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Major business

Strong subs growth drives Eros Q2 profits

Leading Indian film entertainment provider Eros International has reported a strong half year for fiscal 2018, with its paying subscriber base growing over 70% in the last six months to total 3.7 million.

Global Listings CEO wins Stevie Award for women in business

Thalia Droussioti, founder and CEO of television programme information supplier Global Listings, has been named the winner of the Stevie Award in the CEO category for Women in Business for Female Entrepreneur of the Year in Europe, the Middle East & Africa.

The Ink Factory secures $180MN in funding

In a deal that it says adds transformational financing and production capacity, The Ink Factory has closed $180 million worth of second round of equity financing, alongside an equity co-investment partnership and a senior debt facility.

Media Analysis

Pay-TV revs grow across the board in Spain

Pay-TV income has risen by almost 15% in Spain, breaking all records, the Comisión Nacional de los Mercados y las Comunicaciones (CNMC) has revealed.

FTA TV reigns in Mexico

Despite Mexico being among the Americas’ largest pay-TV markets, viewers in the country usually watch free-to-air (FTA) TV, says Kantar Worldpanel Mexico.

Flat-panel TV market to push display sales forward

Global demand for flat-panel displays by area is forecast to grow 7.2% to 210 million square metres in 2018 compared to 2017, according to IHS Markit, the biggest annual growth since 2014.

Media Investment

Google’s TV clout set to accelerate with Android TV

Google could gain increased clout in the pay-TV market as interest from operators in Android TV picks up and creates a surge in shipments of Android TV STBs.

Apple blows away Wall Street for Q4

Apple crushed Wall Street's expectations for its fourth-quarter earnings.

Redbox offers discounts on Disney digital titles

The last remaining successful physical media rental purveyor in the US, Redbox, has started offering discounted digital downloads of Disney films, in the absence of a formal content partnership with the House of Mouse.

Pay-TV revs grow across the board in Spain

Juan Fernandez Gonzalez
Pay-TV income has risen by almost 15% in Spain, breaking all records, the Comisión Nacional de los Mercados y las Comunicaciones (CNMC) has revealed.

cnmc tv pago 24 november 2017Driven by increasing subscriber numbers and ARPU, pay-TV operators have seen record revenues during Q1 2017, the last quarter for which official figures are available.

Subscriptions have generated €489 million during the quarter, growing by 18.4% compared to Q1 2016. Add advertising to the pot, and pay-TV players took €520 million in income, up 14.8% over the prior year.

Premium TV figures have consolidated a change in Spain’s TV business model, as for several quarters in a row pay-TV has equalled free-to-air TV in revenues, whereas FTA had previously always led.

According to the CNMC, FTA TV, led by Atresmedia and Mediaset, invoiced €526 million during Q1 2017, a 6.7% rise, of which €465 million came through advertising.

In terms of subscribers, pay-TV reached 6.1 million Spanish households by March 2017, of which 3.48 million were IPTV subscriptions. Cable and satellite options continue to fade, while the CNMC also reports 250,000 subscribers of over-the-top (OTT), video-on-demand (VOD) platforms such as Netflix and HBO España.

As for operators, Telefónica leads the Spanish market through its pay-TV brand Movistar+. The telco, which has over 3.6 million subscribers, invoiced 11% more during the quarter to reach €423 million.

Vodafone is the second largest player in terms of subs and income (€56 million, up 28%), followed by Orange (€20.26 million, up 66%).