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.
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