Sales decreased to E5.2 million for the three-month period ended June 30, 2008. The company reported a net loss of E0.8 million for the quarter. Private Media Group CFO Johan Gillborg said that during the first quarter of 2008, restructuring plans were developed in response to the shift of the Company’s business model from traditional […]

During January to June, the UK watched 2.4 billion broadcast TV ads a day, an average of 42 per person. Within BARB's total figure, commercial impacts are also up for key advertiser audiences. ABC1s are watching nine per cent more TV ads and 16 to 34s are watching three per cent more. The figures, published […]

Nearly a quarter (23 per cent) of TMT companies are forecasting growth of more than 20 per cent over the next three years, and almost than two-thirds (62 per cent) are forecasting growth of more than 10 per cent. In addition, an overwhelming majority of CFOs (80 per cent) are confident that their companies will […]

With this transaction, the first for its Home Business Unit, NXP's existing set-top box (STB) and digital TV (DTV) operations will be combined with Conexant's BMP business. NXP's Home business unit adds high-performance STB system solutions for satellite, cable and IP STB, expanding its existing portfolio in terrestrial STB, IP STB and DTV. The acquisition […]

Nearly a quarter (23 per cent) of TMT companies are forecasting growth of more than 20 per cent over the next three years, and almost than two-thirds (62 per cent) are forecasting growth of more than 10 per cent. In addition, an overwhelming majority of CFOs (80 per cent) are confident that their companies will […]

The outfit, of which Liberty Media owns a controlling interest, reported earnings of $455 million on second-quarter revenue of $4.8 billion. DirecTV's revenue jumped 16 per cent from the $4.1 billion it recorded in the second quarter of 2007, though quarterly profits grew only 2 per cent from the $448 million from a year ago. […]

Although the subscriber loss meant lower installation costs for Dish, which helped lift its second-quarter profit above expectations, analysts said that the customer loss boded ill for the company's growth prospects. Dish said it lost a net 25,000 subscribers during the second quarter. A year ago, Dish added 170,000 subscribers in the second quarter. The […]

Meanwhile, Premiere is hoping to convert the thousands of pirate viewers illegally viewing the service into legitimate subscribers through a new campaign. The platform, currently in the final stages of a card swap out programme aims to use “special distribution channels” to target the non-payers.

As in the first quarter, fluctuating exchange rates and changes in the composition of the Group had a considerable impact on the development of results in the first six months. Reported revenue declined by three percent to E30.1 billion. On an organic basis, i.e. adjusted for exchange rate effects and changes in the composition of […]

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. […]