Intelsat reported revenue of $621.1 million and a net loss of $102.6 million for the three months ended March 31, 2010. “First quarter 2010 performance was as anticipated in light of the previously reported events that are restraining our growth in the first half of 2010,” said Intelsat CEO, David McGlade. “Our confidence in our […]

Hungarian telco Magyar Telekom has reported it now has 677,932 customers for its pay-TV services delivered within its home market via IPTV, cable and satellite – up 34 per cent from one year previously. This makes it the second largest pay-TV operator in Hungary. The telco said that it had 78,980 IPTV customers in Hungary […]

Eutelsat Communications has reported a strong revenue growth in the third quarter and the nine months ending March 31st, 2010. Expansion HD services and increased satellite capacity helped nine-month revenues reach E776.3 million, while third quarter revenues touched E268.3 million after a 13.4 per cent rise. Commenting on the Group’s third quarter 2009-2010 revenue, Michel […]

Dish Network has reported that first-quarter profit declined as increased operational and legal costs overshadowed a rise in subscribers. Net income fell to $230.9 million from $312.7 million a year earlier. Revenue rose 5.2 per cent to $3.06 billion. Dish added 237,000 net new subscribers in the quarter. DirecTV said last week that it had […]

International cable operator Liberty Global has reported a first-quarter profit – its second in a row after five consecutive quarterly losses – on a $1.4 billion gain from discontinued operations. The company saw record subscriber growth for Internet and telephone services in Europe. Chief Executive Mike Fries said the company saw strong demand for its […]

ITV has reported an 8 per cent year-on-year increase in TV ad revenue in the first three months, and is predicting a World Cup-fuelled 22 per cent surge in the second quarter, but has warned that the outlook in the second half remains “highly uncertain”. ITV chief executive Adam Crozier, giving his first management update […]

Europe’s biggest commercial broadcaster RTL Group expects to see results improving this year compared with 2009 after it posted strong first-quarter earnings thanks to a recovery in TV advertising markets. Compared to a weak first quarter in 2009, most of the Western European TV advertising markets recorded robust growth during the first quarter 2010, with […]

DirecTV reported an increase in first quarter 2010 revenues of 14 per cent to $5.61 billion, operating profit before depreciation and amortization of 44 per cent to $1.58 billion and a more than doubling of operating profit to $956 million compared to last year’s first quarter. DirecTV reported that first quarter net income more than […]

News Corp sales and operating income got a big boost in the quarter to March 31, thanks to blockbuster movie Avatar. News Corp. reported that filmed entertainment operating income rose 76 per cent, to $497 million, thanks to the highest grossing film of all time. Total revenue at parent group News Corporation was $8.8 billion […]

Time Warner enjoyed the most profitable quarter in its history thanks to an ad recovery and strong movie performance. Net income rose to $725 million, up from $660 million in the prior period. Revenue was up 5 per cent, to $6.3 billion, for the quarter, the company’s biggest gain in almost two years. Time Warner’s […]