The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Earnings

Earnings: Gemstar-TV Guide Q3 Revs Rise 7 Percent; Income Cut in Half on Higher Costs

  • Comments Comments (View)
  • Text Size: A A

Gemstar-TV Guide has announced Q3 revenues of $159.6 million, a 7 percent increase over last year’s $148.9 million. Excluding a one-time $115 million gain, the company earned $8.2 million, down 53 percent from last year’s $17.5 million. The company cited an increase in marketing costs at the TV Guide Network as well as a large consumer marketing push across all platforms for the decline. Some highlights:

Guidance Technology and Solutions: Segment revenue grew 20 percent to $68.3 million. Patent licensing agreements with BSkyB (NYSE: BSY) and Sky Italia were major contributors to the increase.

Media Networks: Revenues grew 4 percent to $50.6 million, thanks to 84 percent growth at Online Networks and flat revenue at the TV Guide Network.

Publishing: Lower subscriber revenue and a shorter quarter pushed segment revenue down 6 percent to $40.6 million, which is still 25 percent of the total business. Losses were partially offset by increased ad pages and better newsstand revenue.

Release | Webcast

Nov 1, 2007 3:07 PM ET

Posted In: Money, Earnings, gemstar-tv guide

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Barnes & Noble (Paid) Barnes & Noble (Paid)
1. An Amish Wedding
2. The Hunger Games (Hunger Games Series…
3. Practical Magic
4. Catching Fire (Hunger Games Series…
5. The Double Comfort Safari Club (No.…
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff