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 […]
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 […]
Days after getting new owners TV Guide is back on the block. It would be the fourth change in control during the last decade for TV Guide. Last week, the Macrovision Solutions Corporation completed a $2.8 billion takeover of Gemstar-TV Guide, the magazine's publisher. The new owner has made clear that it is interested in […]
ITV has been fined £5.675 million (E7.12m) by Ofcom over the of premium-rate phone lines scandal – nearly three times the previous record sanction against a UK broadcaster. The chairman of Ofcom’s content sanctions committee, Philip Graf, said: “ITV programme makers totally disregarded their own published terms and conditions and Ofcom codes. Further, there was […]
Italian broadband operator Fastweb reduced its net loss and added clients in the first three months of the year and left open the possibility it will bid for Italian rival Tiscali. The net loss narrowed 47 percent to E11 million from a year ago. EBITDA rose 15 per cent to E112.5 million as sales rose […]
France Telecom posted first-quarter sales of E13.03billion, up 1.4 per cent year-on-year, with EDITDA up to E4.79 billion from E4.66 billion. Finance director Gervais Pellissier also confirmed the group was still interested in acquiring Nordic operator TeliaSonera, but added no negotiations were currently taking place
Deutsche Telekom posted first quarter net income almost doubled at €924m, thanks in part to the sale of its media and broadcast unit to French group TDF, with revenue slipping 3.1 per cent to E15 billion.
Virgin Media has relaunched its news channel with a range of multimedia content produced by The Press Association. The channel will feature video clips, video news packages and dedicated campaign sites for key events throughout the year in addition to giving users access to a three month archive of Press Association news.
SES-Astra looks certain to give up on marketing the Entavio 'platform' direct to the German public. Instead it will work more closely with Premiere. “The offer was not attractive enough, there is too much overlap with Premiere Star,” said CFO Mark Rigolle. The introduction of the Entavio platform has always been controversial, politicians and consumer […]
From David Del Valle in Madrid Sogecable is launching Digital Plus Movil, the mobile version of its digital DTH platform, to all Orange’s 3G customers. The initial offer is composed of 27 TV channels from all TV genre, including, from May 8th, a specific channel dedicated to bullfighting, Canal + Eventos Movil. Amongst the channels […]