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Pace profits up

UK set-top box maker Pace said strong demand for high-definition pay TV helped it beat market expectations for 2008 and significantly raise expectations for 2009. The company, which makes devices…

TiVo narrows losses, new partnerships

Digital video recorder maker TiVo has reported a narrower quarterly loss than a year ago as cost cuts helped offset a 20 per cent decline in revenue. Although subscriber growth…

Virgin Q4 "resilient", content drags

British cable operator Virgin Media posted fourth-quarter revenue and operating cashflow in line with forecast, and said it had continued to show good resilience in the face of the downturn.…

ITV offloading Freeview business?

ITV is reportedly considering selling digital television business, SDN, up for sale as it weighs its options to raise extra funds. The broadcaster’s executive chairman, Michael Grade, is finalising plans…

OpenTV profits

OpenTV has announced financial results for its fourth quarter and full year ended December 31st, 2008. OpenTV moved from a $5.2 million net loss in 2007 to a $9.6 million…

Virgin content on block again?

Virgin Media is expected to begin the sale of its content division within weeks hoping to raise £500m (E567m). The sale would include Virgin’s 50% stake in UKTV the JV…

Positive results for Telenet

Shares in Belgian cable company Telenet rose 5 per cent high after the group reported 2008 earnings above market expectations and forecasts strong growth in 2009. Telenet ended 2008 with…

Chernin leaves News, Murdoch Jnr in?

The departure of News Corporation's long serving COO Peter Chernin could lead to James Murdoch moving to join his father in the US sooner than many expected.Chernin, who has run…

Court rules against France Telecom on soccer

A French commercial court has told France Telecom to stop linking subscriptions to its Orange Foot soccer channel exclusively to its broadband packages. Rival broadband providers Iliad and Neuf Cegetel…

Losses grow at Liberty Global

Liberty Global posted a fourth quarter net loss of $752.6 million compared to a net loss of $197.2 million for the same period last year. The company's losses grew despite…