Q1 2018

Discovery’s Zaslav hints at possible global OTT ambition

Discovery CEO David Zaslav has dropped a hint that the factual giant could look to develop a wider global OTT play either on a standalone basis or with partners. Speaking to analysts after the company posted its Q1 results, Zaslav said that the US market in particular is underserved with offerings catering to non-sports viewers […]

Deutsche Telekom adds to TV base

Deutsche Telekom added 54,000 TV customers in Germany and 27,000 in the rest of Europe in the quarter to March. The company had 3.193 million IPTV and satellite customers in Germany at the end of March and 4.271 million IPTV, satellite and cable customers elsewhere in Europe. In Greece, the operator’s local subsidiary OTE had […]

SES posts better-than-expected results

Satellite operator SES has posted better than expected Q1 results, with revenues dropping 4.9% year-on-year to €477.6 million but underlying revenues stable at €474.5 million. The company posted a net profit of €98.2 million, down from €128.4 million. Video revenue fell by 3.6% to €321.5 million at constant currency. Excluding an accounting charge, revenue was […]

MTG reports strong Q1 results ahead of business split

Modern Times Group (MTG) reported strong first quarter results with 9% organic growth and profits up 73% as it prepares to split the business into two by spinning off Nordic Entertainment Group. For the January-March period MTG reported record Q1 sales of SEK 4,674 million (€450 million) compared to SEK 3,704 million a year earlier, […]

Netflix reports another stellar quarter of subscriber and revenue growth

Netflix added a record number of first quarter subscribers and grew its streaming revenues by 43% year-on-year in what was another sterling three-month period for the online video giant. Netflix said it added 7.41 million members in the first quarter – 1.96 million in the US and 5.46 million internationally. This was up 50% compared […]

Com Hem looks to OTT SVOD as ‘next step’ in convergence strategy

Swedish cable operator sees OTT TV as a “natural next step” to extend its reach following the launch of a box-less subscription video-on-demand offering in April. Com Hem, which saw its TV base fall in the first quarter, highlighted both its launch of its advanced TV box and a new OTT SVOD service as evidence […]