French media giant Vivendi posted a loss in the fourth quarter as falling stock markets forced it to write down the value of its stake in film and television powerhouse NBC Universal. Vivendi reported a net loss of E1.38 billion in the fourth quarter after writing down its 20 per cent stake in the joint […]

Dish Network has reported its fourth-quarter profit rose 24 per cent, but the second placed US DTH provider lost more than 100,000 subscribers. Dish Network earned $217 million for the three months ended December 31st, up from $175 million a year earlier. Sales rose 1 per cent to $2.92 billion from $2.89 billion. During the […]

Deutsche Telekom, Europe's biggest telco, reported a fourth-quarter loss on an impairment charge and announced an overhaul of management and its structure to cut costs and increase market share. The loss narrowed to E730 million from E750 million a year earlier.

UK set-top box maker Pace said strong demand for high-definition pay TV helped it beat market expectations for 2008 and significantly raise expectations for 2009. The company, which makes devices for BSkyB, Canal + and Comcast posted adjusted pretax profit of £28.5 million (E31.7m) on sales of £745.5 million, and said it was paying its […]

Digital video recorder maker TiVo has reported a narrower quarterly loss than a year ago as cost cuts helped offset a 20 per cent decline in revenue. Although subscriber growth slowed, the company cut subscriber acquisition costs. TiVo said it is focused on having plenty of cash to weather the challenging economy. TiVo’s net loss […]

Shares in Belgian cable company Telenet rose 5 per cent high after the group reported 2008 earnings above market expectations and forecasts strong growth in 2009. Telenet ended 2008 with 609,000 digital TV homes, The total number of its cable TV homes, both analogue and digital, hit 2,402,000 thanks in part to the acquisition of […]

Liberty Global posted a fourth quarter net loss of $752.6 million compared to a net loss of $197.2 million for the same period last year. The company's losses grew despite adding subscribers, increasing revenue and generating more money from operations at its cable systems in 15 countries in Europe, Asia and South America. For the […]

British cable operator Virgin Media posted fourth-quarter revenue and operating cashflow in line with forecast, and said it had continued to show good resilience in the face of the downturn. Virgin Media said it had made 15,000 net new customer additions in the quarter, compared with 24,000 a year ago, and sold 185,500 products of […]

OpenTV has announced financial results for its fourth quarter and full year ended December 31st, 2008. OpenTV moved from a $5.2 million net loss in 2007 to a $9.6 million profit in 2008 on revenues of $116.5m against $110m in 2007. "2008 marked the first profitable year in OpenTV's history. We exceeded both our revenue […]

Comcast Corporation, America's largest cable TV provider, said that its fourth-quarter earnings fell 32 percent, hit by a $600 million write-down of its investment in the Clearwire Corporation, the wireless technology provider. Comcast's revenue and adjusted earnings were ahead of estimates, however, helped by growth in Comcast's video segment. In the fourth quarter Comcast earned […]