The first quarter 2010 report from Sirius XM showed that the satellite radio provider closed March 31 closed with 18,944,199 subs, up approximately 2 per cent from the 1Q09, though according to CEO Mel Karmazin the company passed the 19 million last week. The vast majority of the company’s subscribers (approximately 11.4 million in Q1) […]
Central European Media Enterprises (CME) had revenues of $143.641 million for the first quarter, an increase of 5 per cent on the period in 2009. The net loss eased by 5 per cent to $42.294 million. Adrian Sarbu, president and CEO of CME, said: “We have rebuilt CME as a vertically integrated media and entertainment […]
News Corp sales and operating income got a big boost in the quarter to March 31, thanks to blockbuster movie Avatar. News Corp. reported that filmed entertainment operating income rose 76 per cent, to $497 million, thanks to the highest grossing film of all time. Total revenue at parent group News Corporation was $8.8 billion […]
Time Warner enjoyed the most profitable quarter in its history thanks to an ad recovery and strong movie performance. Net income rose to $725 million, up from $660 million in the prior period. Revenue was up 5 per cent, to $6.3 billion, for the quarter, the company’s biggest gain in almost two years. Time Warner’s […]
Dutch ISP Ziggo, the country's largest, is facing court action for its refusal to block subscriber access to Swedish BitTorrent tracker site The Pirate Bay. It insists that it's simply a conduit to the Internet and shouldn't be forced to filter the results, especially considering there's no legal basis for such a request. “We are […]
BSkyB and Ofcom have reached an interim agreement on how to handle the period of Sky's appeal to the Competition Appeals Tribunal for Ofcom's wholesale price regulation order to be suspended. In essence, the terms of the WMO (Wholesale Must Offer) order are narrowed to specify, for now, the beneficiaries of lower prices as BT, […]
ITV announced the appointment of Kevin Lygo as Managing Director of ITV Studios. Adam Crozier, new Chief Executive of ITV, said: "A clear outcome of the ongoing strategy review is the importance of our in-house production arm to the future of ITV's business. "Kevin's appointment underlines our commitment to ensuring home-grown content stays at the […]
Time Warner Cable's first-quarter net income rose to $214 million, compared with $164 million a year earlier. Free cash flow rose 78 per cent, to $652 million, as it lowered capital spending. Revenue rose 5.4 per cent, to $4.6 billion, during the quarter. The cable company was also helped by a rebound in advertising sales, […]
The popularity of BSkyB’s HD services has exceeded analysts’ expectations with 428,000 households signing up for Sky+ HD in the first quarter, a 76 per cent year-on-year increase. BSkyB added 62,000 net new customers in the three months to the end of March. BSkyB now has a total subscriber base 9.77 million. Average revenue per […]
Orange's pay-TV services reaching 3.39 million subscribers across all markets by the end of March, up from 3.217 million at the end of 2009 and up 34 per cent year-on-year. Orange sports and Orange cinema series channels having a combined total of 713,000 customers by the end of the period (up from 363,000 one year […]