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 […]
Virgin Media has announced revenue increased 6.4 per cent year on year in the third quarter to £978 million (€1.11bn) and that it would roll out superfast 100Mb broadband from December with pre-registration for the service opening today. Virgin Media claims that 13 million homes will have the potential to access the 100Mb service as […]
SES says that all its revenue and core profit metrics are being maintained. Indeed, its year-on-year quarterly results are most impressive, with this latest quarter’s revenues up 11.4 per cent on 2009’s numbers. However, SES managed to exclude business from its ND Satcom subsidiary, which it sold earlier this week, in its 9-month results announcement […]
LoveFilm has lowered its pre-tax loss to £934,000 (E1.06m) in 2009, from £7.4 million in 2008, as revenues increased by one third. The online film rental service reported its paying subscriber base was up 29 per cent in 2009 across its markets in the UK, Germany, Norway, Denmark, and Sweden, boosting revenues by 32.9 per […]