Liberty Global posted a fourth quarter net loss of $752.6 million compared to a net loss of $197.2 million for the same period last year. The company's losses grew despite adding subscribers, increasing revenue and generating more money from operations at its cable systems in 15 countries in Europe, Asia and South America. For the […]

British cable operator Virgin Media posted fourth-quarter revenue and operating cashflow in line with forecast, and said it had continued to show good resilience in the face of the downturn. Virgin Media said it had made 15,000 net new customer additions in the quarter, compared with 24,000 a year ago, and sold 185,500 products of […]

OpenTV has announced financial results for its fourth quarter and full year ended December 31st, 2008. OpenTV moved from a $5.2 million net loss in 2007 to a $9.6 million profit in 2008 on revenues of $116.5m against $110m in 2007. "2008 marked the first profitable year in OpenTV's history. We exceeded both our revenue […]

Shares in Belgian cable company Telenet rose 5 per cent high after the group reported 2008 earnings above market expectations and forecasts strong growth in 2009. Telenet ended 2008 with 609,000 digital TV homes, The total number of its cable TV homes, both analogue and digital, hit 2,402,000 thanks in part to the acquisition of […]

Comcast Corporation, America's largest cable TV provider, said that its fourth-quarter earnings fell 32 percent, hit by a $600 million write-down of its investment in the Clearwire Corporation, the wireless technology provider. Comcast's revenue and adjusted earnings were ahead of estimates, however, helped by growth in Comcast's video segment. In the fourth quarter Comcast earned […]

Modern Times Group (MTG) reported revenues of SEK13.166bn (E1.22bn) for the year to December 2008, up 16% year-on-year. Group operating income after non-recurring items was SEK2.598bn, up 28%. The Viasat Broadcasting had revenue of SEK3.018bn in the fourth quarter, up 17% year-on-year. Nordic free-to-air channels turned in revenue of SEK1.053bn in the fourth quarter, up […]

Charter Communications said it had reached an agreement in principle with a debt holders committee on terms of a financial restructuring, to be done under Chapter 11 bankruptcy protection, to reduce Charter's debt by about $8 billion. The cable operator, controlled by Microsoft's co-founder, Paul Allen, said in a statement it would file for Chapter […]

French IPTV operator Iliad boosted ARPU for its Free service to E36.90 during the fourth quarter of 2008. The operator said its record ARPU figure to-date was partly down to the launch of new services, including the Multi-TV Freebox in September. It introduced two new high-definition channels, France 2 and M6, and HD content on […]

Israeli internet TV tech provider Tvinci has completed its first round of $1.6 million led by private investors. The Tel Aviv-based company is also looking for a second round in order to expand sales into other territories. Tvinci offers turnkey video customization tools to both mobile and pay-TV operators, and counts MSN and MTVN, including […]

Telenor Broadcast's Canal Digital added 12,000 DTH subscribers in the fourth quarter of 2008, ending the year with 1.113 million, down slightly from 1.131 million in 2007. The number of cable households increased by 5,000 in the three months to December 31, ending the year at 746,000, compared with 705,000 in 2007. Canal Digital posted […]