Amazon to maintain high investment in Originals

Amazon’s increased spend on original content will “continue in 2017 and likely beyond”, as it continues to build engagement through its video strategy. Speaking on the company’s fourth quarter earnings call, chief financial officer Brian Olsavsky said that last year Amazon Prime customers more than doubled their amount of hours they spent consuming video, music, […]

KPN TV additions slow down in fourth quarter

KPN added 18,000 IPTV customers in the quarter, along with 2,000 broadband customers and 19,000 post-paid mobile customers in the quarter. The IPTV additions represent a slowdown from the 22,000 added in the previous quarter and a sharp drop from the same period in 2015. The company now has a 30% market share in TV […]

SeaChange ‘terminates’ CEO after reporting US$22.1m Q4 loss

SeaChange has announced the “termination of the employment” of its CEO Jay Samit, at the same time as it reported a US$22.1 million (€19.4 million) operating loss for its fiscal fourth quarter.  The TV technology company made a simultaneous announcement accompanying its fiscal Q4 and full year 2016 results saying that chief operating officer Edward […]

New Apple TV has ‘huge first day’, says Tim Cook

Apple CEO Tim Cook said that its new, revamped Apple TV had a “huge first day” after it starting taking orders for the device at the start of the week. Speaking on Apple’s fiscal fourth quarter earnings call, Cook said that the company would bring its Apple Music service to the new Apple TV device […]

BT TV continues strong growth

BT’s TV business has continued to boost the company’s revenue and profit in its fourth financial quarter. BT added 52,000 TV customers in the fourth quarter, taking its total TV subscriber base to 1.14 million. BT Sport did contribute to a significant increase in capital expenditure of 47% in the quarter, reflecting both the continued […]

Envivio benefits from increased technology adoption

Envivio is “starting to see results” from the increased adoption of its video processing software solutions among its customer base, the firm said in its latest earnings announcement.  Detailing its results for the fourth quarter and fiscal year 2015 ending January 31, the multiscreen video specialist said that quarter-over-quarter revenues improved, despite being down on […]

Chromecast hits one billion milestone, YouTube viewing time up 50%

Users of Google’s Chromecast streaming device have now ‘cast’ content more than 1 billion times, while viewing time on YouTube is up 50% year-on-year, according to Google. Speaking on the firm’s fourth quarter results call, Omid Kordestani, Google’s chief business officer and special advisor to the CEO, said that Chromecast usage per device has increased […]

Du reports profit drop but ‘solid growth’

UAE-based service provider du reported a drop in Q4 profits, but said that its business had experienced a year of “solid growth,” in line with expectations. Du said fourth quarter net profit was AED570 million (€113 million), up sequentially but down 43% year-on-year, while revenues climbed 8.3% compared with Q4 2012 to AED 2.87 billion. […]

Scripps sees profits slip, makes Travel Channel write-down

Channel operator Scripps Networks Interactive saw profits drop year-on-year in Q4 after writing down the value of the company’s Travel Channel International business by US$24.7 million (€18 million).  Announcing results for the three and 12 months ending December 31, Scripps also said that in Q4 it wrote-down the value of RealGravity – an online video platform and […]