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 […]

Central European Media Enterprises (CME) had revenues of $143.641 million for the first quarter, an increase of 5 per cent on the period in 2009. The net loss eased by 5 per cent to $42.294 million. Adrian Sarbu, president and CEO of CME, said: “We have rebuilt CME as a vertically integrated media and entertainment […]

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 […]

The first quarter 2010 report from Sirius XM showed that the satellite radio provider closed March 31 closed with 18,944,199 subs, up approximately 2 per cent from the 1Q09, though according to CEO Mel Karmazin the company passed the 19 million last week. The vast majority of the company’s subscribers (approximately 11.4 million in Q1) […]

Time Warner Cable's first-quarter net income rose to $214 million, compared with $164 million a year earlier. Free cash flow rose 78 per cent, to $652 million, as it lowered capital spending. Revenue rose 5.4 per cent, to $4.6 billion, during the quarter. The cable company was also helped by a rebound in advertising sales, […]