Time Warner, the world’s largest media company by sales, posted improved quarterly earnings and revenue but forecast slower growth in 2008. Revenue rose 2 per cent to $12.6 billion, and net income of $1.03 billion. The last three months of 2007 were the first to be reported under Jeff Bewkes, who took over as CEO […]

ViaSat reported quarterly and year-to-date revenues of $152.1 million and $427.2 million, respectively, for the third quarter. In addition, the satellite networking company said that pre-tax earnings were up 83 per cent for the quarter and 26 per cent year-to-date. Third quarter earnings reflect significant margin improvement in both government and commercial products,” said ViaSat […]

Branislav Pekic from Rome Sky Italia has closed the second quarter with an operative profit of $62 million, an increase of $74 million in comparison to the loss of $12 million registered in the same period last year. The positive result was mostly due to the increase of subscribers, with more than 400,000 new subscribers […]

Spanish cable operator ONO improved margins and costs in the last part of 2007, with fourth-quarter core earnings up 7.3 per cent to E162 million. Operating cash flow turned positive over the year thanks to more efficient management, ONO said, coming in at E106 million after an outflow of E32 million euros in 2006. Average […]

Satellite TV contributed to video customer gains for AT&T in the fourth quarter. The telco giant’s IPTV platform also gained a significant number of new subscribers during the three-month period. On satellite TV, AT&T said it was serving 2.116 million bundled dish customers at the end of December. That’s up from the 1.986 million customers […]

Thanks largely to stronger-than-expected global PC sales, Microsoft reported $6.48 billion in profit for the holiday quarter on sales of $16.37 billion, beating analyst estimates. Chief Financial Officer Chris Liddell raised the company's sales and profit targets for the next two quarters — a sign that unlike Wall Street, Microsoft expects a comfortable start to […]

Narrowstep, the internet tv provider, says revenues for the three months ended November 30, 2007 increased by $571,571, or 49 per cent. The company says the increase in quarter-to-date and year-to-date revenue resulted primarily from the addition of new customers while focusing on retaining its larger and more profitable customers. Operating costs for the quarter […]

Guangdong Telecom says it will invest another RMB5 billion (E0.46bn) to expand IPTV services. Guangdong began to deploy IPTV in the second half of 2004. It later tested the IPTV system of mainstream manufacturers in early 2005 and arranged a bidding for the IPTV programme at the end of 2005, which benefited about 100,000 users. […]

UK STB maker Pace Micro posted strong profits for the second half of 2007, and said it was confident of meeting full-year 2008 expectations. The company, currently in the process of buying Philips Electronics set-top box business for a reported E95 million, reported a net profit of £14.4 million (E19.3m) for the seven months, compared […]

CA and DRM specialist NDS has released its operating results for the quarter ended December 2007. Total revenue for the three-month period was $214.9 million, an increase of 30 per cent over the corresponding period of the previous year. For the six-month period ended December, 2007, revenue was $419.8 million, an increase of 28 per […]