The results are in: Insight's up, TiVo's down

The year 2009 won't go down in history as a great one, but for Insight Communications it wasn't bad. The Lexington, Ken.-based MSO said its 2009 revenue ($981 million) was up 13 percent over 2008 and that it gained 16,000 customers to reach 775,700 customers--including 716,400 basic cable customers and 509,400 digital subs.

In a show of cable's diversity, the MSO also said it had 501,500 high-speed data customers--up 9.4 percent--and 314,500 telephone customers. The average monthly cable bill was $118.41.

TiVo, meanwhile, didn't do quite as well, although it did better than was expected by some analysts. The video recording pioneer is hoping that a patent suit it won against Dish Network, a new box and new deals with cable operators will juice its bottom line. Until then, it posted a loss of $10.2 million compared to $3.6 million a year ago even though revenue rose to $68.5 million compared with $59.2 million last year.

For more:
- see this release
- and this release

Related articles
TiVo ruling could break DISH
Internet connectivity, cable deals on tap for TiVo
TiVo launches mobile web service
Disputed TiVo patent claims rejected

Suggested Articles

Comcast, Charter and ViacomCBS today announced that they will all take equal ownership of Blockgraph.

Cord cutting will get worse for cable companies. But the financial impact for those same companies will be limited.

Comcast reached a distribution agreement with HBO Max and will offer the service for no extra charge to its existing HBO subscribers.