Time Warner Cable has posted a 22 per cent rise in quarterly profit as the company added more Internet customers. The No. 2 US cable television operator’s profit growth and increasing return of cash to shareholders was offset with its continuing loss of TV customers during the quarter. Fourth-quarter net profit rose to $392 million […]
Digital set-top box maker Humax has posted W1 trillion in sales ($1=W1,116). Humax CEO Byun Dae-gyu said that the company achieved sales of W285 billion in the fourth quarter last year, leading to annual revenues of W1.005 trillion. “The sales feat was mainly thanks to our bold approach to overseas markets since our establishment,” Byun […]
The Netherland’s KPN revealed it had 1.197 million TV customers for its IPTV and DTT services at the end of 2010, up 22 per cent year-on-year. The numbers were unveiled with financial results posting fourth quarter revenues of €3.371 billion, up 0.5 per cent, and EBITDA of €1.359 billion, up 4 per cent. Revenue for […]
BSkyB releases its latest set of results on January 27th and analysts are forecasting further growth of some 150,000 net new customers. Numis Securities’ Paul Richards expects the pay-TV broadcaster to have moved well beyond the 10m subscriber mark achieved last November, and with HDTV now performing strongly for the company Numis expects pre-tax profits […]
French IPTV STB manufacturer Netgem has reported consolidated sales down 9 percent to €27.7 million in the fourth quarter of 2010, with French revenues down 21 per cent to €21.4 million and international sales up 1.8 times to €6.3 million. Over the full year, Netgem’s revenues grew by 3 per cent to €134.9 million, including […]
RGB Networks, the leader in high-capacity three screen video delivery solutions, today announced its outstanding company and financial achievements for 2010, which position the company for continued success in 2011. RGB achieved record growth in 2010 with a 60 percent increase in shipments over 2009 and was profitable in the year. The company ended 2010 […]
Staffan Pehrson, Ericsson’s VP and head of their Solution Area TV division, described this past year as generating “extraordinary levels of business” for the company, perhaps still best remembered as Tandberg Television. Pehrson said the company’s order book is full after a “tremendous” 2010, with growth exceeding forecasts and expectations. While not revealing any hard […]
Despite a slew of licensing deals with cable companies and this week’s iPad app announcement, TiVo is still struggling to turn around its losses. The company posted a net loss of $20.6 million for the quarter, up on a loss of $6.4 million during the same period a year ago. Revenue for the quarter dropped […]
German financial regulators have ruled that Sky Deutschland, the German pay-TV company now controlled by News Corp, had misstated its 2007 accounts. Germany’s Bafin regulator found Premiere – Sky Deutschland’s name before the News Corp full takeover – had inflated the number of subscribers, overstated its value and failed to inform investors of risks connected […]
ITV blames the after effects of last year’s Susan Boyle boom in traffic for a year-on-year decline in ITV.com’s video viewing figures for the first nine months of 2010. ITV.com’s video views fell by 6 per cent. The broadcaster revealed that average monthly video views have fallen by about 1 million year on year in […]