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Toby Syfret was quoted in an article about BT's plans to unveil television subscription packages, having previously bundled football games in free with high-speed broadband connections the announcement is expected to introduce a charge of £5 a month to watch the Champions League for existing customers. Toby said that BT’s football subscription package would “be a fairly unique thing”.
The latest numbers for Q1 2015 show strong device and internet user growth, with more of the population online than ever before, including more than 90% of under-55s. Growth amongst older groups, however, has slowed to a crawl
Participation in online activities is up across the board, but digital media data shows spend on ebooks and digital music struggling, with the latter being heavily impacted by the rise of unlimited streaming models such as Spotify
The story of mobile's surge continues, with almost a half of e-commerce transactions and a third of search and display ad spend now going to mobile. Most of these mobile devices are Android, but iPhone seems to have gained long term share with its larger phones. Google services, however, have cross-platform reach
Alice Enders was quoted in an article about news that the BBC has sold £87m of property at its former television headquarters as it attempts to demonstrate commitment to reducing operating costs. Alice talked about plans for a progressive license fee, which would be graded by household income. She said it would be “a nightmare to enforce”, suggesting the alternative option would be “to widen the categories of those that are exempt”.
Vodafone Europe’s revenue growth improved again in the March quarter, but not by as much as the previous trend, or by as much as the mobile market in general
Operational trends look more solid, with data growth continuing to accelerate and Project Spring delivering improvements in some markets
The biggest blip was in Germany, a quad play market for Vodafone, and we remain sceptical of the operational benefits of convergence as Liberty Global merger speculation re-surfaces
TalkTalk accelerated subscriber and revenue growth in the March quarter, but stripping out the effect of acquisitions we estimate that organic growth was roughly in line with the previous quarter
Its EBITDA grew 15% for the 2014/15 financial year, but margin expansion reversed in H2, with lower gross margin and higher broadband marketing costs causing the damage
The company’s 25% EBITDA margin target in 2016/17 continues to look challenging, but continued strong revenue growth and some margin expansion looks likely
Virgin Media’s subscriber trends were a little weak in Q1 compared to previous trends, with intense promotional activity from competitors hurting, but it still expanded its base
ARPU was also relatively weak due to various VAT and pricing changes, but it still grew, leading to cable revenue growth of 3% versus 4% in the previous quarter, and OCF growth of 5% versus 9% in the previous quarter
This growth level is likely to accelerate over the year as subscriber momentum improves and one-off effects annualise out, with the benefits of footprint extension mainly impacting from 2016
With both the current Royal Charter and licence fee settlement expiring in the next two years, press headlines proclaim the BBC has much to fear from the new Conservative government
Having read through the Culture, Media and Sport Committee's recent "Future of the BBC" report, which was led by the newly-appointed Culture Secretary, we do not share the same view
However, any reduction in BBC funding is likely to lead to further tightening of TV and radio programming budgets, with far reaching consequences across the entire UK creative sector
BT had a somewhat mixed March quarter, with growth in consumer still strong but weaker than before, growth in UK corporate weak and even weaker than before, but fibre growth re-accelerating and cost-cutting very strong
The company is still well on track, with 2015/16 revenue guidance reflecting fibre-driven consumer growth countered by UK corporate weakness, and EBITDA guidance reflecting strong cost-cutting partially mitigated by extra football rights costs
Operationally the next few months will likely be dominated by the launch of BT’s Champions League coverage and associated marketing, with various regulatory processes keeping the company busy at the strategic level
The Game Developers Conference (GDC) and Mobile World Congress (MWC) saw major announcements in virtual reality and new generation streaming game consoles, as well as further opening up of access to game engine software
Latest earnings reports show that major publishers and developers are currently in buoyant form as growth in the PlayStation 4 and Xbox One install base boosts revenue and consumers migrate to digital sales
Results for developers dependent on the mobile or online ecosystem are more mixed: King (producer of Candy Crush) continues to grow, but Zynga is struggling, although recent performance hints at a possible halt in its decline