LONDON — Satellite fleet operator SES said the decline in its video business, which accounts for two-thirds of its total revenue, has been mitigated by its low exposure to the U.S. direct-to-home market and the continued appeal of its European program lineup.
SES acknowledged the pressures all satellite-television companies are facing with internet delivery now taking a chunk of some video niches, especially in North America, and with emerging-market broadcasters struggling to get a foothold.
Ferdinand Kayser, chief executive of the SES Video division . . .
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