Sirius Satellite Radio reported a narrower third-quarter loss and recorded a 50 per cent increase in new subscribers ahead of its planned combination with larger rival XM Satellite Radio. Sirius reported a loss of $120.1 million (E83.2m) for the three months ended September 30, compared with a loss of $162.9 million in the year-ago period. […]
NDS has announced its results for the first quarter ended September 30, 2007. Revenue for first quarter was up 25 per cent to $204.9 million (E142m) and operating income for first quarter was up 31 per cent to $58.3 million Commenting, Dr. Abe Peled, Chairman and Chief Executive Officer of NDS said, “Our business has […]
Virgin Media says proposals by BSkyB to resolve concerns over its stake in ITV do not go far enough. The satellite broadcaster has offered to surrender some voting rights over a portion of its 17.9 per cent holding to address concerns raised by the Competition Commission. But Virgin Media insists that Sky should offload the […]
The head of Hulu, the new online video joint venture between NBC Universal and News Corp has predicted that television companies will follow the film industry's lead, by releasing programmes simultaneously around the world. Jason Kilar, chief executive of Hulu, which launches in a test phasethis week, said the explosion of online video made it […]
Two US Senators have called for a congressional hearing to investigate allegations that phone and cable companies are stifling communications over the Internet and on mobile phones. Sens. Byron Dorgan, and Olympia Snowe, said the incidents involving several companies, including Comcast, Verizon Wireless and AT&T, have raised serious concerns over networks “power to discriminate against […]
Video search engine blinkx has reported positive financial results for the period ended 30 September 2007. Gross profit for the first half of 2008 was $2.2 million (E1.5m), with a gross margin of 74 per cent and daily searches have grown by 280 per cent. Suranga Chandratillake, founder and CEO of blinkx, said: “We are […]
The BBC’s commercial arm, BBC Worldwide, is to launch a further 30 channels internationally, as well as a high-definition (HD) outlet and an on-demand service in the US, as part of its aggressive expansion plan. The launches, which will be based on four thematic brands – BBC Entertainment, BBC Knowledge, BBC Lifestyle and children’s outlet […]
One of the best-known cable networks in the US is demolishing a 16-year-old brand in a bold bid to become even bigger. Court TV will become “truTV” in one of the biggest marketing makeovers in cable history. The network will abandon Court's logo and its primetime “Seriously Entertaining” tag line in favour of a new […]
UK Radio chiefs have given warning that the Government's failure to settle on a date to switch off analogue radio is “crippling the industry”. They claim that carmakers will not take digital radio seriously and that investment in digital by radio groups will come to a halt unless a clear plan is drawn up. Andrew […]
SES has reported on its financial performance for the three months ended 30 September 2007. Revenue was E406.9 million. Operating profit was E175.9 million and Net profit was E138.8million Romain Bausch, President and CEO of SES, commented: “Despite the introduction of additional satellite capacity via the move of ASTRA 2C to 28.2 degrees East, the […]