By Monica Hogan -- Multichannel News, 1/25/2002 11:16:00 AM
Share prices for interactive-television-technology company OpenTV Corp. fell 17 percent Friday, following losses
disclosed in a fourth-quarter earnings report late Thursday and an analyst
downgrade Friday morning.
OpenTV's pro forma net loss for 2001 was $25.3 million, compared with a pro
forma net loss of $11.4 million in 2000. Revenues for the year increased 51
percent to $95.3 million.
Earlier this week, OpenTV said more than 4 million set-top boxes had been
deployed in the United States with OpenTV middleware.
EchoStar Communications Corp. includes the middleware on its newer
direct-broadcast satellite receivers.
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The Association of Cable Communicators headed
west from Washington, D.C., to Denver as its 2009 Forum and Beacon Awards ceremony became
part of Cable Connections-Fall festivities.
HBO Sports senior vice president Mark Taffet discusses the PPV performance prospects for the Sept. 19 Floyd Mayweather Jr.-Juan Manuel Marquez boxing event as well as the network's PPV fight schedule for the rest of the year during a recent interview with Multichannel News.
