Global Markets - Latest Developments
Fuelled by an increase in data and value-added services, Eutelsat Communications reported on Tuesday revenues of €323.5 (US$444.74 million) for the first quarter ended Sept. 30 2013, up 2.9% from first quarter 2012.
The company also reported a backlog of €5.4 billion (US$7.42 billion), up 3.9 % year-on-year, assuring Eutelsat of reaching its current year and three year targets.
Michel de Rosen, Eutelsat Chairman and CEO, said Eutelsat delivered first quarter 2013-2014 revenues in line with objectives.
In an effort to balance its books after its spending spree on European cable assets, Liberty Global plc announced today the sale of all its international content division Chellomedia to AMC Networks Inc. for US$1.035 billion.
The future of the TV industry took centre stage at the third and final day of CASBAA 2013. IT luminaries joined industry leaders to examine the merits and challenges of new technology innovation, while discussing the industry’s future roadmap.
BroadcastAisa2014, Asia’s most acclaimed exhibition and knowledge platform for the international broadcasting, film and digital multimedia industry, will return to Marina Bay Sands Singapore from 17 to 20 June 2014. Showcasing the newest innovations and cutting edge technologies, this business event is recognised by industry professionals as the most relevant arena for business networking opportunities. Gather topical knowledge and insights, and get to exchange ideas with leading industry players and thought leaders at the conferences.
Video consumption across non-traditional devices such as tablets, smartphones, PCs and connected PCs evolved exponentially into a global phenomenon that is not restricted to a geographic area or a limited number of service providers. With cable TV service providers offering more applications and interactive content, the rising adoption of IP by broadcasters and video service providers, and the growing consolidation among operators, the global IP video network management market benefited greatly, forecasted to reach US$ 442.4 million in 2017, from US$ 217.8 million in 2012.
Viacom (US$749 million) will reap the highest revenues of any international channel group in Europe in 2013, according to a new report from Digital TV Research. Covering 225 international channels/networks from 11 groups, the TV Channel Revenues in Europe report estimates that Viacom will be followed by Eurosport (US$ 651 million) and Discovery (US $620 million).
Broadband in Europe is doing well. 5 of the top 10 ‘fastest’ markets worldwide are European, coverage is on a planned path (unlike many countries around the world) and many of the suppliers are showing useful financial stability and promise as revenues are increasing at least overall, according to new analysis from Poin Topic.
Set-top boxes developer Pace plc is acquiring optical transport and access network solutions provider Aurora Networks for US$ 310 million in cash.
For the year ended 31 March 2013, Aurora generated revenues of US$ 217 million and EBITDA of US$ 30 million. With the purchase, Pace is hopeful it will be able to improve its chances of reaching profitability target of 9 percent return on sales in 2015.
Informa Telecoms & Media partnered with Comsys this year to produce the 15th annual VSAT 2013 conference, in a new venue—Amsterdam, the Netherlands. The conference was held the day after the IBC 2013 convention and there has been some spillover attendance from IBC, which resulted in slightly higher attendance numbers this year.
BSkyB showed strength across all its products during the first quarter of fiscal 2013 with plenty of highlights. During the first three months ended 30 September 2013, BSkyB snatched 800,000 new paid-for subscription products for a 50% year on year growth. Sky Broadband surpassed 5 million customers with 111,000 net new broadband customers added in the quarter, up 9% year on year, while triple play penetration rose to 36%, up 3 percentage points.
