Advanced Television

Business

DirecTV posts solid quarter

The outfit, of which Liberty Media owns a controlling interest, reported earnings of $455 million on second-quarter revenue of $4.8 billion. DirecTV's revenue jumped 16 per cent from the $4.1 billion it recorded in the second quarter of 2007, though quarterly profits grew only 2 per cent from the $448 million from a year ago. […]

August 11, 2008

Dish loses subs

Although the subscriber loss meant lower installation costs for Dish, which helped lift its second-quarter profit above expectations, analysts said that the customer loss boded ill for the company's growth prospects. Dish said it lost a net 25,000 subscribers during the second quarter. A year ago, Dish added 170,000 subscribers in the second quarter. The […]

August 11, 2008

Deutsche Telekom Q2 progression

As in the first quarter, fluctuating exchange rates and changes in the composition of the Group had a considerable impact on the development of results in the first six months. Reported revenue declined by three percent to E30.1 billion. On an organic basis, i.e. adjusted for exchange rate effects and changes in the composition of […]

August 8, 2008

News Corp Q4 strong, warns of a difficult ';09

Operating income for News Corp is expected to rise by a more moderate four to six per cent in fiscal 2009, compared with a mid-teens percentage range for 2008. Revenue at Fox Interactive Media, which includes the popular MySpace Internet social network, is expected to rise by about 30 per cent in 2009, executives said. […]

August 8, 2008

ITV shares slump

Overall revenue at ITV grew by 3 per cent in the six months to June 30th. However, the company expects total TV advertising revenue to fall by 1 per cent over the eight months to August, before declining by 20 per cent in September. Shares in ITV fell 12.5 per cent to 40.5p in early […]

August 8, 2008

Liberty Global Q2 profits

Controlled by US cable pioneer John Malone, Liberty Global reported net income of $428 million, or $1.11 per share in the second quarter ended June 30th, compared with a net loss of $129.7 million, or 34 cents per share a year earlier. Revenue rose 25 per cent to $2.73 billion, from $2.18 billion a year […]

August 8, 2008

Time Warner profits drop

The company affirmed its full-year financial targets after revenue rose at its film, cable and networks segments. Time Warner also took legal and tax steps that make it possible to split its AOL online business and sell it in parts. The New York-based media conglomerate said net income fell to $792 million from $1.07 billion […]

August 8, 2008

Virgin Media beats profit expectations

Virgin Media, which has Britain's highest broadband speeds and reaches more homes than its rivals, said it lost 19,500 net customers in the normally weak second quarter, taking the total of residential customers on its cable network to 4.74 million. Underlying operating profit rose 6 per cent to £333 million thanks to incremental cost cuts […]

August 8, 2008

Premiere Q2 loss, targets pirates

Meanwhile, Premiere is hoping to convert the thousands of pirate viewers illegally viewing the service into legitimate subscribers through a new campaign. The platform, currently in the final stages of a card swap out programme aims to use “special distribution channels” to target the non-payers.

August 8, 2008

NDS reports fiscal year, goes private

The group reported revenues of $850.1 million, an increase of 20 per cent over the previous year, while operating income rose 21.8 per cent by the same comparison to reach $195.4 million. The number of active devices protected by NDS conditional access technology hit 90.3 million at the end of last June, whilst there were […]

August 8, 2008