David Richards – Page 166

Foxtel Has A ‘For Sale’ Sign Up, So Who Are The Bidders, Comcast Optus?

David Richards August 11, 2024 No Comments

Just for a minute imagine this scenario, Telstra owns 35% of Foxtel, but despite the strength of Foxtel and the services they deliver, they choose to splash $50M buying a…

Australians Switching To Kayo & Binge As News Corp Confirms Discussions Re Sale Of Foxtel

David Richards August 9, 2024 No Comments

Despite the impact of inflation Foxtel has delivered revenues of $506 million in the quarter an increase of $5 million, or 1% with new speculation emerging that the News Corp…

Is Optus Set To Dump Fetch TV After Cutting Optus Sport Deal With Hubbl?

David Richards August 9, 2024 No Comments

Optus Sport is now available on the new Hubble Streaming box with the Paramount app set to follow shortly with speculation that Optus could also move to offering the Hubbl…

Masimo Shares Take An Uphill Run Despite Slump In Audio Business

David Richards August 9, 2024 No Comments

Masimo Consumer the former Sound United business has reported that revenues are down 11% in the quarter while Masimo healthcare revenues are up 23% with the Companies shares surging 4.2%…

Myer Under Pressure As Profits Plunge

David Richards August 8, 2024 No Comments

Myer who recently appointed a new CEO has reported that total sales for 2023/2024 financial year are predicted to be $3.27bn down 2.9% and that profits were down significantly, during…

Electrolux Scores A Big Climate Change Gong

David Richards August 8, 2024 No Comments

Swedish appliance Company Electrolux, who are on a mission to contribute to climate change has won a major award for their efforts in South Australia. The Group’s Adelaide factory was…

Sony On A Roll Despite slump In PlayStation Console Sales

David Richards August 8, 2024 No Comments

Sony Sony who appears to have the best TVs out there appears to be on a roll due to non-hardware sales after delivering a surge in profits, the bad news…

Sonos To Delay New Products Due To Botched App, As Ace Headphones Delivers Revenue Rise, Shares Fall

David Richards August 8, 2024 No Comments

The botched launch of a new Sonos app has hurt the company where it matters most, it’s bottom line according to Sonos CEO Patrick Spence who overnight reported a fall…

LG To Use IFA 2024 To Launch New Tech That Captures Consumer Data

David Richards August 7, 2024 No Comments

LG Electronics who are building a multibillion dollar revenue chain selling data, subscription and media services on their customers, is set to make consumers who buy their appliances pay a…

Kayo Suddenly ‘Dirt Cheap’ Compared To New US Sports Streaming Package

David Richards August 7, 2024 No Comments

A $35 a month Kayo subscription gives users access to premium NRL, AFL games all Formula One and Supercar races in 4K as well as a host of other sports,…