Asia-Pacific Markets - Latest Developments
HISPASAT, the Spanish satellite operator, reported 201.4 million euros in revenues in 2013, a increase of 0.57% from 2012. Excluding the adverse exchange rate effect, this increase would have been 4.35%, mainly due to the increased sales results from markets outside of Spain.
The Latin American market accounted for 55.6% of revenues per space capacity (+2.4% from 2012), while Europe and North Africa represented 44.4% (-2.2% from 2012). In 2008, before the economic crisis, these percentages were 31.5% and 68.5%, respectively.
CASBAA successfully held its latest TV Upfronts event on Friday, February 21 in Jakarta, Indonesia. Promoting multichannel TV as the ideal platform for marketers to reach their target demographics, the TV Upfronts have taken place in several Asia Pacific markets including Singapore, Kuala Lumpur, Manila, Hong Kong and Bangkok reaching numerous representatives from advertising agencies, clients, broadcasters and media.
UK-based Set-top box manufacturer Pace reported a 2.7% increase in revenues to US$ 2,469.2 m from 2012: US $2,403.4m in 2012. Adjusted EBITA was up 22.5% to US$ 193.6 m from US$ 158.1m in 2012.
Pace said it expected revenue of about US$ 2.70 billion this year, with an operating margin of around 8.5 per cent.
Pace CEO Mike Pulli said the firm had a “sustainable high level of cash generation,” made good strategic progress and said there is “significant opportunity for further improvement.”
CASBAA’s first ever event focusing solely on the fast evolving over-the-top (OTT) services is to take place on March 25, 2014 at the Grand Hyatt, Singapore. The CASBAA OTT Summit 2014: On Top of OTT will bring together some of the region’s leading experts from across the broadcasting industry to share their experiences and insights into the exciting evolving world of OTT content delivery, technology, and revenue streams.
In 2013 ABI Research estimates one out of every ten pay TV households had access to applications on the set-top box – applications include news and information services, service provider specific apps, OTT video, games, and music services. By 2019 nearly 40% of pay TV households should have access to similar services and features. Video will remain the focus for entertainment applications - consumers’ penchant for OTT video underscores the importance of video and how operator application libraries will evolve.
SES reported 2013 revenues of EUR 1.862 billion (approximately US$ 2.59 billion), an increase of 3.4% at constant foreign exchange rates (FX) over the prior year period; 5.9% when excluding the EUR 42.6 million of analogue revenue recorded in 2012. � 2013 EBITDA was EUR 1.364 billion, an increase of 2.8% at constant FX over the prior year; 6.2% when excluding analogue revenue.
Intelsat S.A. today reported total revenue of US$ 642.8 million and net income attributable to Intelsat S.A. of US$ 72.6 million, or $0.62 per share on a diluted basis, for the three months ended December 31, 2013. The company reported adjusted diluted net income per common share of $0.84 for the three months ended December 31, 2013.
With the ever increasing demand for mobile broadband anytime, anywhere, the explosive growth of Over-the-Top (OTT) content has accelerated rapidly with a staggering 352.4 million people expected to pay for access to OTT programming by 2016[1]. As Asian consumers continue to demand easily-accessible entertainment, OTT services such as pay TV are increasingly becoming a necessity in the region with revenues expected to grow to US$43.9 billion by 2018, according to a research report[2].
Gilat Satellite Networks Ltd. today reported its results for the fourth quarter and year ended December 31, 2013. Revenue for 2013 was US$ 234.9 million with EBITDA of US$ 16.3 million. Gilat reported strong backlog of US$ 228 million at the end of 2013 more than doubled as compared to US$98.9 million at the end of 2012.
Net cash increased to US $50.9 million as compared to US$ 18.7 million at the end of 2012.
According to Euroconsult's newly released research report entitled "Profiles of Government Space Programs," global budgets for space programs dropped to US$ 72.1 billion in 2013 following peak spending at US$ 72.9 billion in 2012. This is the first time since 1995 that public space programs worldwide have entered a downward trend, a direct result of the cyclical nature of countries' investment in space-based infrastructures combined with governments' belt-tightening efforts during tough economic times.
