BSkyB records net loss due to ITV write-down
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British pay-TV giant BSkyB on Wednesday posted a net loss in the first half of its financial year as the group booked a hefty charge on the dwindling value of its 17.9-percent stake in broadcaster ITV.
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Vodafone reports a Â£14.9bn loss - a record for a UK firm - after writing down the value of assets.
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DirecTV reported a net loss of just over $1 billion in the quarter ended September 30th, compared to a loss of $23 million in the same period last year.
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The maker of digital video recorders reported a net loss of $17.7 million in the second quarter, which included an $11.2 million inventory write-off.
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Programmes screened by a string of British channels were under a cloud Friday amid claims that they breached guidelines on premium rate phone lines to television shows.
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AT&amp;T on Thursday reported a $7.1bn third-quarter loss because of an $11.4bn writedown of its assets after its retreat from consumer services and other restructuring charges.
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Broadcaster BSkyB warned today of a possible pounds 20m hit to profits if a row with Virgin Media leads to its basic channels being pulled from the cable network.
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Digital video recorder maker TiVo  Inc. on Wednesday reported a loss that was weighed down by an  inventory writeoff, swinging back from a small profit reported  in the first quarter of this year.
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The Kerry Packer-backed Challenger Financial Services Group has reported its first net loss since incorporating, impacted by a massive writedown of goodwill.
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Business & money: ITV is bracing itself for a penalty of up to Â£2.8m for the GMTV call-TV scandal.
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Gozo Channel Ltd has successfully reduced its financial loss-making from almost Lm1 million to Lm27, 000.
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The recording company reported a first-quarter loss of $16 million, hurt by higher expenses and an impairment charge.
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Satellite broadcaster BSkyB has posted a drop in first-half profits owing partly to set-up costs for its new broadband Internet service.
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Pay-TV company BSkyB&#39;s closely-watched first-quarter subscriber figures have beaten forecasts, providing much-needed breathing room for Chief Executive
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The head of the British Broadcasting Corp. announced budget cuts Thursday that will lead to a net loss of 1,800 jobs.
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ITV, the nation's biggest commercial television network, announced Wednesday that net profit declined last year and it forecast further falls in crucial advertising revenues.
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The Cablevision Systems Corporation, the countryâs third-largest cable operator, reported a loss of $23.9 million last quarter.