Pressure from low priced DTH and IPTV services in its Central European markets dragged on Liberty's UPC cable net results for Q1 with the loss of 57,000 video subscribers. Nonetheless other measures were strong with total RGU bas up 7 per cent or 1.6m since March last year, 348,000 RGUs were added in the quarter, […]

UK's Virgin Media added 4,900 net new customers for its services in the first quarter and said better customer retention and stabilising revenue per customer left it positioned for growth. “Our first-quarter results represent another solid operational performance. In particular, churn continued to decline, reflecting the emphasis that we have placed on this area,” commented […]

DirecTV netted 275,000 customers during the three-month period, taking its customer count past the 17 million mark. DirecTV cited its ongoing HD programming push for part of the success, with CEO Chase Carey saying the company’s strategy “of offering the best television experience to higher quality customers continues to drive superior financial results.” In addition […]

News Corp’s social-networking website MySpace failed to hit its revenue target this year as advertisers struggle to judge the commercial value of making on-line friends. News Corp revealed that its Fox Interactive Media arm, which includes MySpace, will miss its goal of an 80 per cent increase in revenue by “about 10 per cent”. The […]

Comcast has reported quarterly profits of $588 million excluding one-time gains, compared with $537 million last year. Last year, Comcast posted a $300 million gain from the dissolution of a cable partnership with Time Warner Cable. Revenue was up 14 per cent to $8.39 billion in the latest quarter. Revenue rose as people spent more […]

NDS announced operating results for the quarter ended March 31, with revenue for Q3 up 20 per cent to $213.3 million; whilst operating income rose 21 per cent to $43.3 million. The company also revealed it now has distributed 86.9 million active digital TV smart cards and has 83.1 million cumulative middleware clients deployed. Commenting […]

Announcing Q1 results Time Warner's CEO Jeff Bewkes finally confirmed the company's intention to spin off TE's 84 per cent stake in Time Warner Cable, the country's second-largest operator. But no details were immediately given on how the Time Warner Cable stock would be separated. “We've decided that a complete structural separation of Time Warner […]

From David Del Valle in Madrid Spain's largest cable company ONO is financially performing well. The operator ended the year with an EBITDA of E642 million, up 14.9 per cent against 2006. The company has made a drastic cut in non-profitable divisions and has increased its ARPU with a rise of 6.8 per cent (E1,176 […]

Intelsat has reported record annual revenues of $2.183.1 billion for 2007. But the satellite operator still recorded a net loss of $192 million. In Q4 it posted record revenues of $575.5 million with a loss of $2.6 million. CEO Dave McGlade said: “In 2007, Intelsat demonstrated the ability to deliver revenue growth, improved operating profit […]

GridNetworks, provider of managed Internet television delivery services, has announced that Cisco Systems has made an investment as a strategic investor in GridNetwork's first round funding. With this latest investment, GridNetworks raised a total of $9.5 million financing. GridNetworks streams television and film content with HD clarity and high-fidelity sound to a computer or a […]