Shaw Communications Inc., the country’s largest cable television provider, today announced its financial results for the first fiscal quarter ending November 30, 2011.
The company reported revenue for the three month period was $1.28 billion, up 19% over the same period last year. Operating income before amortization for the September to November time frame was $566 million, up 18% over the same period a year earlier.
Cogeco, the nation’s fourth largest cable provider, today announced its financial results for the fourth quarter and fiscal year ending August 31, 2011.
The company reported consolidated revenue of $375.4 million during the final quarter of the year, up 12.5% over the same period in 2010. Revenues for the entire 2011 fiscal year were $1.44 billion, up 9.2% from 2010.
In a broadcasting decision handed down yesterday, the CRTC has granted a request by Shaw Communications Inc., to strike down a 15 year old rule which required a structural separation between Shaw’s cable and satellite television operations.
Under the old rules, the federal regulator forced Shaw to have separate sales, marketing, and customer service staff for its StarChoice (now called Shaw Direct) and Cable division.
As Digital Home approaches its tenth anniversary in December, we’d like say happy anniversary to one of the most talked about consumer electronic devices on our website over the last decade. Happy 10th Anniversary to the Personal Video Recorder (PVR) in Canada!
The first PVR in Canada, the Bell ExpressVu Model 5100 was released on August 8th, 2001. In the orginal press release, Bell described the 5100 as a satellite receiver that had the ability to pause real-time television programs and “tapelessly” record almost 30 hours of standard definition television programming on a 40-gigabyte hard drive.
Nine out of ten Canadians subscribe to cable, satellite or IPTV
Rogers Cable announced today enhanced search functionality on its cable set top boxes which have Quick Start Menu functionality.
The new search lets customers look for shows airing in the next seven days by program title, keyword, actor, director, genre or channel name and number.
The CRTC last week released the aggregate financial results for cable, satellite distribution and multipoint distribution system (MDS) companies in Canada for 2010.
The regulator reports that Canadian cable companies earned profits before interest and taxes (PBIT) of $2.6 billion, up 10.6% from $2.3 billion in 2009 and up 121% from $1.2 billion five years earlier.