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DirecTV doubles operating profit

DirecTV reported an increase in first quarter 2010 revenues of 14 per cent to $5.61 billion, operating profit before depreciation and amortization of 44 per cent to $1.58 billion and…

FCC 'will' control US broadband

The FCC considers broadband service a sort of hybrid between an information service and a utility and that it has sufficient power to regulate Internet traffic under existing law, despite…

News profit up on 3D

News Corp sales and operating income got a big boost in the quarter to March 31, thanks to blockbuster movie Avatar. News Corp. reported that filmed entertainment operating income rose…

TW profit flies

Time Warner enjoyed the most profitable quarter in its history thanks to an ad recovery and strong movie performance. Net income rose to $725 million, up from $660 million in…

Sirius 19m subs

The first quarter 2010 report from Sirius XM showed that the satellite radio provider closed March 31 closed with 18,944,199 subs, up approximately 2 per cent from the 1Q09, though…

CNN and CBS revive talks

CNN, part of Time Warner, and CBS News have rekindled discussions to strike a news-gathering partnership for the third time over the last 13 years. A partnership would aim to…

CME begins recovery

Central European Media Enterprises (CME) had revenues of $143.641 million for the first quarter, an increase of 5 per cent on the period in 2009. The net loss eased by…

Ziggo backs Pirate Bay

Dutch ISP Ziggo, the country's largest, is facing court action for its refusal to block subscriber access to Swedish BitTorrent tracker site The Pirate Bay. It insists that it's simply…

Sky deal makes others gamble

BSkyB and Ofcom have reached an interim agreement on how to handle the period of Sky's appeal to the Competition Appeals Tribunal for Ofcom's wholesale price regulation order to be…

C4 Lygo goes to ITV

ITV announced the appointment of Kevin Lygo as Managing Director of ITV Studios. Adam Crozier, new Chief Executive of ITV, said: "A clear outcome of the ongoing strategy review is…