 8% increase on 2007, the company remains in the red.
As of March 31, 2008 YES recorded 549,000 – almost unchanged in a year ago – net profits rising to NIS66m from NIS34 in the previous quarter.
Operating profit increased slightly to NIS 27m for the first quarter with EBITDA coming in at NIS92m.
About Julian CloverYou can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com. Julian has been following the media world for over 20 years with a focus on the UK and Nordic markets, HD, 3D and connected TV technologies.
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Connected TV Forecasts NEW REPORT. The number of TV sets connected to the Internet will reach 551 million by 2016 for the 40 countries covered in this report from Digital TV Research, up from 124 million at end-2010. The report states that this translates to 20% of global TV sets by 2016, up from only 6% at end-2010. Published in November 2011, this 83-page PDF report is the most geographically comprehensive to ever be published. Read more about the report