Top Up TV has revealed the results of a customer survey that revealed 57 per cent of its customers regularly use their Digital Television Recorder (DTR) to time-shift more than 50 per cent of the programmes they watch. “Our customers are time-shifting more than ever before… People want their TV viewing to fit in with […]
Film and TV writers are to stage their first strike for two decades, after last-minute talks failed. The WGA wants writers to receive a slice of the additional advertising revenue that studios make when TV shows are streamed over the Internet. It also wants an additional reward for creating bespoke digital content for the Internet […]
Satellite giant BSkyB won more new customers than anticipated in its first quarter but saw pre-tax profits fall to £121 million (E174m) in the three months to 30 September compared with £166 million last year. Revenue went up by 11 per cent on the comparable period to £1,185 million. The company said it had 939,000 […]
From David Del Valle in Madrid Third quarter results for Tele 5 has reaffirmed the Mediaset-controlled channel as the most profitable in Spain, both in audience ratings and in profits. The company made a net profit of E262.8 million until September, 14.6 per cent more than the same period last year. Total revenues rose 10.0 […]
Music download service Napster has reported a narrower quarterly loss as revenue increased from new mobile phone-based and existing personal computer-based services. The digital company said its fiscal second-quarter net loss was $5.1 million, compared with a year-earlier net loss of $9 million. Revenue grew 24 per cent to $31.6 million from $25.5 million a […]
Spanish infrastructure company Abertis has bought a 28.4 per cent stake in satellite operator Hispasat for E199 million. Abertis said it had made the purchase through its Abertis Telecom unit from Ensafeca Holdings and it will now control 37.3 per cent of Hispasat shares as it also holds an indirect holding through its 32 per […]
The Federal Communications Commission (FCC) has prohibited all television service providers from entering into or enforcing exclusive access provisions that block competitors from serving apartments, condominiums or other private real estate developments. “Millions of consumers live in apartments, condos or other private developments, and, until now, many of them have been denied the benefits of […]
The US House of Representatives has voted unanimously to extend a tax moratorium that was first adopted to promote US Internet access in the early days. The ban prevents local authorities from levying a number of potential Internet taxes, and is a victory for technology and telecommunications companies. While short of the permanent ban they […]
IAC reported a 4.2 per cent drop in third-quarter net income amid higher costs as home-shopping channel HSN showed signs of a turnaround. IAC reported net income of $71.8 million, compared with $74.9 million, a year earlier. The latest quarter’s results included a $5.9 million gain related to the sale of Home Shopping Network Europe […]
Alcatel-Lucent has posted Q3 net losses of E258m on revenue down 7.8 per cent year-on-year at E4.35 billion. The group says the integration plan has seen 5,000 jobs cut in the year so far, with the company on track to achieve synergy-related pre-tax savings of E600m this year. It is to cut a further 4,000 […]