The Guardian
trending topics
Close Box

Register now

Our next conference: paidContent 2012, March 1 in NYC.


Earnings

Liberty Media Profits, Revs Rise, Boosted By QVC

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

In keeping with the general trend of cable companies getting through the recession largely unscathed, Liberty Media (NSDQ: LINTA) posted solid revenues and profits in Q1, thanks in large part to healthy performance at shopping network QVC. Meanwhile the Starz unit was a bit mixed. The Starz group’s revenue was up a decent 3 percent to $307 million,while adjusted OIBDA fell 1 percent to $103 million, That decline was blamed on higher sales and marketing costs tied to the cable property’s Spartacus: Blood and Sand production, which was shown in January.

In addition to those expenses, the Starz and Encore nets experienced average subscription unit decreases of 5 percent and 3 percent, respectively.

EPS* Rev. vs Q109 Net Inc. vs Q109
LINTA Release N/A Revenue Indicator 11% Net Income Indicator 15%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
May 7, 2010 9:42 AM ET

Liberty Media Headquarters Photo: AP Images


Posted In: Entertainment, Media & Publishing, TV, Cable & Telecom, Money, Earnings, Companies, Adobe, Liberty Media

(Page 1 of 1)


The Bestsellers

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

1. Static HTML: iframe tabs
2. Static Iframe Tab
3. CityVille
4. Texas HoldEm Poker
5. BandPage by RootMusic
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