France-based set-top and home gateway company Netgem saw profits halve last year as it felt the impact of a shortage of hard disk drives as a result of last year’s flooding in Thailand.
The company posted net profit of €10.7 million, down from €23.4 million in 2010. Revenue was down 37% at €84.7 million.
Netgem said the availability and pricing of hard disk drives are coming back to normal and it expects its first quarter revenue for 2012 to amount to €18 million.
Starz channels launch on YouTube TV in the US https://t.co/tau2uU4wvz
20 June 2018 @ 16:33:55 UTC
Sony Pictures Television Networks (SPTN) is expanding into OTT in Western Europe https://t.co/1efirQxoZT
20 June 2018 @ 16:32:59 UTC
The UK government has accepted deal terms between 21st Century Fox and Sky https://t.co/jPJ5NRzb2K
20 June 2018 @ 16:32:39 UTC
Viacom secures mobile distribution deal for Paramount+ with Telenor. https://t.co/jiKCXOBSuq
19 June 2018 @ 13:31:53 UTC