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Sony Profit Plummets 94 Percent

October 26, 2006

TOKYO, October 26: Second-quarter profit at the Sony Corporation plummeted 94.1 percent to 1.7 billion yen ($14 million), due in large part to the recall of the company’s laptop batteries. The company posted revenues of 1.85 trillion yen ($15.7 billion), …

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Triple-Play Offering Drives RGU Gains at Comcast

October 26, 2006

PHILADELPHIA, October 26: Comcast Corporation’s triple-play bundling of cable, high-speed Internet and telephony services helped drive third quarter revenues up 22 percent to $6.4 billion, with an operating income that was up 46 percent to $1.2 billion. Announcing the results, …

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MGM Adds TV Classics to iTunes Lineup

October 26, 2006

LOS ANGELES, October 26: Metro-Goldwyn-Mayer Studios (MGM) has made The Addams Family, the animated Pink Panther series and the sci-fi classic The Outer Limits available for purchase and download on the iTunes Store. The deal covers 22 half-hour episodes from …

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Ofcom to Allow Sponsorship of Channels

October 26, 2006

LONDON, October 26: British media regulator Ofcom has said that it will amend its Broadcasting Code to allow for the sponsorship of commercial television channels and radio stations. The U.K. has allowed individual programs to be sponsored for the last …

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TV Azteca Net Income Increases 16 Percent

October 26, 2006

MEXICO CITY, October 26: TV Azteca has announced its third quarter results, with revenues up 7 percent to Ps. 2,342 million ($218.4 million) and profit up 16 percent to Ps. 487 ($45.4 million). “We achieved outstanding revenue as a result …

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CASBAA Launches Mobile TV Group

October 25, 2006

HONG KONG, October 25: The Cable & Satellite Broadcasting Association of Asia has launched the CASBAA Mobile Group, consisting of several of the organization’s members, including Turner Broadcasting, STAR and Nokia, that will work to further the development of mobile …

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TEN Teams with BigPond for Downloads of New Drama

October 25, 2006

SYDNEY, October 25: Network Ten’s new drama series Tripping Over will be available for online download following its television broadcast on the BigPond Movies site. Launched today, the six-episode series will be available as an ad-free download on bigpond.com. Each …

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E! Announces New Asia Pacific Mobile Deals

October 25, 2006

HONG KONG, October 25: At CASBAA today, E! Networks announced mobile deals with Foxtel by Mobile and Vodafone in Australia, joining the company’s other wireless partners in the region, including Telecom New Zealand, 3 Australia and StarHub Singapore. E!’s managing …

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Report: BBC, Sky Dominate British Mobile Content Market

October 25, 2006

SAN FRANCISCO/LONDON, October 25: BBC One and Sky Sports are the most-watched mobile TV channels in the U.K., according to the research firm Telephia, with 33 percent of all mobile TV/video viewers having watched BBC One, followed by 29 percent …