Kudelski Group saw a year-on-year constant currency decline of 12% in its digital TV revenues in the first half of 2019.
The Kudelski Group has said that its total revenues and other operating$ income decreased from $1,012.1 million to $919.7 million, mainly driven by the Digital TV segment, which posted a 72.1 million net revenue decline.
Kudelski has reported a first half loss of $36.5 million (€32,701,000), including $28 million of restructuring costs, after a decline in its digital TV business.
The Kudelski Group has reached an agreement whereby SmarDTV’s Conditional Access Module and Set-Top Box businesses are transferred to SmarDTV Global, a newly set up entity affiliated with Neotion.
The Kudelski Group has provided a business update summarising key developments in the first half of 2018.
Kudelski’s Nagra and Canal+ Group have renewed and expanded their content protection partnership.
Profits at Kudelski fell in the first half of 2017 as operator subscriber losses erroded revenues in its traditional digital TV business.
Piracy tools such as Popcorn Time and Kodi are, by nature, not regulated and and have no limits, but we can learn from the fact that they are providing all content from one single place.
The Kudelski Group said that its OpenTV and Nagravision subsidiaries have filed a patent infringement suit against Shaw Communications in the Federal Court of Canada.
The Kudelski Group and Twitter have agreed to broaden their relationship and pursue collaborative opportunities in areas of joint interest.