Netflix added more than three million subs to its DVD delivery and film streaming service and promised more exclusive content deals as it reported a doubling of first-quarter profits. The additions mean the company has drawn level with Comcast, the largest cable television operator, with 23.6 million subscribers to its video service. And it is […]
AT&T added 218,000 subscribers to its U-verse TV IPTV service in the first quarter of 2011 to reach a total of 3.2 million, with more than three-quarters of those taking a triple or quad-play package. AT&T reported that its U-verse deployment now reaches 28 million living units, with a 26.1 per cent year-on-year growth in […]
Dutch telco KPN added 58,000 subscribers for its IPTV service Interactieve TV in the first quarter of 2011, reaching a total of 360,000. KPN lost 13,000 subscribers for its DTT TV service Digitenne in the first three months of this year to bring the total to 882,000, meaning the telco had an overall TV subscriber […]
Virgin Media grew its turnover 5.7 per cent to £982 million (€1.13bn) in the first quarter and ARPU was up 2.6 per cent YonY to £46.16 (though this was down on Q4 2010). However the company added only 20,200 new subscribers, 47 per cent down on Q1 of 2010, and the TV service added just […]
Subhash Chandra’s Zee Entertainment Enterprises put on an impressive 48.8 per cent net profit for its Q4 period (to March 31st). The broadcaster’s shareholders have approved buying back up to 25 per cent of the company’s stock, at prices up to 126 Rupees a share. The quarter’s revenue growth rose 22.9 per cent on the […]
Google’s UK advertising income is expected this year to exceed that of ITV, Britain’s leading commercial TV broadcaster. Google’s Q1/2011 UK revenues were almost $1 billion (£593m). Its UK revenues are growing at a steady 25 per cent per quarter, and on this basis could top $5.2 billion this year, or more. Even after discounting […]
Google has reported an 18 per cent rise in first-quarter profit, disappointing analysts who are concerned over the company’s aggressive expansion strategy and extravagant spending. Google’s first-quarter earnings of $2.3 billion, for the quarter ended 31 March came in below analyst projections as the Internet giant accelerated recruitment hiring and spending in other areas, driving […]
French IPTV technology company Netgem more than tripled its international revenue to €12 million in the first quarter, compared to €3.6 million in the year-earlier period. The company reported €25.7 million of consolidated revenue. This compares to €43.3 million in the first quarter of 2010, when it banked a large one-off middleware licence payment it […]
State-owned broadcaster RTVE ended its first year without ad revenue with a deficit of €47.1 million – a sum roughly the same as the amount it claims the telecos and private broadcasters are side stepping in the levy system set up to compensate it for the loss of airtime sales. RTVE has accused commercial broadcasters […]
Shares in dominant UK CE retailer Dixons Retail plunged as much as 20 per cent after it said annual profits would be at the bottom of market expectations. The company, which owns Currys and PC World, said profits for the year to the end of April would be about £85 million, compared with forecasts of […]