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China Digital TV Q1 up 84%

Chinese conditional access (CA) systems provider China Digital TV Holding has announced its unaudited financial results for Q1 2008, with net revenues reaching $17.4 million, up 65.7 per cent year-on-year but down. Net income for the quarter came to $11.4 million, up 84.1 per cent year on year but down 11.5per cent quarter on quarter. […]

May 19, 2008

ONO E8m profit in the first quarter

From David Del Valle in Madrid Spain’s largest cable company ONO reported a profit of E8 million for the quarter against a E13 million loss for the same period last year. EBITDA amounted to E164 million, up 10.6 per cent, with total revenues reaching E400 million, 75 per cent of them from the residential business. […]

May 19, 2008

blinkx posts loss

Video search engine blinkx posted a net loss of $3.2 million for the six months to end-March on revenues of $3.6 million, but said it is ahead of plan in its move towards profitability. blinkx said content hours have more than tripled since its IPO in May 2007 to 26 million from 7 million, and […]

May 16, 2008

Eutelsat strong Q3

Eutelsat, the world’s third-largest satellite operator, reported an 8.9 per cent rise in third-quarter and raised its full-year guidance. Sales rose to E223.9 million euros ($346.2 million), compared with an average forecast for turnover of E217 million. Eutelsat said it had decided to raise its full-year sales target. It was now aiming for sales of […]

May 16, 2008

Intelsat Q1 up 11%

Intelsat reported for the three-month period ended March 31, 2008 with revenue of $572.7 million and a net loss of $412.7 million which included $313.1 million in restructuring and transaction costs incurred in connection with the February 4, 2008 acquisition of all of the equity ownership of its parent, Intelsat Holdings Ltd., by Intelsat Global, […]

May 16, 2008

RTL hit by ad decline

Pan European broadcaster RTL, owner of Channel Five, has admitted that the TV advertising market in the UK has been tough in the first quarter of 2008, as it reported an overall drop in underlying revenue of 2.9 per cent to E1.323billion. RTL said that its German broadcasting business had performed well, while the UK […]

May 8, 2008

Viacom on song

Viacom's quarterly net profit rose 33 per cent, beating Wall Street forecasts, on strong sales of the 'Rock Band' video game and higher advertising revenue at MTV Networks. The company said it has seen no slowdown yet in US advertising, temporarily addressing concerns that the credit crisis will lead to an advertising recession. First-quarter profit […]

May 7, 2008

Liberty subs pressure, more buy backs

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, […]

May 6, 2008

Virgin arrests churn, Sky back?

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 […]

May 6, 2008

DirecTV nets 275K subs in Q1, more buybacks

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 […]

May 6, 2008