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Comcast profit, but getting tougher

Comcast has reported quarterly profits of $588 million excluding one-time gains, compared with $537 million last year. Last year, Comcast posted a $300 million gain from the dissolution of a…

NDS revenue up 20%

NDS announced operating results for the quarter ended March 31, with revenue for Q3 up 20 per cent to $213.3 million; whilst operating income rose 21 per cent to $43.3…

TW spins out cable, income slides

Announcing Q1 results Time Warner's CEO Jeff Bewkes finally confirmed the company's intention to spin off TE's 84 per cent stake in Time Warner Cable, the country's second-largest operator. But…

ONO on the up

From David Del Valle in Madrid Spain's largest cable company ONO is financially performing well. The operator ended the year with an EBITDA of E642 million, up 14.9 per cent…

Intelsat revenue up, still losses

Intelsat has reported record annual revenues of $2.183.1 billion for 2007. But the satellite operator still recorded a net loss of $192 million. In Q4 it posted record revenues of…

GridNetworks raises additional capital

GridNetworks, provider of managed Internet television delivery services, has announced that Cisco Systems has made an investment as a strategic investor in GridNetwork's first round funding. With this latest investment,…

Highwinds raises $55m

Highwinds Network Group, a multi-platform IP services and content distribution provider, has closed a $55 million round of equity financing led by General Catalyst Partners and Alta Communications. The financing…

TiVo Q4 loss narrows

Digital video recorder maker TiVo reported a narrower Q4 loss, beating expectations as it cut marketing costs and pushed its high-definition product. Its net loss decreased to $6.4 million from…

ITV profit downs, shares up

ITV lost £58 million from the call-TV crisis last year, as tumbling revenues from premium-rate services contributed to a 5 per cent decline in income and a 35 per cent…

RTL profits fall

RTL Group, Europe’s biggest broadcaster, posted a 37 per cent decline in 2007 profit because of one-time charges including a cartel fine in Germany and comparisons to 2006 when earnings…