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 […]

Verizon has announced it has now over one million subscribers to its fibre FiOS IPTV service. In Q4 2007, the service gained 226,000 customers, for a year-end total of 943,000. The company is now the tenth largest provider of television services in the US. Launched in September 2005, FiOS TV offers hundreds of digital video […]

MPEG-4 technology specialist Neotion has received a capital injection of E6 million. The prime investor is General Satellite Corporation (GSC), a fast-growing digital television receiver manufacturer. GSC has a strong presence in what Neotion describes as Strategic Emerging Markets where MPEG-4 is set to spread rapidly, including Europe, Eastern Europe and Russia, where the positioning […]

German broadcaster ProSiebenSat.1 said adjusted core earnings more than doubled in the third quarter mainly thanks to the acquisition of SBS broadcasting. Earnings before interest, tax, depreciation and amortisation rose to E124.8 million. As expected by the company, a E120 million fine imposed by Germany’s cartel office for anti-competitive practices in the marketing of advertising […]

Avail Media, provider of IPTV and advanced media services to broadband operators, has closed the final tranche of a $25 million Series B equity round. First time investor Valhalla Partners joined Columbia Capital, Novak Biddle Venture Partners, and Pioneer Ventures in the round. The financing, along with $5 million in debt financing from a strategic […]

Digital video recorder maker TiVo has reported a narrower quarterly loss as its revenue and subscriptions increased, and it issued a forecast that was more optimistic than estimates. The net loss was $8.24 million, for its fiscal third quarter compared with a loss of $11.1 million, a year earlier. Revenue rose to $75.5 million from […]

Spotzer Media Group, provider of multi-media video advertising campaigns, announced the closing of a E10 million financing led by Sierra Ventures of Menlo Park, California. European Directories, operator of leading yellow page publishers in nine countries, also invested. Spotzer will primarily use the new capital to extend its innovative rich media advertising services into the […]