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. […]
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 group reported revenues of $850.1 million, an increase of 20 per cent over the previous year, while operating income rose 21.8 per cent by the same comparison to reach $195.4 million. The number of active devices protected by NDS conditional access technology hit 90.3 million at the end of last June, whilst there were […]
The acquisition of Optibase’s digital video and streaming business for 2.6 million Scopus shares amounts to 19 per cent of its share capital. The deal increases Optibase’s stake in Scopus from 36.6 per cent to 46 per cent. The companies did not disclose the price of the deal, put on the basis of Scopus’ current […]
“I’m guessing the investments will be in the region of $100 million, and we will launch the channels within 12 months,” Murdoch told reporters. “All these channels will be under the STAR brand.”
Ono added 41,000 new net clients on to its TV service during Q2, with 31,000 for broadband and 14,500 for the telephony area. As of June 30th the operator had 1,052,000 television subscribers, 16.4 per cent more than a year ago. Ono’s triple play offering the operator also took a step forward with 619,000 clients, […]
Net income totalled $336 million for the quarter, compared with $224 million during the corresponding period in 2007. Basic earnings per share were $0.75 for the quarter, compared with basic earnings per share of $0.50 during the corresponding period in 2007. The service lost approximately 25,000 net subscribers, ending the quarter with approximately 13.79 million […]