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 […]

Highwinds Network Group, a multi-platform IP services and content distribution provider, has closed a $55 million round of equity financing led by General Catalyst Partners and Alta Communications. The financing will fund the infrastructure build-out of Highwinds' RollingThunder network, including a content delivery network offering. Highwinds' RollingThunder network was unveiled in conjunction with an announcement […]

Digital video recorder maker TiVo reported a narrower Q4 loss, beating expectations as it cut marketing costs and pushed its high-definition product. Its net loss decreased to $6.4 million from a year-earlier $19.5 million. TiVo is trying to drive sales of its $299 TiVo HD box rather than the free, standard-definition offer from a year […]

RTL Group, Europe’s biggest broadcaster, posted a 37 per cent decline in 2007 profit because of one-time charges including a cartel fine in Germany and comparisons to 2006 when earnings were boosted by asset sales and tax gains. Net income dropped to E563 million from E890 million euros. Sales rose 1.2 per cent to E5.71 […]

ITV lost £58 million from the call-TV crisis last year, as tumbling revenues from premium-rate services contributed to a 5 per cent decline in income and a 35 per cent slide in pre-tax profits. The UK broadcaster has reported revenues of £2.08 billion (E2.79bn) in 2007, down 5 per cent on £2.18 billion the year […]

The total of subscribers in France and its overseas departments and territories and Africa, came to 5.3 million at December 31, 2007, representing an annual net increase of 80,000. The Canal+ 'Le Bouqeut' package recorded 715,000 new home and institutional subscriptions, its best performance in 20 years. The cancellation rate for home subscriptions in France […]