Paris registered 16.4 million footfall in the very first half of the year and is set to lure more travellers, as confirmed by a senior official.The hotel visits rose by 12.5% as compared to 2016, in the very first three months of 2017, due credits to the Russian and Japanese visitors who amplified the tapping of the footfall.The overseas visitors were 16% up and the French tourist number was 9.9%, whereas Japanese tourist count saw a remarkable shoot escalating to 62% this year, running in the second position were the Russians with 51% followed by Chinese at 40% for the same time frame of 2016. Around 11.2% more hotel rooms were booked for the business visitors in the first trimester of 2017.As per a French broadcaster, events like the Paris Air Show, plus a stimulus of €8 million for the tourism sector, including increased security has given Paris this huge number of tourists.Nearly more the 7% of France’s national income is curated by tourism industry and in the Île-de-France region about half a million people have jobs related to tourism.
Archive of Studs Terkel radio shows to be released to public by The Associated Press Posted Mar 16, 2018 2:51 pm PDT Last Updated Mar 16, 2018 at 3:40 pm PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CHICAGO – More than 5,600 of Studs Terkel’s radio interview programs on the Chicago station WFMT will be released to the public.The Studs Terkel Radio Archive will launch May 16, the 106th birthday of the late author, activist and oral historian. Terkel died in 2008 at age 96. The archive will be available on studsterkel.org.For 45 years — 1952 to 1997 — the legendary Terkel elevated oral history to a popular genre by interviewing both the celebrated and everyday people for books and on WFMT. Among the radio interviews to be released are those with Martin Luther King Jr., Simone de Beauvoir, Bob Dylan, Cesar Chavez and Toni Morrison.Terkel won the 1985 nonfiction Pulitzer Prize for his book, “‘The Good War’: An Oral History of World War II.”
14Sep Rep. Canfield announces September office hours Categories: Canfield News State Rep. Edward ‘Ned’ Canfield invites residents of the 84th House District to attend his office hours this month.The office hours will be on Monday, Sept. 21 from 5:30 to 7 p.m. at the Port Austin Township Hall, located at 8265 N. Van Dyke Road, Ste. 2 in Port Austin.“Constituent feedback is vital in ensuring I represent the 84th District to the best of my ability,” said Rep. Canfield, R-Sebewaing. “I value each and every comment, suggestion and question as it is my number one priority to see that people’s concerns are addressed.”No appointment is necessary. Residents who are unable to attend are encouraged to contact Rep. Canfield by phone at (517) 373-0476, or by email at EdwardCanfield@house.mi.gov.
03Aug Rep. Reilly welcomes residents to office hours in Lake Orion Categories: Reilly News State Rep. John Reilly of Oakland Township will host open office hours on Monday, Aug. 14 at the Orion Township Public Library, 825 Joslyn Road in Lake Orion from 6 to 7 p.m.“Hosting regular office hours is a top priority of mine,” Rep. Reilly said. “I look forward to listening and finding out what issues are important to people.”No appointment is necessary. Those unable to attend may contact Rep. Reilly at 517-373-1798 or via email at JohnReilly@house.mi.gov.
18Sep Rep. Kesto plan establishing clear, objective parole guidelines is signed Categories: Kesto News,News State Rep. Klint Kesto set forth a proposal earlier this year offering concise parolee parameters while reducing a swelling prison population propped up by state money. His goal at the time was clear.“Smart on crime and soft on hard-working taxpayers,” said Kesto, of Commerce Township.The plan, House Bill 5377, was recently signed into law by Gov. Rick Snyder and became Public Act 339 of 2018.“This plan makes some of the practices we have in place into law,” Kesto said. “We have a scoring system for parole release after eligible individuals complete their minimum sentences, but only about 75 percent of offenders who score highly are actually being released when that minimum sentence is up. This number can and should be higher. It will ensure more offenders are given a chance at being productive citizens in our state and lessens the burdens on taxpayers for corrections spending.”In Michigan, a prisoner is not eligible for parole until they have served all of a minimum sentence imposed by the court. Once the minimum sentence has come and gone, a parole board must have reasonable assurance that a released individual will not pose a threat to society.The parole board uses a set of guidelines, including mental and social evaluations, rating inmates as having a high, average or low probability of success on parole. Under the new law, individuals with high scores would be assured release by the parole board unless there is a substantial, compelling reason not to do so. The law grants more certainty in sentencing and promotes rehabilitation.Michigan’s prison population has risen from approximately 14,000 in the 1970s to more than 39,000 currently. As a result, corrections spending has increased from 3 percent of the state budget to roughly 20 percent.“On average, prisoners are serving approximately 125 percent above their minimum sentences, regardless of their parole scores or behavior while incarcerated,” said Kesto, who chairs the House Law and Justice Committee. “I’m a firm believer in justice, but I’m also a firm believer in weighing the cost of justice with efficient state expenditures. It’s important to maintain that balance and this law underscores that.”Before being signed, HB 5377 was approved overwhelmingly and in bipartisan fashion by the Michigan House and Senate.
Share2TweetShareEmail2 Shares April 1, 2014; National Public Radio“The Lord does not let the righteous go hungry but he thwarts the craving of the wicked” (Proverbs 10:3).So says scripture, but that isn’t quite borne out in modern society nor, sadly, in the tax-exempt sector. Last year, Senator Charles Grassley (R-IA) led a deep and thorough investigation of some of the nation’s most ostentatious televangelists in the nation, the so-called “prosperity” televangelists who seem to have become quite prosperous from their preaching over the airwaves. You know them—Kenneth and Gloria Copeland, Joyce Meyer, Benny Hinn, Creflo and Taffi Dollar, Eddie Long, and Randy and Paula White (only Meyer and Hinn appear to have cooperated much with Grassley’s review), all preaching the prosperity gospel, defined by Cathleen Falsani, the religion columnist of the Chicago Sun-Times, as an “insipid heresy…[that] teaches that God blesses those God favors most with material wealth.” In our evidence-based sector, the strongest evidence that the prosperity gospel works is in the Bentleys, Rolls-Royces, Gulfstreams, and Citations that they use under the guise of carrying out the work of their ministries. Prosperity as evidence of a life well lived, eh?Just about nothing happened with Grassley’s investigation, which he pursued with scant support from Democrats on the Senate Finance Committee and wrapped up with no legal action against any of these people, much less others who have picked up on their prosperity theology (or “prosperity lite”) with aplomb, such as Joel Osteen and T.D. Jakes.The message of inaction, accompanied by the supposition of self-regulation by the Evangelical Council for Financial Accountability, which issued a very weak report on supposed changes in how to oversee the likes of Kenneth Copeland and Eddie Long, reached the IRS, which recognizes the Daystar television network, along with the Christian Broadcasting Network, the Trinity Broadcasting Network, and others) as churches. That means they get all of the benefits of accepting tax-deductible charitable donations and avoiding taxation on their massive amounts of inflow but, unlike 501(c)(3) public charities, they get to avoid public disclosure of how and toward what they use the millions of dollars they rake in.Donors give about $35 million a year to Daystar Television, which has $233 million in assets. NPR figured this out not from any public revelations made by Daystar to the IRS, but from court records as part of an employee lawsuit in 2011. According to NPR, the records “show generous donations and loans that Daystar made to friends, and records of charitable giving that looked different from what Daystar describes on the air.” Daystar’s founder and CEO, Pentecostal minister Marcus Lamb and his wife Joni, refused to speak to NPR, but Lamb’s director of marketing responded to NPR in writing, equating NPR and Daystar as “nonprofit entities…[that] both enjoy all of the same benefits and obligations, other than the fact that Daystar does not have to file a form 990, due to its church status, for which it is fully compliant under the law.” It’s no surprise that, besides running its own lineup of preachers, Daystar sells television time to Jakes and Osteen for their on-air ministries.Here’s where the NPR review went off the rails: It cited former employees who said that Daystar isn’t a church, but a massive money-making television network, as though nonprofits don’t on occasion make money. The reality is that the IRS rarely ever enforces its “14-point test” for determining whether an applicant qualifies as a church (the criteria include regular services, Sunday school, and a regular congregation) and doesn’t seem much inclined to re-review “churches” like Daystar to determine if, perhaps, they might have been a church for a moment and somehow drifted. It’s obvious that the IRS has no desire to do battle over issues of government interference with religion, which may have been Grassley’s rationale for turning his review over to ECFA (or the reason his Democratic counterpart, Max Baucus, ducked the issue altogether). To be seen as attacking religion, even if it is the prosperity televangelists, could cost votes.The NPR examination also gave too much credence to the debate over whether Daystar actually delivers on its purported charitable activities. Like the televangelists reviewed by Grassley, Daystar announces lots of charitable donations, such as donations to a home for Holocaust survivors in Israel, a hospital in Calcutta, and a ministry supporting women in Moldova. According to NPR’s review of Daystar’s court-reviewed finances, only about five percent of its donor revenue goes to charitable giving. CharityWatch’s Daniel Borochoff told NPR that Daystar should tell donors that only about five percent of their giving goes out of Daystar to other charities.In reality, the percentage of of tax-deductible donations to churches in general that goes for other-than-sacerdotal activities is not much greater. The point is that the tax structure allows donations for religion to be treated the same as donations for charitable good. Maybe Daystar isn’t telling its donors accurately and fully what it’s doing with their generosity, but it isn’t all that different than overall giving to tax-exempt churches.Some of the examples of Daystar’s “charitable donations” are shocking and obnoxious (our favorite was the donation of $60,000 to Israeli lawyers who helped Daystar get a cable TV contract), but other expenditures are just as odious—a $2.3 million loan to one of Lamb’s golfing buddies and former assistants, buying copies of Joni’s autobiography at retail bookstores so that it would climb higher on bestseller lists, and over half a million to a NASCAR driver for his ministry. Matthew 6:24: “No man can serve two masters: for either he will hate the one and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and Mammon.” The likes of Daystar get to run without much more than an occasional negative article like this one. The IRS doesn’t audit churches much, if at all. Mammon doesn’t face any challenges in the prosperity theology as practiced by Daystar and the other “self-regulating” televangelists. It’s time to pull the plug on a theology that only makes the preachers prosperous and does so on the backs of American taxpayers’ approval of a tax exemption for their money-making and gift of a federal tax deduction for the donations they rake in—all without having to disclose much or anything to the taxpayers themselves. “Go to now, [ye] rich men, weep and howl for your miseries that shall come upon [you]” (James 5:1). Hopefully the howling will come, because these churches will have to, at a minimum, report and disclose just like their public charity peers, but it should really come from stripping the likes of Daystar of their tax-exempt church status.—Rick CohenShare2TweetShareEmail2 Shares
Hungarian media regulator the NMHH has fined pay TV operator Digi for removing Discovery Channel from its line-up without giving sufficient notice to subscribers.The regulator found that Digi had removed Discovery from its packages without prior notice, breaking the terms and conditions of its agreement with subscribers. The operator was fined HUF5 million (€17,000).
France-based online video site Dailymotion has acquired Jilion, the development team behind the SublimeVideo HTML5 video technology. Dailymotion said the technology and talent acquisition would help it to connect users, content producers and advertisers and “take the lead in video experience across multiple platforms” – including desktop, mobile, tablets and TV.Cedric Tournay, CEO of Dailymotion said: “The player is at the heart of our video distribution platform – it is key for us to offer the best experience on the market, and Jilion with its SublimeVideo engine is by far the best solution out there.Zeno Crivelli and Mehdi Jacques Aminian, co-founders of Jilion, added: “Joining forces with Dailymotion is a tremendous opportunity for our team. We could not be more excited about sharing our technology with such a high-profile company and for the benefit of over 200 million unique users.”Financial terms of the agreement were not disclosed.
Facebook stands to benefit from a significant shift in consumer behaviour as people spend more time on mobile and online platforms than they do watching TV, according to the social media giant’s chief operating officer Sheryl Sandberg.Speaking on a conference call following Facebook’s first quarter results, Sandberg said that consumers spent more time on mobile and desktop devices than they did on TV last year for the first time. She said that US consumers spent on average five and three quarter hours “on digital” compared with four and a half watching TV, with the shift largely being driven by mobile.“As consumer time and attention shifts, we think ad budget shift as well – particularly if you have good mobile ad products and you can measure results,” she said.Sandberg said that marketers should be comparing return on investment across multiple platforms.“We want them to compare us to the other investments that could make to see who can drive the most value to the bottom line and that’s what we are focused on,” she said.Sandberg said that mobile platforms now account for 59% of Facebook’s advertising revenue, up 6% from the fourth quarter.Addressing the question of whether Facebook would develop premium video advertising on its platform,Sandberg said that the company had “significant opportunities” but that “it’s still very early” and that the company didn’t expect meaningful contribution from projects including premium video this year.“On video ads, video represents a really big opportunity, really driven by consumer behaviour,” said Sandberg.“Smartphones are going better and faster and more people have phones that can provide a great video experience. So we’re seeing consumers do a lot more in video.”She said ‘click-to-play’ video ads were performing well on the platform and that Facebook was in early conversations with clients about auto-play video ads. However, she said, “we really want to see autoplay video ads be something that’s pretty common in the newsfeed experience based on consumer usage before we push very hard in the ads business.”
Le Comite des ReprisesFrench pay TV provider Canal+ has added two new comedy channels to its YouTube multi-channel network Canal Factory.Canal+ has added Le Comité des Reprises and Fun Corp to the Canal Factory offering. Le Comité des Reprises, produced by Firr Productions, features musical events introduced by presenters PV Nova and Waxx, distributed each Thursday at 18:00. Fun Corp is a sketch-show channel produced by TetraMedia featuring Yassine Belattar.Canal Factory, launched last December, now includes 25 channels based around key programmes from channels Canal+, D8 and i>Télé or around key themes such as movies, seris or music, accessible free of charge on YouTube. In March, Canal+ took a stake in comedy multichannel network Studio Bagel.Other channels available include Canal+, D8, D17, Cinéma Canal+, Les Séries Canal, Canal+ Music, Le Grand Journal, Le Before du Grand Journal, Made in Groland, Clique, Le Journal des Jeux Vidéo, Gym Direct, Les Tutos, Le Dezapping du Before, Connasse, Palmashow, Les Kassos, Canal bis, Bapt et Gael, Canalstreet Music, Canalstreet Dance, Mark the Ugly by CanalStreet and Sébastien Abdelhamid Superstore by CanalStreet.
Russian mobile operator Megafon has reportedly begun testing LTE Broadcast technology from Huawei. According to local trade news site ComNews, Megafon is testing LTE Broadcast technology, centred on the eMBMS enhanced multicast standard, in Moscow using capacity in the 2.6GHz range.According to the report, Megafon is testing the broadcast of multiplexed channels rather than individual streams. The company launched an LTE-A network in Moscow earlier this year.Huawei has been developing LTE Broadcast technology for some time. It tested the technology with Philippines operator Smart Communications using 2.1GHz spectrum last year and has also been previously linked with the BBC’s plans for LTE services.Late last year Huawei teamed up with chipmaker Sequans Communications to conduct interoperability tests of Huawei’s LTE equipment and end user devices based on Sequans’ eMBMS-capable chips.
Viacom is to migrate its German MTV HD channel to the SES-backed HD satellite platform HD+ from the beginning of September.MTV HD will henceforth be a free-to-air service on satellite, with HD+ users paying an annual technical fee to receive the raft of services on the platform. HD+ had around 1.4 million paying customers and a further 1.3 million on free trials at the end of last year.Viacom’s northern Europe chief Magnus Kastner had previously indicated that MTV would become an HD-only brand.
Egyptian satellite operator Nilesat has agreed a long-term lease for multiple transponders on Eutelsat’s forthcoming Eutelsat 8 West B satellite, covering the Middle East and North Africa.The deal strengthens Eutelsat and Nilesat’s long-term cooperation at the 7/8 degrees West video neighbourhood, which broadcasts more than 1,000 TV channels to over 52 million homes located from Morocco in the west to the Gulf in the east.The additional transponders booked by Nilesat on Eutelsat 8 West B add to the resources already leased on the Eutelsat 8 West C satellite, with services on 8 West C satellite due to be transferred to 8 West B once the satellite enters service in 2015.“Eutelsat’s partnership with Nilesat has fostered the creation of an unmatched broadcasting neighbourhood serving channels seeking to optimise their reach and deliver high quality. We are committed to delivering industry-leading service and look forward to pursuing and strengthening even further our strong collaboration with Nilesat,” said Michel Azibert, Eutelsat’s chief commercial and development officer.Eutelsat and Nilesat have together built broadcast infrastructure at 7/8 degrees West that comprises three Eutelsat and two Nilesat satellites specifically designed for direct-to-home (DTH) satellite reception.
Teracom-owned Nordic digital-terrestrial pay TV service Boxer has launched its previously announced multiscreen service, providing live TV and VoD across Sweden and Denmark.The new Boxer Play TV streaming service includes a variety of live channels and VOD subscription packs.Teracom has tapped Norway-based technology provider Norigin Media to provide the multiscreen apps to support the service, with custom integrations to the video platform managed by Boxer in Sweden.Boxer is using Norigin Media’s Hybrid Apps product, described as a multiscreen application suite that utilises the benefits of HTML5 within natively coded applications, for common implementation.“We are excited to launch Boxer Play in Scandinavia with Norigin´s Hybrid Apps product to meet the expectations of this mature market” said Hanna Lindqvist, director of product management at Teracom Group.“The user experience and design have been very important for us and we have spent a lot of effort on getting it right. We have taken a lot of consideration to ensure the robust evolution in spite of a very fragmented device market.”
Ingrid DeltenreIn its latest intervention over crisis-hit central and eastern European public broadcasters, EBU director-general Ingrid Deltenre has called on the Romanian government to make an urgent intervention to save the country’s pubcaster, which she says is facing imminent collapse.In a letter to Romanian prime minister Dacian Cioloş, Deltenre said that broadcaster TVR’s indebtedness combined lack of government support had created a dire situation.“Currently, TVR is facing complete financial collapse, caused by significant debts. In addition, the temporary management cannot embark on strategic reforms,” said Deltenre, pointing out that the broadcaster would, for the first time in its history, not be able to air coverage of the Euro 2016 football competition, meaning that Romanian viewers would only be able to see part of the competition, and then only if they subscribed to pay TV.“We at the European Broadcasting Union have done all we can to assist TVR by rescheduling debts, but we are still owed €15 million. We have sent letters to your predecessors and to the Romanian authorities, but the situation has unfortunately only become worse. TVR’s crisis should not be ingnored any longer and urgent decisions need to be taken babout the future of this institution,” Deltenre said in her letter.“There is a need for an all-encompassing reform and for new legislation that addresses all key questions regarding public service broadcasting’s sustainable funding, governance and remit, based on the proposal developed by TVR.”Deltenre said that she was “encouraged” by a recent meeting involving the government and parliamentarians to discuss the issue and by the possibility that the Romanian government would consider a guaranteed for outstanding bank loans.Proposals aired to ameliorate TVR’s financial situation have included trying to improve licence fee collection and increasing the amount of advertising minutes that the broadcaster can sell.
Satellite operators are becoming more aggressively competitive and are seeking to diversify away from broadcast to invest in high-throughput satellites and low and medium-Earth orbit constellations as capacity prices tumble and debts continue to mount, according to a new report by Northern Sky Research (NSR).According to NSR’s Satellite Operator Financial Analysis 7th edition, top line operator revenues declined by just under 3% in US dollar terms last year. Operators saw revenues per transponder fall, driven down by a declining market for data in particular, while operators ate through their cash reserves to pay for acquisitions or wind down debts.The declining prices for traditional capacity sales are leading operators to adopt higher-risk strategies by investing in HTS, LEO and MEO projects, according to NSR. SES, for example, took full control of O3b Networks and RR Media, moves that contributed to a four-point decline in its EBITDA margin, according to the research group.Gagan AgrawalOther operators looking to diversify include Intelsat, which is planning to merge with OneWeb, Telesat, looking to invest in LEO and HTS projects, and APT Satellite, which is planning to create a GEO-HTS mobility constellation through a Chinese joint venture.According to NSR, Eutelsat stands alone, maintaining its focus on video hotspots and satellite broadband.”2016 also saw operators becoming more competitive in their respective international data/mobility markets, with heavy discounts on bulk contracts for customer acquisition. This was well complemented with an emphasis on curbing CAPEX and OPEX to offset pressure on top line revenues, and, more importantly, checking their debt profiles with majority of them undertaking partial or full debt refinancing,” said Gagan Agrawal, analyst at NSR and a report co-author.“This cost savings trend is expected to continue, giving leeway to operators to manage their cash flow better and hedge against lower EBITDA margins arising from service oriented businesses un-commoditising capacity, which itself became necessary due to downward pricing pressures in data and mobility markets. It’s truly a paradigm shift, as satellite operators look for growth in other parts of media and connectivity value chains.”
Rikard SteiberHTC’s senior vice-president of VR, Rikard Steiber, predicted virtual reality will “change the world” as he outlined a number of technological innovations happening in this space.Speaking at IBC over the weekend, Steiber, who is president of Viveport and SVP of virtual reality at HTC Vive, described VR as the portal that will take us between the real and imaginary worlds and said that “anything is possible in VR”.“I believe that virtual reality is going to change the world – not just for us as consumers, but us as an industry,” he said. “For the first time ever we’re going to democratise experiences.”Delivering a keynote presentation about ‘what’s happening in VR, AR and mixed reality’, Steiber said that though we are still in the very early stages of this technology, there are number of innovations coming that will help to achieve “true presence” – tricking your brain into thinking that “the virtual world is the real world”.These include a next generation of haptic suits that will allow users to feel real physical sensations from their virtual experiences – for instance with the forthcoming full-body Teslasuit. Advanced trackers with motion sensors will also help make the imaginary world seem more realistic in VR. However, Steiber predicted eye-tracking would be “the real breakthrough”.“Eye tracking is going to be a game changer,” he said. “The reason is that when we interact with computers today you’re probably pointing and clicking at something, but very very soon, within the next year, you’ll be able to just look at something to select it or interact with it.”Steiber said this feature would be very important for users to feel a connection with one another in social VR – one of the many promising areas for VR alongside the likes of education and gaming, which will benefit from the launch of a number of high profile VR titles later this year such as Fallout 4 VR, Doom VFR and LA Noire: The VR Case Fiiles.He also predicted that while most VR experiences today are downloaded and played, soon there will streaming VR experiences, allowing users to use VR with the same ease that they can watch Netflix or listen to music on Spotify.In terms of device types, Steiber said that HTC’s new standalone Daydream-powered devices – which were announced early this year but are yet to launch – will provide a third category in between high-end PC-tethered headsets and low-end smartphone-powered cardboard offerings.“Later on this year we’re launching a standalone device, which means that you don’t need a phone or you don’t need a PC, you just put on the device, which is going to be more convenient for many use-cases,” he said.“What’s interesting with virtual reality is that we’re kind of reducing the distance between the real world and the imaginary world and VR becomes this portal that takes us through that.“The technology that makes this possible is using both our visionary senses, our auditory [senses], but also our body. We can move around. What happens then is that our brain gets so much sensory input that it thinks that the virtual world is actually the real world.”
Dutch telco KPN has launched a set of internet and TV packages aimed at small business customers.KPN said it was responding to demand from small businesses for basic packages that they can expand at a future date to meet their own needs with additional services.Businesses will be able to choose from a range of different subscription options in KPN’s business services offering. They can take a basic package with the internet or a more complete offering that also includes TV.Small business customers will also stand to benefit if they combine fixed and mobile services by qualifying for discounts on mobile subscriptions, doubling their data bundle and sharing data allowances. Customers with interactive TV can also qualify for a free TV package such as Fox Sports Eredivisie or KPN’s Pluspakket.
Orange Group reported TV gains in its latest quarter with its overall customer base climbing to 8.92 million from 8.20 million a year earlier.Announcing its third quarter results, Orange reported gains across all of its TV countries – including its biggest and home market of France.Here Orange’s TV customer numbers climbed from 6.51 million in Q3 2016 to 6.84 million in Q3 2017 – up 5% year-on-year.In Spain its number of TV customers climbed 29.5% to 593,000, while in Poland the number was up 7% to 814,000.In Belgium and Luxembourg TV customers more than tripled from 22,000 in Q3 2016 to 85,000 in Q3 2017, while in Central Europe its TV customer base grew 35.5% to 534,000.Overall Orange reported revenue growth of 0.9% on a comparable basis to €10.27 billion in the third quarter of 2017.Stéphane RichardAdjusted EBITDA grew 2.1% in the third quarter to €3.62 billion, despite the impact of the first full quarter since new European regulations ended roaming charges and increased interconnection costs with operators in other countries.“This quarter demonstrates very good momentum at Orange, supported more than ever by investment in customer experience and our networks,” said Stéphane Richard, chairman and CEO of the Orange Group.“We attracted nearly half a million mobile contract customers and 321,000 fibre customers in France and the Europe segment in the past three months. Despite new roaming regulation in Europe, we delivered revenue growth for the ninth consecutive quarter and adjusted EBITDA growth of 2.1%.“Orange France also confirmed its return to growth and had a particularly strong third quarter in mobile, with 320,000 net additions – its best performance since 2008.”
German broadcaster ProSiebenSat.1 has set a target of increasing its top line from €4 billion to €6 billion “in the mid-term”, according to CEO Max Conze, with at least half of this coming from digital activities. However, ProSiebenSat.1 has downgraded its expectations for this year as a result of lower than expected revenues and the renegotiation of licensing rights from US suppliers.In a strategy update accompanying the company’s Q3 results, Conze said that ProSiebenSat.1 had “a clear growth plan” and was “executing it vigorously”. He said that double-digit growth at the broadcaster’s NuCom unit and Red Arrow Studios “prove that we are on the right track”.In addition to the €2 billion uptick in revenues, ProSiebenSat.1 is targeting an increase in EBITDA from €1 billion to €1.5 billion and an annual total shareholder return of 10-15%.The main pillars of the strategy to achieve growth are: a focus on local content and the introduction of addressable advertising, with a target of achieving a 25% revenue share of addressable advertising compared with a low single-digit share today; growth in Red Arrow’s share of local content commissioned by ProSiebenSat.1 from 13% to 30% over the next five years along with international expansion and the development of the Studio71 digital production business; and the doubling of revenues at e-commerce arm NuCom to €2 billion in the same time period.ProSiebenSat.1 aims to take a hit on EBITDA to the tune of around €50 million next year as it invests local content to fuel its longer-term ambition.The group is also reviewing its licensing arrangement with US content companies, and has already struck a new agreement with Warner Bros, which it said improved the scope of rights available to it. The company said it did “not rule out” a negative impact on earnings of up to €400 million this year from contracted licence volumes, with a possible negative impact on free cash-flow of up to €110 million.The impact of the de-consolidation of VOD portal Maxdome, now part of a JV with Discovery, and other units, allowing with only modest revenue growth, mean that the broadcaster has adjusted its 2018 guidance. It now expects revenue to decline from €4.1 billion to €4 billion, with revenues expected to grow in a low single-digit percentage range after taking into account currency shifts and consolidation.