Virgin Media lost 37,000 customers in the last three months of 2006, according to a financial statement released by the company today.It telephony service had 64,300 net fewer subscribers, with Virgin Media putting this down in part to competitive pressure.Broadband saw strong growth in the number of subscribers, with net additions of 78,100 in the… Continue reading Virgin Media Loses Customers

Virgin Media saw its revenue increase to £1,081.6 million in the fourth quarter of 2006, up from £1,024.9 million in Q3. Year on year revenue growth in Q4 was £597 million, which Virgin Media says is due to the merger with Telewest and the acquisition of Virgin Mobile. Consumer revenue in the fourth quarter of… Continue reading Virgin Media Records Q4 2006 Revenue Increase

The imminent restructure of Emap’s consumer business will see jobs cut, according to Emap Consumer Media CEO Paul Keenan. Speaking at today’s MediaTel Group Future of Magazines seminar, Keenan said that the changes would see Emap stop doing a number of processes, which will in turn lead to job losses. However, Keenan stressed that the… Continue reading Job Losses To Come At Emap’s Consumer Business

All future episodes of the BBC cookery programme Saturday Kitchen will be broadcast live after the Corporation admitted that viewers were asked to phone in for a show they had no chance of appearing on.Viewers were asked to call in for a chance to appear on the next week’s show. However, the show was being… Continue reading Saturday Kitchen Goes Live After Phone-In Mistake

The BBC Trust has provisionally approved the launch of the Freesat service, which would give viewers free digital television via satellite.The Trust said that the service would create significant public value by giving licence fee payers an additional way to access digital television.The Trust decided that a Freesat service would have a positive impact by… Continue reading BBC Trust Approves Freesat Service

Emap, owner of Heat and Magic FM, has in the past few days been surrounded by rumours concerning an imminent restructure, with many at the company fearing job cuts.Emap is holding meetings with its staff over the coming days to discuss matters which arose from its operational review, announced in November, which examined the consumer… Continue reading Emap Restructure Could Face Seminar Spotlight

Virgin Media has disputed Sky’s claims that it has offered significant concessions and a new annual price of 90 pence per subscriber for the carriage of its basic channels.The two companies are negotiating over the price paid by Virgin Media to carry the basic Sky channels, which include Sky One and Sky Sports News (see… Continue reading Virgin Media Disputes Sky Price Claim

The secretary of state for trade and industry, Alastair Darling, has asked Ofcom to review BSkyB’s acquisition of a 17.9% stake in ITV, with reports in the trade press claiming that the review could be widened to include all of Rupert Murdoch’s UK media assets. The review is to ascertain whether the Sky purchase “raises… Continue reading Darling Orders Investigation Of Sky/ITV Deal

Former director general of the Confederation of British Industry, Sir Digby Jones, could lead a bid to buy 47 of Trinity Mirror’s Midlands based newspapers. The titles include the Birmingham Post and 46 other local papers, including the Birmingham Mail and the Coventry Evening Telegraph. Sir Digby is quoted in today’s Financial Times as saying… Continue reading Digby Jones Could Buy Trinity Mirror’s Midlands Papers

The US satellite radio company XM saw its revenue for 2006 increase 67% year on year to $933 million. The company also added 1.6 million new net subscribers in 2006 for a total of 7.6 million subscribers. Hugh Panero, XM CEO, said: “2006 was a pivotal year for XM. The automobile market is emerging as… Continue reading XM Radio Records Revenue Increase