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Cablevision Systems continued to feel the impact of Superstorm Sandy in the first quarter, as repair costs for the October weather event put a dent in the Bethpage, N.Y. operator's results, helping to send adjusted operating cash flow down 27% in the period.

On a conference call with analysts, Cablevision CEO James Dolan said the company warned analysts that the company “expected to experience significant AOCF pressure in the first quarter, which is exactly what occurred.”

BSkyB has plunked another $1.9 million into Roku, an infusion that follows an original $10 million investment by the U.K.-based satellite TV company last July that was part of a larger $45 million round led by News Corp.

BSkyB said the latest investment “is to provide financing for Roku’s operations and activities.”

Starz reported lower earnings as its Netflix deal ended and new affiliation agreements call for smaller subscriber fees.

First quarter net income fell to $57.9 million, or 47 cents per share, from $77.8 million, or 65 cents per share a year ago.

Revenue fell 1% to $399 million primarily because the company's affiliation agreement with Netflix was not renewed. Affiliation agreement with two other distributors renewed in the fourth quarter called for less favorable financial terms.

New York – Xfinity Wathathon Week, Comcast’s cross-platform promotion that blew away video-on-demand (VOD) usage records in March, won’t be a one-and-done event.

New York – In Demand CEO Bob Benya said the next two years could see a further convergence of video on demand content and social media, enabling consumers to market movies to their own social media networks in return for reduced content costs.