earnings

KORE Reports Fourth Quarter and Full Year 2023 Results; Provides Full-Year 2024 Revenue Guidance of $300 to $305 Million Driven by IoT Connectivity

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[ ATLANTA, April 12, 2024 /PRNewswire/ — KORE Group Holdings, Inc. (NYSE: KORE) (“KORE” or the “Company”) is providing this press release to correct clerical errors in tables contained in the press release filed on April 11, 2024 regarding (i) previously reported Average Total Connections for fiscal year 2022, (ii) previously reported revenue for fiscal year … Read more

Pensions worth over £50bn at risk of being lost as number of pots surges

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[ Over £50bn in pensions are at risk of being misplaced in lost accounts or scattered across multiple pots, new analysis reveals. Almost one in 10 workers believe they have lost a pension pot worth more than £10,000, according to new research conducted by the Centre for Economics and Business Research, on behalf of PensionBee. … Read more

Channel 4’s Alex Mahon, Ian Katz To Get Bonuses In 2024 As Pay Reduced

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[ EXCLUSIVE: Channel 4 bosses will take home reduced bonuses in 2024 as 250 staffers are laid off. Deadline can reveal that the vast majority of Channel 4 staff will receive a bonus this year around half the level of 2023, including CEO Alex Mahon, content boss Ian Katz and Chief Operating Officer Jonathan Allan. … Read more

Fremantle Revenues Dip At ‘Poor Things’ Producer As Rev Target Nears

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[ Revenues and profits fell at Poor Things super-indie Fremantle last year as the outfit’s lofty €3B ($3.2B) revenue target draws ever nearer. In a difficult market, Fremantle’s turnover fell slightly by 3.5% to €2.26B, while adjusted EBITA was down by the sharper 14.2% to €139M. Fremantle’s €3B revenue target set for 2025/26 has been … Read more

ProSiebenSat.1 Full-Year Profit Down $109M Buts Earning Up In Q4

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[ ProSiebenSat.1 Media has posted full-year earnings down €100M ($109), but its recent recovery looks set to continue with fourth quarter income up “significantly.” The German broadcast giant posted adjusted EBITDA of €578M in 2023, down nearly 15% from €678M in 2022. This was in line with expectations in what the broadcaster called both an … Read more

I started getting my state pension two years ago

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[ In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he does not know about pensions. If you have a question for him, email us at [email protected]. Question: I am well … Read more

EchoStar Chairman Charlie Ergen Skips Dish Network Parent’s Quarterly Earnings Call As Investor Worry About Debt Keeps Mounting

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[ The singular voice of Charlie Ergen, long an outspoken figure willing to express unconventional views on the media business, fell silent Friday as he was absent for EchoStar‘s quarterly earnings call. The Dish Network parent, of which Ergen is executive chairman, reported a loss of 314,000 Dish subscribers in the quarter, leaving it with … Read more

Disney, Fox And Warner Bros. Discovery Are A “Sports Cartel” Engaging In “Borderline Racketeering”, Fubo CEO David Gandler Charges

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[ Fubo CEO David Gandler blasted away again at a planned sports bundle backed by Disney, Fox and Warner Bros. Discovery, calling the companies a “sports cartel” engaging in “borderline racketeering.” His comments came during a conference call with Wall Street analysts to discuss fourth-quarter results. Fubo posted strong numbers in the quarter, including 1.62 … Read more

AMC Entertainment CEO Adam Aron Says He’ll Take Pay Cut As Stock Flounders

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[ Adam Aron and the AMC Entertainment board have agreed to reduce the CEO’s target compensation by 25% this year, he said, as he’s bombarded with hostility by the theater chain’s large group of retail shareholders angry at the sinking stock. It means the target amount that he’d be eligible for would be lower. Aron … Read more

Disney-Fox-WBD Bundle “Only Has A Subset Of Sports”, Paramount CEO Bob Bakish Says

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[ Paramount Global CEO Bob Bakish derided a planned streaming venture backed by Disney, Fox Corp. and Warner Bros. Discovery for having “only a subset of sports.” In his first public comments since the announcement of the service, which does not include any Paramount or NBCUniversal properties, Bakish noted several gaps it will have. “There’s … Read more