The popularity of BSkyB’s HD services has exceeded analysts’ expectations with 428,000 households signing up for Sky+ HD in the first quarter, a 76 per cent year-on-year increase. BSkyB added 62,000 net new customers in the three months to the end of March. BSkyB now has a total subscriber base 9.77 million. Average revenue per […]

Orange's pay-TV services reaching 3.39 million subscribers across all markets by the end of March, up from 3.217 million at the end of 2009 and up 34 per cent year-on-year. Orange sports and Orange cinema series channels having a combined total of 713,000 customers by the end of the period (up from 363,000 one year […]

Virgin Media has added a net total of 38,300 new cable subs – the largest number since it was formed by the merger of NTL and Telewest four years ago, and above analysts’ expectations. Virgin said that the growth in net households added, which compares with just 7,100 for the same period last year, was […]

Video advertising company FreeWheel has raised $16.8 million in funding from Disney's Steamboat Ventures, and existing investors, including Turner Broadcasting System, Battery Ventures, and Foundation Capital . This brings the company's total funding to nearly $30 million. Founded by former DoubleClick employees in 2007, FreeWheel allows marketers and publishers to manage video advertising campaigns across […]

Netflix’s stock rocketed past $100 a share – a doubling in three months – after the company reported another phenomenal quarter. The online movie rental company logged a 44 per cent surge in first-quarter profit on a 25 per cent jump in revenue. Even more impressive, the company gained a net 1.7 million subscribers in […]

SES, the world’s second-largest satellite operator, cut its forecast for 2010 revenue and core profit growth after weaker-than-expected first-quarter results. SES, which sells transmission capacity to the likes of BSkyB, Canal Plus, Premiere and NBC, said the delay of a satellite launch and the reduction in revenue from another satellite meant it had to cut […]

From David Del Valle in Madrid ONO, Spain's dominant MSO that recently completed a major debt restructure, is now planning an IPO to raise further fresh capital. CEO Rosalia Portela said and IPO later this year might raise E700-E1 billion and the company would also look to tap the bond market for further funds. The […]

Virgin Media, the UK's sole significant cable operator, is completing its long road to restructuring its debt taken on through consolidation. Eamonn O'Hare, finance director, says scheduled repayments have been reduced from £4.8 billion (E5.5bn) by 2012 to £325 million by 2013, and there is no single payment over £200 million before 2015. He says […]

Netflix’s first-quarter income rose 44 per cent as the movie subscription service added 1.7 million more customers. The service has picked up more than 5 million subscribers in the past 18 months as more households are embracing Netflix’s DVD-by-mail and Internet video packages. Netflix ended March with nearly 14 million subscribers and expects to add […]

An upturn in online advertising helped profits at Internet firm Yahoo almost treble in the three months to the end of March. Net profit rose to $310 million from $118 million in the same period a year ago. The company’s takings were helped by its search and advertising partnership with Microsoft and sale of the […]