Americas Markets - Latest Developments
Global provider of high-resolution earth imagery solutions, DigitalGlobe, Inc., reported third quarter 2013 revenue of US$ 164.8 million, a 54 percent increase compared with the same period last year. Despite the big rise in revenue, the company reported a net loss of $1.8 million and a net loss available to common shareholders of US$ 2.8 million.
Iridium Communications Inc. reported net income of US$ 16.6 million and third-quarter total revenue of $100.6 million, beating analysts’ expectations after the company’s commercial service revenue grew 9 percent.
Telesat Holdings Inc. announced its financial results for the three and nine month periods ended
September 30, 2013. For the quarter ended September 30, 2013, Telesat reported consolidated revenues of CDN$ 238 million, an increase of approximately 8% (CDN $18 million) compared to the same period in 2012. Revenue growth was principally the result of revenue earned on the Anik G1 satellite, which entered into commercial service in May 2013, and the provision of short-term satellite services to another
satellite service provider.
Video consumption across non-traditional devices such as tablets, smartphones, PCs and connected PCs evolved exponentially into a global phenomenon that is not restricted to a geographic area or a limited number of service providers. With cable TV service providers offering more applications and interactive content, the rising adoption of IP by broadcasters and video service providers, and the growing consolidation among operators, the global IP video network management market benefited greatly, forecasted to reach US$ 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).
C-COM Satellite Systems Inc., a leading global provider of mobile auto-deploying satellite antenna systems, today announced financial results for its third quarter ending August 31, 2013.The company reported a net profit of CDN $ 353,978 or 1.0 cent per share compared with results for the same period last year when there was a net profit of $65,625, or 0.2 cents per share. The working capital of the company increased by 27% to CDN $17,271,614 at August 31, 2013 compared to CDN $13,577,437 at August 31, 2012.
The biggest U.S. media companies have asked the U.S. Supreme Court to rule Aereo Inc., which provides broadcast signals to online viewers, as an illegal operation. Petitioners to the suit include — Walt Disney Co., 21st Century Fox Inc., Comcast Corp. (CMCSA)’s NBCUniversal, CBS Corp. (CBS), Univision Communications Inc., the Public Broadcasting Service and station WNET, and Tribune Co. owned New York station WPIX — filed the petition on Friday with the court after litigation in lower courts failed to stop Aereo.
ORBCOMM Inc., a provider of Machine-to-Machine (M2M) solutions, and Savi Technology, a provider of sensor-based analytics and radio-frequency identification (RFID) solutions, today announced a strategic relationship to provide advanced location-based monitoring solutions to government and commercial markets.
The number of TV sets connected to the Internet will reach 759 million by 2018 for 40 countries covered in the Connected TV Forecasts report, up from 115 million at end-2010 and the 307 million expected at end-2013. This translates to 26.8% of
global TV sets by 2018, up from only 5.1% at end-2010 and 12.4% by end-2013.
Connected TV is becoming more international. The US will still command a third of connected TV sets by end-2013, but this proportion will fall to 23.5% by 2018. China will climb from 6.6% of the 2013 total to 16.4% by 2018.
Canadian video production technology company, Ross Video, has acquired MCP – Mobile Content Providers, a premium full service mobile sports production packager based in South Florida, USA.
Ross said it plans to transform MCP into a national mobile production company to be called Ross MCP.
MCP has served many major Sports Networks, Universities and International organizations, and has successfully delivered premium content at affordable prices. In addition to providing crew and equipment, MCP also takes on producer responsibilities providing a full service solution.
