Advanced Television

Business

Virgin hails Q3 upturn

Virgin Media added 13,000 new customers in the third quarter of the year, hailing a “significant turnaround” in its business. At the end of September it had an “on-net” customer base (the total number of subscribers to at least one of its cable services) of 4.8 million. Acting chief executive, Neil Berkett, said customer growth, […]

November 8, 2007

New Time Warner CEO

Dick Parsons is to step down as chief executive of media giant Time Warner. Parsons will be replaced by Jeff Bewkes, the company’s president and chief operating officer, on January 1st next year. Bewkes had been chief executive at HBO where he was credited with building it into a profit driver for the company with […]

November 7, 2007

57% of DTR owners regularly time-shift their viewing

Top Up TV has revealed the results of a customer survey that revealed 57 per cent of its customers regularly use their Digital Television Recorder (DTR) to time-shift more than 50 per cent of the programmes they watch. “Our customers are time-shifting more than ever before… People want their TV viewing to fit in with […]

November 7, 2007

US TV writers strike over web revenue

Film and TV writers are to stage their first strike for two decades, after last-minute talks failed. The WGA wants writers to receive a slice of the additional advertising revenue that studios make when TV shows are streamed over the Internet. It also wants an additional reward for creating bespoke digital content for the Internet […]

November 6, 2007

Murdoch junior: Sky+ exceptional

Satellite giant BSkyB won more new customers than anticipated in its first quarter but saw pre-tax profits fall to £121 million (E174m) in the three months to 30 September compared with £166 million last year. Revenue went up by 11 per cent on the comparable period to £1,185 million. The company said it had 939,000 […]

November 6, 2007

Tele 5 performs well; Antena 3 TV, so-so

From David Del Valle in Madrid Third quarter results for Tele 5 has reaffirmed the Mediaset-controlled channel as the most profitable in Spain, both in audience ratings and in profits. The company made a net profit of E262.8 million until September, 14.6 per cent more than the same period last year. Total revenues rose 10.0 […]

November 6, 2007

Napster posts losses

Music download service Napster has reported a narrower quarterly loss as revenue increased from new mobile phone-based and existing personal computer-based services. The digital company said its fiscal second-quarter net loss was $5.1 million, compared with a year-earlier net loss of $9 million. Revenue grew 24 per cent to $31.6 million from $25.5 million a […]

November 6, 2007

Abertis buys stake in Hispasat

Spanish infrastructure company Abertis has bought a 28.4 per cent stake in satellite operator Hispasat for E199 million. Abertis said it had made the purchase through its Abertis Telecom unit from Ensafeca Holdings and it will now control 37.3 per cent of Hispasat shares as it also holds an indirect holding through its 32 per […]

November 2, 2007

Consumer TV buoyed by FCC action

The Federal Communications Commission (FCC) has prohibited all television service providers from entering into or enforcing exclusive access provisions that block competitors from serving apartments, condominiums or other private real estate developments. “Millions of consumers live in apartments, condos or other private developments, and, until now, many of them have been denied the benefits of […]

November 2, 2007

IAC profit squeeze

IAC reported a 4.2 per cent drop in third-quarter net income amid higher costs as home-shopping channel HSN showed signs of a turnaround. IAC reported net income of $71.8 million, compared with $74.9 million, a year earlier. The latest quarter’s results included a $5.9 million gain related to the sale of Home Shopping Network Europe […]

November 1, 2007