Liberty Global has swung to a third-quarter profit — its third quarterly profit in the past year after a string of losses. The company benefited from changes in currency values and growth in Western Europe. Subsidiary UPC strengthened its operations in western Europe, has seen revenue grow as more customers subscribe to bundles of two […]
News Corp has reported revenue in its fiscal first quarter was $7.43 billion, up from $7.2 billion in the previous year. Net income was $775 million up from $571 million last year. Rupert Murdoch chairman said, “Our global cable network programming business continues to lead News Corporation’s financial and operational momentum.” Meanwhile, MySpace, the social […]
By any measure Paris-based Eutelsat’s latest numbers (for its Q1 to Sept 30) are impressive. Overall revenues are up 12.9 per cent to €285.6 million, while all its divisional metrics are also in extremely positive territory. Video is up 8.1 per cent, Data and value-added revenues are up 23.5 per cent and Eutelsat’s “multi-usage” division […]
DirecTV has reported an increase in third quarter 2010 revenues of 10 per cent to $6.03 billion, operating profit up 10 per cent to $1.48 billion up on $868 million in last year’s third quarter. DirecTV reported third quarter net income increased 31 per cent to $479 million. “For the fourth consecutive quarter, DirecTV achieved […]
Discovery Communications’ earnings jumped in the third quarter, riding a robust advertising market. Net income increased 98 per cent to $186 million, from $94 million a year ago. Net income from continuing operations was up 73 per cent to $161 million. Revenues rose 11 per cent to $926 million in the quarter. “Our ability to […]
Time Warner reported higher third quarter revenue, driven by strength in its networks segment, but net income fell as the company bought back some of its debt. Net income was $522 million down from $662 million. Adjusted operating income rose 5 per cent to $1.4 billion. Revenues rose 2 per cent to $6.4 billion. “Our […]
Microsoft has announced a 51 per cent rise in first-quarter profit on higher sales of its Windows and Office software. Net profit for the three months to September came in at $5.4 billion. Revenues increased by 25 per cent to $16.2 billion – a record for the first quarter. Microsoft said that in the same […]
The US cable results season continues to confirm the establishment’s decline as a result of recession and competition. Comcast’s third-quarter earnings revealed the loss of 275,000 basic cable television subscribers. The losses were greater than most analysts expected, but Comcast, which is on the verge of acquiring NBC Universal, was able to exceed Wall Street’s […]
Earlier this week it was India’s Dish TV that was making headlines with its plan to raise another $200 million of capital. Today it is another Subhash Chandra-linked operation, Zee News Ltd (ZNL) that is in the news. Zee News on Oct 27 reported that it had posted a net profit of 2.24 million Rupees […]
Cablevision the biggest US cable provider said that its Q3 profits fell as customers cut back television services amid a weak economy and the growth of online video content. Net income at Comcast declined by 8.2 per cent to $867 million, down from $944 million, in the same period a year ago. “We are increasing […]