Motorola upbeat despite loss, cuts
Motorola was bullish about its digital TV and broadband-oriented hardware business during last week’s conference call. The report was in stark contrast to the otherwise dismal news of its first-quarter loss, expectations for a weaker second quarter, modest prospects for the year and plans to cut 26,000 jobs (13,000 cuts have already been made).
Motorola’s broadband unit reported first-quarter operating profits of $130 million, up from $99 million a year ago. Sales increased 21 percent to $818 million and orders rose 3 percent to $905 million.
Gemstar, Nielsen OK partnership
Gemstar-TV Guide International and Nielsen Media Research announced a strategic partnership to develop state-of-the-art research information products that use proprietary data captured by Gemstar-TV Guide International’s Interactive Program Guides.
Group follows interactive wave to iSurfTV
The National Cable Television Cooperative has signed a nonexclusive letter of intent with iSurfTV to jointly develop and market a turnkey interactive program guide. The pact would make SurfGuide available to NCTC’s entire membership of 1,300 cable operating companies representing more than 13 million cable subscribers. “How many beta testers will commit is still up in the air,” said NCTC spokesman Dan Mulvenon.