Finance (M&A, results, venture capital, private equity, …) News

KT adds 115,000 IPTV subscribers in 1Q 2019
May 3, 2019 – KT (KRX: 030200; NYSE: KT) has released results for Q1 2019. The company finished the quarter with 7.966 million IPTV subscribers, up 115 thousand over the period, and up 393 thousand (5.2%) versus Q1 2018.
News categories: KT Corp, Digital TV, IPTV, Korea, Results, Subscribers

Espial reports First Quarter 2019 results
May 2, 2019 – Espial (TSX: ESP) has announced results for the three-month period ended March 31, 2019. First quarter revenue was $6.1 million. First quarter adjusted EBITDA was a loss of $0.6 million. Net loss was $1.5 million.
News categories: Espial, Jaison Dolvane, Canada, Content Distribution, Digital TV, Middleware, Results, Worldwide

Altice USA video RGUs down 10k in 1Q 2019; Introduces Altice One 3.0
May 2, 2019 – Altice USA (NYSE: ATUS) has reported results for the first quarter ended March 31, 2019. The company lost 10k video RGUs in the quarter. A major update to Altice One was introduced in April 2019 with the launch of the Operating System 3.0.
News categories: Altice USA, Cable TV, Digital TV, Middleware, Results, Set Top Box, Subscribers, USA

LG Uplus adds 130,000 IPTV subscribers in 1Q 2019
May 2, 2019 – South Korean carrier LG Uplus (KRX: 032640) has announced results for Q1 2019. The company finished the quarter with 4.149 million IPTV subscribers, up 130 thousand over the period, and up 477 thousand (13%) versus Q1 2018.
News categories: LG Uplus, Digital TV, IPTV, Korea, Results, Subscribers

VideoAmp raises $70 million in new funding
May 1, 2019 – VideoAmp has announced that it has raised $70 million in new funding led by The Raine Group. The Raine Group invested $50 million in this growth round of financing, with Ankona Capital contributing an additional $20 million.
News categories: VideoAmp, The Raine Group, Ankona Capital, Ross McCray, Erik Hodge, Peter Liguori, Advertising, Big Data, Digital TV, Streaming, USA, Venture Capital

Altice USA to acquire Cheddar
Apr 30, 2019 – Altice USA (NYSE: ATUS) has announced that it has reached an agreement to acquire Cheddar, the digital-first news company, for $200 million. The transaction is expected to close in the next two months upon receipt of regulatory approval.
News categories: Altice USA, Cheddar, Dexter Goei, Jon Steinberg, Advertising, Digital TV, MandA, USA

Charter residential video customers down 152,000 in 1Q 2019
Apr 30, 2019 – Charter Communications has reported results for the three months ended March 31, 2019. Residential video customers decreased by 152,000 in the first quarter of 2019. As of March 31, 2019, Charter had 16.0 million residential video customers.
News categories: Charter, Cable TV, Digital TV, RDK, Results, Subscribers, USA

Orange TV subscribers up 105,000 in 1Q 2019
Apr 30, 2019 – Orange has released results to 31 March 2019. The company finished the quarter with 9.658 million IPTV and satellite customers, up 105,000 in the quarter. All markets saw a rise in numbers except for Spain where subscriptions fell by 11,000.
News categories: Orange, Belgium, Digital TV, Europe, France, IPTV, Luxembourg, Poland, Results, Satellite, Spain, Subscribers

Megacable video subscribers flat in 1Q 2019
Apr 29, 2019 – Megacable (BMV:MEGA.CPO) has announced results for the first quarter of 2019. At the close, the video segment reached 3,196,828 subscribers, a 3.1% increase, or 96 thousand net adds compared to 1Q18. When compared to 4Q18, subscribers remained flat.
News categories: Megacable, Cable TV, Digital TV, Mexico, Results, Subscribers