Friday
9th May 2008
Liberty
subs pressure, more buy backs
Pressure from low priced DTH and IPTV services in its
Central European markets dragged on Liberty’s UPC
cable net results for Q1 with the loss of 57,000 video
subscribers.
Nonetheless other measures were strong with total RGU
bas up 7 per cent or 1.6m since March last year, 348,000
RGUs were added in the quarter, 302,000 of them from existing
subs. Although there are major variations across the various
territories, average ARPU was across UPC Broadband was
E22.8 compared to E21.3 a year ago..................................................more
Virgin
arrests churn, Sky back?
UK’s Virgin Media added 4,900 net new customers
for its services in the first quarter and said better
customer retention and stabilising revenue per customer
left it positioned for growth.
"Our first-quarter results represent another solid
operational performance. In particular, churn continued
to decline, reflecting the emphasis that we have placed
on this area," commented Chief Executive Neil Berkett.
"Our results demonstrate that our customers are
continuing to respond positively to our compelling consumer
propositions. We remain focused on leading in next-generation
broadband and redefining the TV experience through on-demand."...................................................more
$110m
damages for MPAA from movie P2P
TorrentSpy which shut down a weeks ago, has been ordered
by a US Federal Judge to pay the Motion Picture Association
of America $110 million for infringement of thousands
of copyrighted film and TV shows.
The Judge entered the multimillion-dollar judgment against
TorrentSpy parent company Valence Media for wilfully inducing,
contributing and vicariously allowing copyright infringement
on its website....................................................more
DirecTV
nets 275K subs in Q1, more buybacks
DirecTV netted 275,000 customers during the three-month
period, taking its customer count past the 17 million
mark. DirecTV cited its ongoing HD programming push for
part of the success, with CEO Chase Carey saying the company's
strategy "of offering the best television experience
to higher quality customers continues to drive superior
financial results."
In addition to the subscriber gains, there was strong
APRU growth to $79.70, up from $73.40 reported for the
same quarter last year. Average monthly subscriber churn
fell to 1.36 per cent in the first quarter, compared to
1.44 per cent for the same period last year.The Group
said first quarter revenues increased 17 per cent to $4.59
billion, when compared to the same period last year. Net
income of $371 million jumped 10 per cent when compared
to first quarter 2007 numbers..................................................more
MySpace
misses as News Corp posts records
News Corp's social-networking website MySpace failed
to hit its revenue target this year as advertisers struggle
to judge the commercial value of making on-line friends.
News Corp revealed that its Fox Interactive Media arm,
which includes MySpace, will miss its goal of an 80 per
cent increase in revenue by "about 10 per cent".
The division had been predicted to generate up to $1 billion..................................................more
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