Sirius XM continued to add subs in Q3, tripling the net adds over the same quarter last year to 334,727 against 102,295 in Q309. That helped the satellite radio company hit 1,089,417 for the first nine months—a considerable turnaround from the loss of 488,126 in the same period last year. The final Q3 subscriber tally […]
Germany‘s largest cable operator Kabel Deutschland (KDG) is looking to issue more shares. Bankers Morgan Stanley supports the move. Indeed, in a note to investors the bank says the cable giant has “robust prospects” and advises clients to stay ‘overweight’ given its forecast of a 16 per cent upside to its E31 a share target […]
Sogecable-owned Digital Plus, continues losing subscribers with a drop of 24,523 in only two months ending August. It now has 1,760,320 subscribers with an ARPU of E41.7. The company, which reported an EBITDA of E189 million, claims to have reduced its churn rate “for the fifth consecutive month.” Over the last months, Digital Plus […]
TiVo, the digital video recorder maker, has reported a narrower loss than expected thanks to a pick-up in sales for its new Premiere recorder, but forecast a wider-than-expected net loss in the fiscal third quarter. The company said it expects a net loss in the range of $19 million to $21 million for its fiscal […]
Kabel Deutschland, Germany's largest cable-television operator, said its full-year loss narrowed as more customers added Internet and phone services to their TV subscriptions. The net loss for the 12 months through March 31st was E45.3 million compared with E144.3 million a year earlier. Sales rose 9.6 per cent to E1.5 billion. “We are confident that […]
Selling shows overseas including Doctor Who, as well as the sale of formats of The Office, Top Gear and Strictly Come Dancing etc, have helped BBC Worldwide to record profits this year of around £140 million (E162m). The figure, described by the corporation as an “indicative guidance”, is a significant improvement on last year’s £103 […]
From David Del Valle in Madrid Spain's largest cable company, ONO, ended the first quarter of the year with a net profit of E17 million, up 39.4 per cent, on a lower total turnover of E372 million, down 4.1 per cent. As of March 31, ONO had 1.904 million clients, of which 1.7 million are […]
Video search-and-ads firm blinkx nearly doubled its income last year – but cost still outpaced revenue for a significant loss. Suranga Chandratillake CEO and founder says blinkx is well-positioned in the fast-growing space – it's got 720 content providers, its video searches are up 169 per cent to 22.6 million a day and the number […]
Blip.tv, the video Web site, said that it had raised another $10.1 million in funding, its third round of venture investment since it debuted in 2005. The company said it would use the latest funding to “accelerate the growth of the independent Web shows that Blip.tv hosts and distributes.” The company also hopes to expand […]
Telefonica has reported its first quarter net profit rose 2 per cent to E1.65 billion as revenue increased in Europe and Latin America. Overall revenue rose 1.7 per cent to E13.93 billion from E13.69 billion. The Spanish telco reported a total of 2.6 million customers worldwide for its pay-TV services by the end of the […]