Vimeo ups subscriber numbers by 9% in Q4

Vimeo grew its subscriber numbers 9% year-on-year in the fourth quarter to reach 952,000, according to figures broken out by parent company IAC. The video company’s Q4 2018 revenue increased 28% to US$44.2 million, driven by the increase in subscribers and a 22% increase in average revenue per subscriber. However, Vimeo’s operating loss grew 25% […]

WWE Network reaches 1.6m paying subscribers

Wrestling streaming service WWE Network increased its paying subscribers number 7% year-on-year in Q4 2018 to 1.59 million – a figure it expects to stay flat in the current quarter. Announcing its fourth quarter and full year 2018 results, WWE said that it added more than 100 hours of original content to WWE Network’s featured […]

TiVo plans ‘entertainment discovery platform’ as it nears end of strategic review

TiVo said it expects to complete its strategic review by its fourth quarter and year-end 2018 earnings call and set out plans for a new entertainment discovery platform. Speaking on the company’s Q3 earnings call, interim president and CEO Raghu Rau said that while its strategic review is still in process, this is already informing […]

Intelsat reports Q4 loss of US$90m

Intelsat reported revenue of US$538.1 million, adjusted EBITDA of US$416 million and a net loss of US$90.0 million in its fourth quarter.   Announcing the results, Intelsat CEO Stephen Spengler said that the revenue and adjusted EBITDA figures were in line with the company’s 2017 annual guidance. “In delivering on our expectation for Adjusted EBITDA for the year, […]

Roku reports strong 2017 results, shares drop on Q1 outlook

Roku recorded a strong year of growth in 2017, but its shareprice dropped in after hours trading following a weaker than expected revenue outlook for the current quarter. Announcing its full year and fourth quarter 2017 results, Roku said that Q4 net revenue grew 28% year-on-year to US$188.3 million, driven by platform growth of 129% […]

Netflix reports strongest ever quarter for sign-ups

Netflix added 24 million new users in 2017 and reported its highest ever quarter for new sign ups in Q4, capping a strong year of growth for the web streaming giant. Announcing its fourth quarter results, Netflix said that it topped its forecast to make US$245 million in operating income while global streaming revenue grew […]

Viacom makes gains, despite increased programme costs

Viacom reported a year-on-year increase in revenue and earnings for its fiscal fourth quarter, but the company’s media networks division was impacted by increased programming expenses. Viacom said that revenues at media networks – the unit that includes brands like MTV, Nickelodeon and Comedy Central – were up 3% overall to US$2.55 billion, driven by […]

Apple: AR will ‘change the way we use tech forever’

Apple CEO Tim Cook has highlighted the importance of augmented reality, claiming it will “change the way we use technology forever.” Speaking on the company’s fourth quarter earnings call, Cook said that there are already more than 1,000 apps with “powerful AR features” in the App Store today across a range of categories. “We’re already […]

Proximus grows TV base by 5% in 2016

Proximus grew its TV base by 5.3% last year, after adding 17,000 unique TV customers in the fourth quarter. The Belgian operator said that by year-end, it had 1.49 million unique TV customers, up by 75,000 subscriptions over the full year across its Proximus and Scarlett brands. Proximus said that recurring average revenue per user […]

HBO Now passes two million US subscribers

HBO has passed more than two million domestic subscribers for its over-the-top service HBO Now, parent company Time Warner revealed. Time Warner CEO Jeff Bewkes announced the figure during the company’s fourth quarter earnings call, saying he was pleased with HBO’s US over-the-top growth. “HBO is just as focused on reaching consumers abroad, with over-the-top […]