Americas Markets - Latest Developments
The National Association of Broadcasters (NAB) will produce four sessions at the SET Expo in São Paulo, Brazil, August 24-25. The sessions will address topics ranging from sports production, 4K video, media management in the cloud, and producing content for multiple devices.
NAB's participation in SET is part of the NAB Show Collaborative, an initiative to support the advancement of the global broadcast, media and entertainment communities.
DISH Network Corp. today reported revenue totaling US$ 3.69 billion for the quarter ending June 30, 2014, compared to US$ 3.49 billion for the corresponding period in 2013. Subscriber-related revenue increased 5.6 percent to US$ 3.65 billion from US$ 3.45 billion in the year-ago period.
Net income attributable to DISH Network totaled US$ 213 million for the second quarter 2014, compared to a loss of US$ 11 million from the year-ago quarter.
Intelsat S.A. today reported total revenue of US$ 615.7 million and net income attributable to Intelsat S.A. of US$ 66.8 million, or $0.53 per common share on a diluted basis, for the three months ended June 30, 2014. The company reported adjusted net income per diluted common share1 of $0.76 for the quarter.
Intelsat S.A. reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 485.5 million, or 79 percent of revenue, and Adjusted EBITDA of US$ 490.4 million, or 80 percent of revenue, for the three months ended June 30, 2014.
ITU today announced a call for innovations, a global hunt for the innovators, makers or entrepreneurs who are using technologies such as 3D printing or advanced robotics, or working within fields such as bio-mimicry, which uses technological innovations to imitate nature in order to solve problems – those who can make a real difference in a rapidly evolving and changing world. The call was launched in conjunction with innovation partner Ars Electronica. Selected innovations will be showcased at the upcoming ITU Telecom World 2014 in Doha this December.
Asia’s pay-TV and broadband industries are at a critical stage of growth and evolution, according to leading research & consulting firm Media Partners Asia (MPA). Pay-TV industry sales, including subscription and advertising, grew at a robust 10% in 2013 to reach approx. US$ 49 billion.
DIRECTV today reported that second quarter 2014 revenues increased 5% to $8.11 billion, reported operating profit before depreciation and amortization(OPBDA) increased 3% to US$ 2.15 billion, reported operating profit increased 5% to US$ 1.42 billion and reported diluted earnings per share increased 35% to $1.59 compared to last year's second quarter.
Telesat Holdings Inc. today announced its financial results for the three and six month periods ended June 30, 2014. For the quarter ended June 30, 2014, Telesat reported consolidated revenue of CDN$ 226 million, an increase of 5% (CDN$10 million) compared to the same period in 2013.
Iridium Communications Inc. today reported financial results for the second quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was US$ 15.0 million, or $0.14 per diluted share, for the second quarter of 2014, as compared to US$ 15.4 million, or $0.18 per diluted share, for the second quarter of 2013. Operational EBITDA ("OEBITDA") for the second quarter was US$ 54.7 million, as compared to $51.1 million for the prior-year period, representing a year-over-year increase of 7 percent and an OEBITDA margin of 53 percent.
KVH Industries, Inc. today reported financial results for the second quarter ended June 30, 2014. The company reported second quarter revenue of US$ 40.9 million, net income on a generally accepted accounting principles (GAAP) basis of US$ 0.1 million or $0.00 per diluted share, and non-GAAP net income of US$ 0.8 million or US$ 0.05 per diluted share.
KVH Industries, Inc. today reported financial results for the second quarter ended June 30, 2014. The company reported second quarter revenue of US$ 40.9 million, net income on a generally accepted accounting principles (GAAP) basis of US$ 0.1 million or $0.00 per diluted share, and non-GAAP net income of US$ 0.8 million or US$ 0.05 per diluted share.
