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Sports New subscribers, live sports and advertising buoy Rogers revenue as restrictions ease

00:02  22 july  2021
00:02  22 july  2021 Source:   msn.com

Tokyo Olympics Full TV & Streaming Schedule: How To Watch Everything, Including The Women’s Swimming & Woman’s Gymnastics Team Finals – Updated

  Tokyo Olympics Full TV & Streaming Schedule: How To Watch Everything, Including The Women’s Swimming & Woman’s Gymnastics Team Finals – Updated UPDATED with schedule changes: NBCUniversal is airing programming from the Tokyo Olympic Games across a wide swath of its broadcast, cable and digital properties, the programming schedules for which are constantly shifting this year. Deadline is updating this list daily from multiple official sources. See schedule below for full event listings. NBCU’s Peacock streaming service launched a Tokyo Olympics destination on July 15 that features extensive live coverage of some the Games’ biggest events including Gymnastics, Track and Field and the U.S.’s pursuit of its fourth straight gold medal in Men’s basketball.

1. England's Covid restrictions ease . As restrictions ease across the UK, most people might be glad to see the end of limits on life. But for some, the switch to online prompted by the pandemic is a development they don't want to see reversed. Author Jase Puddicombe, 27, says it's been "life-changing".

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Rogers Communications Inc. reported a rebound in revenues in its latest quarter amid an uptick in wireless and internet subscribers and the recovery of television advertising tied to the return of live professional sports.

a man standing in front of a sign © Provided by The Canadian Press

The cable and wireless company said Wednesday its media revenue surged 84 per cent in its second quarter, driven by advertising connected to live sports broadcasting like the Stanley Cup playoffs as well as Blue Jays revenues.

"We saw strong growth as audience viewership reached record levels and advertisers enthusiastically returned to our live professional sports programming," Rogers president and CEO Joe Natale said during a conference call with analysts.

A look at COVID-19 reopening plans across the country

  A look at COVID-19 reopening plans across the country As COVID-19 vaccination rates increase and case numbers drop across the country, the provinces and territories have begun releasing the reopening plans for businesses, events and recreational facilities. Most of the plans are based on each jurisdiction reaching vaccination targets at certain dates, while also keeping the number of cases and hospitalizations down. Here's a look at what reopening plans look like across the country: Newfoundland and Labrador: The province's reopening plan begins with a transition period during which some health restrictions, like limits on gatherings, will loosen.

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Mexico's living are bearing the scars of the pandemic along with their lost friends and loved ones. Many surviving coronavirus victims say the psychosis caused by the pandemic is one of the most lasting effects. Mexico resembles a divided country, where some people are so unconcerned they won't wear masks, while others are so scared they descend into abject terror at the first sign of shortness of breath. "Victorian health authorities continue to closely monitor the situation in South Australia, including today's developments of an anticipated easing of restrictions in SA on Saturday night.

As many Canadians continued to work and study remotely, Rogers also recorded a two-per-cent increase in wireless service revenue with 99,000 net new postpaid subscribers and a five-per-cent jump in cable revenue with 15,000 net new broadband subscribers.

The company’s internet-based television service, Ignite TV, also added 66,000 net new subscribers in the quarter.

The Toronto-based telecom company said it cleared a profit of $302 million for the three months ended June 30, as revenue rose 14 per cent to $3.58 billion, up from $3.16 billion a year earlier.

The strong results reflect the gradual economic recovery as pandemic lockdowns ease, Natale said.

"While some elements of the pandemic will be with us for some time, we're optimistic about the road ahead," he said.

A look at COVID-19 reopening plans across the country

  A look at COVID-19 reopening plans across the country As COVID-19 vaccination rates increase and case numbers drop across the country, the provinces and territories have begun releasing the reopening plans for businesses, events and recreational facilities. Most of the plans are based on each jurisdiction reaching vaccination targets at certain dates, while also keeping the number of cases and hospitalizations down. Here's a look at what reopening plans look like across the country: Newfoundland and Labrador: The province's reopening plan begins with a transition period during which some health restrictions, like limits on gatherings, will loosen.

She lives in seclusion in her summer house outside Moscow planting zucchini, raspberries and flowers, binge-watching TV series or spending hours on the phone with her friends – most of whom are also hesitant about the vaccine. A staggering 62 percent of Russians do not want to get vaccinated, and The restrictions were eased , however, when Russians voted in the July 1 referendum that “nullified” Putin’s previous presidential terms allowing him to stay in power until 2036. Another inconsistence is geographic. While Moscow is bracing for new restrictions , Russia’s second-largest city just held what

Moscow's mayor on Saturday ordered a week off for some workplaces and imposed restrictions on many businesses to fight coronavirus infections that have more than doubled in the past week. After several weeks of lockdown as the pandemic spread in the spring of 2020, Moscow eased restrictions and did not reimpose any during subsequent case increases. But because of the recent sharp rise, “it is impossible not to react to such a situation,” Mayor Sergei Sobyanin said.

That includes potential new business tied to the return to urban centres, the reopening of offices and resumption of in-person college and university classes this fall, he said.

"There's pent-up consumer demand and as people become mobile again and students return to school, it will drive growth," Anthony Staffieri, Rogers chief financial officer, said.

Indeed, the increasing mobility of Canadians and reopening of stores bode well for the company's current quarter, Natale said.

Surveys of so-called COVID-19 revenge spending place a new wireless device in the top five category of items or products consumers may consider spending on or upgrading amid the lifting of pandemic lockdowns, he said.

Wireless equipment revenue was up 26 per cent in the second quarter, largely due to device upgrades, the company noted.

The telecom operator is in the process of acquiring Shaw Communications Inc., a deal Rogers said will allow it to invest in network facilities, especially in remote and underserved parts of Canada, and grow more quickly and efficiently.

A look at COVID-19 reopening plans across the country

  A look at COVID-19 reopening plans across the country As COVID-19 vaccination rates increase and case numbers drop across the country, the provinces and territories have begun releasing the reopening plans for businesses, events and recreational facilities. Most of the plans are based on each jurisdiction reaching vaccination targets at certain dates, while also keeping the number of cases and hospitalizations down. Here's a look at what reopening plans look like across the country: Newfoundland and Labrador: The province's reopening plan begins with a transition period during which some health restrictions, like limits on gatherings, will loosen.

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Best Sports Cars. Advertise with Forbes. Report a Security Issue. Uruguay’s approach to the pandemic, which involved as few restrictions as possible, has also engendered a sense of complacency, AFP report, and the country is in a similar situation to Argentina where, despite strict restrictions in the country, many are flouting Full coverage and live updates on the Coronavirus.

"Together with Shaw, we will be able to deliver next-generation connectivity to communities across Western Canada faster than either company could alone, helping to create jobs and attract investment," Natale said. "We are engaged in working with the regulatory bodies as they review the transaction, and we continue to expect the deal to close in the first half of next year."

The $26-billion purchase, including debt, will also help expand 5G across country, the company said.

Meanwhile, as travel restrictions slowly eased compared with a year ago, Rogers collected more roaming revenue in the quarter.

While that was partially offset by lower overage earnings due to the roll out of unlimited data plans, those plans have also helped keep churn rates — the number of customers leaving — low, the company said.

Also, late payment fees have been at record lows as consumers have been paying their bills on time, Staffieri noted.

The company said it earned 60 cents per diluted share in the quarter, up from 54 cents per share a year earlier.

Adjusted profits were $387 million or 76 cents per share, compared with $310 million or 60 cents per share in the second quarter of 2020.

This report by The Canadian Press was first published July 21, 2021.

Companies in this story: (TSX:RCI.B, TSX:SJR.B)

Brett Bundale, The Canadian Press

BritBox Streaming Service Accidentally Overbilled Subscribers by $750 .
Subscribers of BritBox, the U.K.-backed streaming service, got the worst kind of surprise on Friday when their monthly fee was increased by more than $750. A small percentage of BritBox subscribers in the U.S. and Australia were accidently overcharged for their monthly fee, which is usually $6.99 a month. They were instead billed a whopping $757. "We are aware that a small percentage (a fraction of 1%) of our subscribers in the United States and Australia experienced an overcharge by our billing vendor yesterday," BritBox said in a statement. "We took immediate action to correct the mistake by contacting all affected BritBox subscribers and issuing them refunds.

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