TIVO REWINDS INTO A BIG LOSS

TiVo, the company whose name was once synonymous with digital video recorders, reported on Tuesday that it lost 223,000 subscribers in its last quarter, the second-worst quarter for subscriber losses that it has ever experienced. The company reported a loss of $34.4 million during the quarter versus a loss of $9.9 million for the comparable [...]

NETFLIX SAYS IT’S NOW “PRIMARILY A STREAMING COMPANY”

Netflix, the online DVD renter said on Wednesday that it is growing faster than even it had anticipated and now expects to have 19.7 million subscribers signed up by the end of the year, up from its previous forecast of 17.7 million to 18.5 million, making it a serious rival of cable TV. In an [...]

NBC’S QUARTERLY RESULTS: NOW THE GOOD NEWS

While on the surface it appeared that NBC Universal experienced another weak fiscal quarter with a 15-percent decline from the same period a year ago, company executives were quick to point out today (Friday) that things were not so bad as they appeared — and that in fact, the quarter represented a big lift in [...]

DISNEY’S PROFITS SOAR 40 PERCENT

The combination of Toy Story 3, Iron Man 2 and Alice in Wonderland 3D lifted Walt Disney Co.’s third-quarter profits 40 percent, according to the company’s quarterly earnings report, beating analysts’ forecasts by a wide margin. Income rose to $1.3 billion from $954 million during the comparable period a year ago. Revenue rose 16 percent [...]

AVATAR LIFTS NEWS CORP 11.2 PERCENT IN 2009

Led by outstanding results at its Fox News and FX cable networks, which saw operating income soar 31 percent during its fourth quarter versus a year ago, News Corp beat analysts’ expectations as it reported profits of $875 million for the quarter, compared with a loss of $203 million for the comparable quarter a year [...]

UNIVISION HAS ITS BEST QUARTER EVER

Univision’s coverage of the World Cup lifted its second-quarter profits to record heights, it said Tuesday. The Spanish-language broadcast network reported net profit of $35.3 million versus a loss of $27.7 million during the comparable quarter a year ago. In fact, the soccer telecasts made Univision the No. 1 network among all broadcast networks with [...]

LOW RATINGS AT CNN? NO MATTER. IT’S PROFITS STILL RISE

Despite numerous reports about its falling ratings in primetime, CNN’s profits rose to a historical high in 2009, and the cable news network is projecting profits for 2010 to rise even higher. As the National Journal reported on Saturday, CNN earns only about 10 percent of its revenue from domestic primetime programs, and it continues [...]