Cablevision Systems swung to a profit in the third quarter helped by additions to its Internet and phone subscribers during the period. The company had a net profit of $27.1 million, compared with a loss of $79.3 million a year ago. Revenue grew 15.4 percent to $1.745 billion partly bolstered by the additions of Newsday […]
DirecTV Group, America’s largest DTH operator with over 17 million customers, has reported that Q3 earnings rose 14 per cent, fuelled by growth in subscribers, higher prices and lower capital expenses. “We are in a tough economy and a competitive environment,” Chief Executive Chase Carey said in a conference call with analysts. But business has […]
International cable operator Liberty Global has reported a 17 per cent increase in third-quarter sales. Operating cash flow, which the company considers its key operational measure, rose 27 per cent to $1.17 billion in the quarter, helped by factors including organic growth and foreign exchange movements. Revenue was $2.65 billion from $2.26 billion, and Net […]
Russia's biggest web portals with three million daily users, is to lay off half its staff according to reports from Russia. The cuts are to come from non-core brands such as Rambler Telecom, Rambler-Foto and Rambler Vision and could affect as many as 255 staff. This is fallout from the Russian FAS anti-trust authority's decision […]
Belfast-based media group UTV, owner of TalkSport, has criticised Channel 4 for pulling out of the 4Digital consortium, saying its decision has scuppered the launch of any digital radio services for the “foreseeable future.” UTV said it was surprised by Channel 4’s move to pull out of launching digital radio services on a new multiplex […]
Numericable, is deploying Juniper Networks M- and T-series routing platforms, Integrated Security Gateway (ISG) platforms and FW/VPN security appliances for its next-generation network. This IP-based network will provide a secure and reliable platform for the converged delivery of Voice, Internet, and cable TV across a single network. Numericable is one of the first European cable […]
RTL Group Q3 figures show revenue steady at E4.05 billion and EBITDA profits up slightly to E577 million. The company said TV advertising market conditions were very mixed in the reporting period with Germany and the Netherlands reporting positive growth. Elsewhere, net TV advertising markets were down year-on-year with Spain and France reporting the most […]
UKTV has rolled out an integrated management system across its broadcast portfolio, resulting in company-wide benefits – including implementing its ambitious network rebrand without bringing in extra staff and freeing up time to further craft its 10 channels’ schedules. Following a development and implementation process the new broadcast management system ‘OnAir’ from SintecMedia replaced two […]
Video search engine blinkx has formed a partnership with ExitReality, the company 'that converts the Web into three dimensions.' Users of ExitReality will now have access to millions of hours of Internet video to view and share in 3D spaces, courtesy of blinkx. Gartner analysts have predicted that 80 per cent of all active Internet […]
Irish pay-TV operator Setanta has called in headhunters to find a chief executive for its Great Britain operation following the departure of Mark O’Meara. O’Meara and commercial director Mark Mohan, who have run the GB business while being primarily based in Ireland, stepped down in September. …..