TiVo posted its second straight quarterly loss on Wednesday, but it was smaller than expected as the company reined in costs to offset sliding revenue and slowing user growth. The company said it swung to a net loss of $4.1 million from a profit of $3.6 million a year earlier. Revenue in the period, which […]

During the first three months of 2009 the “Chaînes Canal+” package commanded a 4.5 per cent share of French viewers, a 0.2-point increase from first-quarter 2008 that it says reflects the popularity of Canal+ Family and Canal+ Sport. The number of unique visitors to the new canalplus.fr website doubled to 2,354,000 in February, representing a […]

Europe’s largest entertainment group, Vivendi, has stood by its 2009 outlook said it was confident it could weather the global economic downturn as it posted a 16 per cent rise in first-quarter underlying earnings, slightly above expectations. The owner of NBC and Universal Music Group said it was on track to achieve its 2009 goals […]

From David Del Valle in Madrid The largest Spanish cable operator, ONO, ended the first quarter with a net profit of E12.06 million, 61.4 per cent up than the same period the previous year, in spite of the fact that its revenues fell by 3.2 per cent to E338 million and its subs dropped by […]

Sony has reported its first annual loss in 14 years, after being hit by a big drop in sales. It reported a loss of $1.04bn for the year to the end of March. The company blamed the global downturn and the strong yen for the loss. Worldwide sales were down 12.9%. It had previously announced […]

France’s Eutelsat, the world’s third-largest satellite operator, has raised its full-year revenue targets after posting a 5.6 per cent increase in third-quarter sales. The company said it now expected full-year sales of E925 million against E910 million previously forecast. The group had already raised its revenue guidance from E900 million to E910 million three months […]

ITV saw its revenues decline 14 per cent in the first three months of this year, and said it now intended to cut costs by a further £40 million (E46m) in 2010. The firm, which announced 600 job cuts two months ago, said revenues for the January to March period totalled £425 million, down from […]

Finishing up a dismal earnings season for media, News Corp reported a 70 per cent drop in net income to $300 million, excluding one-time events, and a 16 per cent drop in revenue to $7.37 billion for the quarter ended March 31st. Non-broadcast channels were the one bright spot with increased affiliate revenue for Fox […]

European broadcaster RTL said sales dropped 11 per cent in the first quarter due to a continued TV advertising slump and core profit shrunk more than 50 per cent on restructuring and start up costs. RTL, owned by media giant Bertelsmann, reported that revenue in the first three months of the year fell to E1.188 […]

US satellite TV provider Dish Network Corp has posted better than expected quarterly profit, despite losing 94,000 subscribers. Net income rose to $312.7 million from $258.6 million a year earlier. Revenue rose 2.1 per cent to $2.91 billion. Dish Network chairman Charlie Ergen, attributed the subscriber loss to the weak economic environment, as well as […]