Operating income for News Corp is expected to rise by a more moderate four to six per cent in fiscal 2009, compared with a mid-teens percentage range for 2008. Revenue at Fox Interactive Media, which includes the popular MySpace Internet social network, is expected to rise by about 30 per cent in 2009, executives said. […]
Overall revenue at ITV grew by 3 per cent in the six months to June 30th. However, the company expects total TV advertising revenue to fall by 1 per cent over the eight months to August, before declining by 20 per cent in September. Shares in ITV fell 12.5 per cent to 40.5p in early […]
Controlled by US cable pioneer John Malone, Liberty Global reported net income of $428 million, or $1.11 per share in the second quarter ended June 30th, compared with a net loss of $129.7 million, or 34 cents per share a year earlier. Revenue rose 25 per cent to $2.73 billion, from $2.18 billion a year […]
The report by market research firm Parks Associates found a majority of consumers with a video-capable mobile phone have never used the video features. For example, 56 per cent have never watched a video clip using a mobile phone. These low usage rates are discouraging for operators hoping to boost revenues through new TV and […]
France Telecom's Orange is making a full-frontal assault on the IPTV market in Spain in an attempt to snatch market share from Telefónica , whose IPTV service Imagenio currently counts 575,000 subscribers. To this end, the company has launched a promotional offer that includes free of charge for two months the package Paquete Plus from […]
Despite the rosy picture, full digital conversion is only expected in four (Finland, France, Ireland and the UK) of Western Europe’s 15 major broadcast countries. Adam Thomas, Informa’s Media Research Manager, said: "While cable will remain the region’s leading pay TV platform, the satellite subscriber base is eating into its dominance. Satellite’s much higher ARPU […]
The service, free to DirecTV customers, will deliver four channels – all in HD – of Tournament coverage, including three unique channels that will focus on a featured group each day, featured holes and a new offering called ';Players In Depth'.
The company affirmed its full-year financial targets after revenue rose at its film, cable and networks segments. Time Warner also took legal and tax steps that make it possible to split its AOL online business and sell it in parts. The New York-based media conglomerate said net income fell to $792 million from $1.07 billion […]
While prime-time programmes can attract about 1.5 million people and deliver mass audiences to advertisers, viewer numbers will fragment as broadcasters run their new high-definition and standard-definition channels, said David Wiadrowski, the lead partner for communication and entertainment at PwC. He predicted the channels would need to invest more in content to retain audiences, putting […]
Virgin Media, which has Britain's highest broadband speeds and reaches more homes than its rivals, said it lost 19,500 net customers in the normally weak second quarter, taking the total of residential customers on its cable network to 4.74 million. Underlying operating profit rose 6 per cent to £333 million thanks to incremental cost cuts […]