Esports Middle East LLC reports 300% revenue increase for 2021
ESME is expected to close its fiscal year with a projected growth rate of over 67% of year-over-year content views.
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ESME is expected to close its fiscal year with a projected growth rate of over 67% of year-over-year content views.
The revenue generated from various applications developed using earth observation satellite imagery is expected to grow to nearly $2.2bn by 2029.
The industrys downward trend is driven by growing High Throughput Satellite (HTS) competition, which has led to significantly lower capacity pricing in recent years.
The company is also reportedly in talks with investors to raise around $2bn in a new financing round that will value it at $180bn after the investment.
Other revenues amounted to $10m in Q1 versus $1.2m a year earlier and $2.6m in Q4 of last fiscal year.
Netflix also revealed that the APAC region was the largest contributor to its paid membership growth this quarter and APAC revenue rose 66% year over year.
South Africa (3.24mn by 2025) will remain the subscription leader, with Nigeria (2.14mn) in second place.
The company’s net income was 71% lower at $271m, as compared to last year.
Eutelsats full-year broadcast revenues experienced the smallest decrease at 1.2%, due to a decline in business in Russia and the termination of a contract in Sub-Saharan Africa.
Iridium reported Q2 total revenue of $140.2m, which consisted of $113.4m of service revenue and $26.8m of revenue in equipment sales and engineering and support projects.
Overall, AT&T revenue declined 9% year-on-year to $45bn in Q2.
The company maintained its operations at full capacity throughout the Covid-19 lockdown and also launched a cloud-based 24/7/365 technical support service.
NSR predicts $11bn in cloud-based revenue over the next decade, with Satcom markets leading the way.
The commercial and government aeronautical, along with commercial land-mobile, demonstrate a strong presence of FPAs, exceeding 77% of their respective markets by 2029, the report said.
Ooredoo's total subscriber base in Oman also fell by 6.7% for the same period.
The revenue saw an increase of 22%, as compared to $11.5m for the same period last year.
The music streaming platform also reported an increase in the subscriber base at 130m for Q1 of 2020.
Apart from that, Alphabet reported total earnings for its first fiscal quarter of 2020, including revenue of $41.2bn and net income of $6.8bn.
The launch of Eutelsat Quantum, planned for the third quarter of calendar 2020, is likely to be delayed, the company announced.
Near-misses are nothing new, but with over 8,000 smallsats to be launched in the next decade, the chances of collision will continue to rise, the analyst said.
The US was followed by China (17%), Germany (4%), and the United Kingdom (4%) for the same time period, according to the research.
The company said that the figures of the First Half were in line with expectations, and attributed the growth to improving the Operating Verticals revenues trend in Q2.
The entertainment company’s revenues for the nine months ended December 31, 2019, came to $2.95bn — up from $2.77bn from the year prior.
YouTube contributed roughly 10% to all Google revenue which makes the video-sharing platform’s ad business nearly one fifth the size of Facebook’s, and more than six times than all of ...
The ongoing shift to OTT is creating value for companies throughout the video value chain, including pay-TV operators, the report said.
This, according to the latest report, will be $2.1bn more or triple the total revenue in 2019.
Netflix has posted a strong 2019 driven by its Q4 performance and high sales in EMEA last year.
The revenue derived from SVOD in the African market is expected to increase by six times the current value by 2025, according to Digital TV Research.
It is estimated that Netflix will have lost 1.6m total subscribers during Q4 of 2019, a period during which both Disney Plus and Apple TV Plus launched.
Following the merger, which was completed Wednesday last week, the merged entity will own more than 140,000 TV episodes and 3,600 film titles.
Both 5G and network virtualisation are key contributors to the next wave of satellite ground segment growth.
Following the introduction of a 50% discount offer on its annual subscription package, ZEE5 has seen a 20% growth in total subscription revenues over the period.
Asia Satellite Telecommunications (AsiaSat) posted revenue of $87m (HKD 683m) for the six months ended 30 June 2019, which represents a decline of 5% year-on-year.
La Liga's commercial revenues across its member clubs was 838m last season, up just over 34 per cent from a year before. Spanish teams biggest revenue source remained broadcasting income, ...
