LodgeNet Posts Revenue Increase

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Hotel pay-per-view programming vendor LodgeNet saw its fourth-quarter revenue increase 3.1% to $69.6 million.

The company -- which has an agreement to acquire rival hotel programming supplier On Command from Liberty Media -- said it narrowed its net loss for the quarter to $100,000 ($0.01 per share) from $2.3 million during the same period last year.

LodgeNet posted $288.2 million in total revenue for 2006, an increase of $12.4 million, or 4.5%, compared to 2005.

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