The Czech national commercial station TV Nova continues to be a cash cow for its owners CME. Q1 2007 results issued by the US investment company show that its net revenues in the quarter amounted to $51,510,000 (€37,904,264), 27% more than in the corresponding period last year and almost of third of CME’s total in […]
Sky highs surprise City
BSkyB has surprised the City by reporting new customer additions of 340,000, but a rise in churn to 13.7% from 11.9% just three months ago meant that net customer growth was restricted to 51,000 – still an increase of 28% year-on-year to 8.492 million. Earlier this week, Lehman Brothers which had earlier estimated a loss […]
Strong Q1 gives SES life after GE
SES has grown revenues by 21% in a strong first quarter performance. The Luxembourg-based satellite operator reported revenues of €399.5 million, but net profit fell to €97.7 million from €118.3 milion in 2006, as a result of the February 2006 sale of SES Ré S.A and Q1 2007 charges related to the failure of the […]
Spacecom secures Amos-3 funding
Spacecom has completed the final funding round for the Amos-3 satellite, scheduled to launch in the fourth quarter of 2007. The US$33 million funding round was completed with the support of institutional investors on the Tel Aviv Stock Exchange. The funding will enable Spacecom to complete the launch program and pay its main contractor on […]
Digital growth at Channel 4
Channel 4’s decision to take its digital channels free-to-air has been rewarded with a 46% increase in sales revenues. The launch of More 4 in October 2005 and the subsequent inclusion of E4 and Film4 on Freeview, in May 2005 and July 2006 helped sales revenues for the digital channels rise to £128 million (€186m) […]
NDS looks to mobile devices
Speaking after the release of favourable results for yet another quarter, NDS chairman and chief executive Dr Abe Peled has emphasised the growing importance of PCs, portable media players and other portable devices to its product portfolio. He has also highlighted an emphasis on emerging markets. “NDS is focused on three distinct markets: our current […]
BSkyB faces 14% churn
City analysts are estimating that BSkyB could be about to announce the loss of 14% of its subscriber base. It is believed that the third quarter results due to be announced on Wednesday could see levels of churn at their highest point for more than ten years. Brokers Citigroup are forecasting churn in the three […]
CTC Media revenues rise
Russia’s CTC Media has posted total operating revenues of $104,121,000 (€76,293,094) for Q1 2007, or 31.4% more than in the corresponding period in 2006. At the same time, its net income was up by 24.1% to $28,123,000. CTC Media, which lists Sweden’s Modern Times Group (MTG) as a 40% shareholder, saw the audience share for […]
Primacom reports analogue losses
Last Friday German cable operator Primacom reported a lower turnover because of the loss of analogue subscribers, which has not been compensated by income from other services. Compared with last spring turnover decreased 1.6% to €116.4 million. Total losses for the 12 month period have now reached €15.1 million. The number of analogue subscribers went […]
Autonomy to float Blinkx video website
Autonomy Corporation of Cambridge is to float its consumer division on the London Stock Exchange’s AIM market. At the same time the compny will excercise its option to buy the privately owned video search website Blinkx and merge this with the new company to be called Blinkx. The consumer unit, to be listed as Blinkx […]