Proximus TV subscriptions up 7.3%

Belgian operator Proximus said that it increased TV subscriptions by 7.3% in the second quarter to a total of 1.82 million. Announcing its Q2 results, the company said it now accounts for 35.6% of Belgium’s digital TV market and 46.3% of its fixed internet. Overall Proximus grew its domestic customer base for fixed internet, TV […]

Arris sees strong quarter

Cable and TV technology giant Arris posted revenues of US$1.73 billion for the second quarter, up 37% year-on-year. Revenues and income exceeded expectations, leading CEO Bob Stanzione to describe the quarter as the company’s best ever. Net income for the quarter was US$84.2 million, up from US$16.8 million last year. Stanzione said that he now […]

Intelsat looks to new growth as headwinds hit revenues

Multiple headwinds including price competition reflecting over-supply of wide-beam capacity, compounded with currency challenges contributed to a 9% drop in second quarter revenue for Intelsat to US$542 million, and a decline in EBITDA of 13% to US$411 million. Intelsat said that downward trend would continue ahead of the entry into service of four new satellites […]

Netflix misses Q2 customer targets as growth slows

Netflix’s growth rate slowed in the second quarter, with the company missing its sign-up target as more customers than expected cancelled their subscriptions. Announcing its Q2 results, Netflix said that it added 1.7 million new members in the quarter – below its forecast of 2.5 million new members and down from 3.3 million in Q2 […]

Netflix hit by weak Q2 subscriber forecasts

Netflix reported a record number of new subscribers in Q1, but its share price dropped more than 7% in after-hours trading after it issued a weak forecast for the current quarter. Netflix said it expects to add 2.5 million members in the second quarter of 2016 – 2.0 million internationally and 500,000 in the US. […]

Champions League helps BT post record TV sign-ups

BT added 106,000 TV customers in its fiscal second quarter, its best ever performance, helped by its new coverage of European football. Announcing results for the quarter ending September 30, BT said it had seen strong demand for BT Sport Europe – its home to UEFA Champions League football. This new channel was one of […]

TiVo reports accelerating MSO growth

TiVo reported posted accelerating year-over-year service revenue growth from multi-system operators (MSOs), with subscriptions from these pay TV operators up 32% year-on-year. Reporting its second quarter results, TiVo said that MSO subscriptions now stand at more than 5 million, with total the TiVo subscription figure now over 6 million. MSO revenues also climbed 48% year-on-year […]

New gateway launch for SeaChange

SeaChange claimed three consecutive quarters of new market launches after deploying its Nucleus video gateway software to subscribers in a third European country in Q2. Announcing its second quarter results, SeaChange said that it was also awarded new contracts by one of its largest Nucleus customers, further expanding its gateway footprint to new markets. SeaChange […]

Cord-cutting fears ‘validated’ by Q2 US pay TV figures

Pay TV companies in the United States posted their worst ever quarterly video subscriber losses in the second quarter, “validating industry cord-cutting fears,” according to IHS. The research firm claims that the pay TV companies shed a total of 658,450 subscribers in Q2, marking the first time that non-cable operators have lost video subscribers since […]

Discovery International hit by currency effects in Q2

Discovery Communications has posted 3% revenue growth for the second quarter, with strong US growth offsetting the negative impact of exchange rate fluctuations on its international business. Overall, Discovery posted revenues of US$1.654 billion for the quarter, up 3% or 11% excluding currency effects. The US business posted revenues of US$814 billion, up 5%. International […]