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 […]

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 […]

TeliaSonera had 867,000 TV subscribers, including 477,000 IPTV subscribers, at the end of last year. The IPTV base grew by 99,000 in the course of the year, while its overall TV subscriber base grew by 98,000. The company saw IPTV growth of 27,000 in the fourth quarter, including 4,000 in Sweden. Telia's Swedish IPTV base […]

Eutelsat has raised its revenue target for the full year after the world’s third-biggest satellite operator posted a 52.8 per cent increase in net profit over the first half of 2008-2009. Eutelsat said it now targeted sales of E910 million in full-year 2008-2009, up from a target of more than E900 million last confirmed on […]

News Corp-owned Italian pay-TV operator Sky Italia added 322,000 net subscribers in 2008 for a total subscriber base of 4.7 million. It reported second quarter operating income of US$10m down $52m year-on-year. New Corp said marketing cost of subscriber acquisition and increased sports programming costs hit net income. News Corp's operating income for the second […]