Zain Launches Mobile TV for iPhone Users
Friday, October 29th, 2010
Zain Kuweit has announced that iPhone users can now access Mobile TV services on their devices.
Through this service, which was already available to other 3G-mobile phone users, prepaid & postpaid customers can view live selected television channels on their handsets.
According to Zain, these TV channels include Al-Watan, Al-Watan Plus, Al-Rai, Kuwait Sports Channel, Gulf, and Rotana Channel collection.
Earlier this month, Zain announced its Group consolidated financial results for the first nine months, ending 30 September 2010. For the Jan-Sept. period, the Zain Group generated consolidated revenues of KWD 1.01 billion (US$ 3.5 billion), an increase of 8.4% compared to the same period of 2009. The company’s consolidated EBITDA reached KWD 448 million (US$ 1.55 billion) reflecting an EBITDA margin of 44% with EBIT reaching KWD 324 million (US$ 1.12 billion). Net Income soared 411% to reach KWD 976 million (US$ 3.37 billion).
Telecinco Revenue Increases 44% in Jan-Sept. 2010
Friday, October 29th, 2010
Leading Spanish commercial television Telecinco has just released its results for the 9-month period ended September 30, 2010.
In the first nine months of 2010, the disappearance of advertising on TVE has allowed the growth of private TVs. Moreover, prices have begun adjusting in the TV advertising market, to recover the levels following the removal of TVE from the advertising market.
Total Net Revenues reached €622.42 million in the first nine months of 2010 whereas in the same period last year they were at the level of €432.25 million, that is an increase of +44.0%. The “Gross Advertising Revenues of Multiplex Telecinco” in this period amount to €572.89 million compared to €406.52 million that were reached last year, while the “Advertising Revenues of Other Media” totalled €28.98 million compared to €7.97 million of 2009. The “Total gross advertising revenues” amount to €601.87 million, a 45.2% increase versus 2009. Finally, the “Other Revenues” amount to €48.55 million with an increase of 29.1% versus the €37.60 million of last year. This is mainly due to the income generated during the first half of 2010, from the films “Agora”, Celda 211” and Spanish Movie”.
The average audience share of the Telecinco Group in the first nine months of 2010 total-individuals (total day), reaches 17.4%, with a +1.9pp lead on Antena3 Group (15.5%).
Compared to the same period last year and under consistent conditions, the Adjusted Net Profit amounted to €121.16 million (+54.4% versus 2009), a 19.5% margin over Net Revenues.
