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BUSINESS
August 26, 2011 | By Alex Pham, Los Angeles Times
Online radio company Pandora Media Inc., whose stock price has been on a wild ride since its initial public offering in June, posted fiscal second-quarter earnings that beat Wall Street's relatively low expectations and drove its beleaguered shares up 3%. The Oakland firm reported a 117% increase in revenue from a year earlier to $67 million as advertising and subscription sales grew. The company, however, continued to lose money, posting a $1.8-million loss, or a loss of 4 cents a share, for the quarter that ended July 31 compared with a $1.6-million profit, or 4 cents, a year earlier.
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ENTERTAINMENT
October 11, 1990 | DANIEL CARIAGA, TIMES MUSIC WRITER
At a time when many observers of the economy are staring into the face of recession, there is some good news to counter the bad: Subscription sales at Southern California symphony orchestras have increased or are holding their own despite rising unemployment, a collapsed real-estate market, slumps in manufacturing and in other sectors. The good news continues when one talks to spokespeople for other series sold by subscription.
BUSINESS
April 29, 2008 | From Times Wire Services
U.S. newspapers reported that circulation losses accelerated in the six months through March as more readers turned to the Internet and publishers cut promotions to lower expenses. The New York Times and Los Angeles Times reported declines of 3.9% and 5.1%, respectively, as paid weekday circulation among 530 newspapers dropped 3.6%, the Audit Bureau of Circulations said.
BUSINESS
January 13, 1986 | S. J. Diamond
Magazine subscription promotions are coming thick and fast, all apparently offering different rates. But which is better: $1.09 an issue of Sports Illustrated for 54 weeks ("50% Savings") or 22 issues for four payments of $5.99 each ("$32.80 Off")? Who knows? "I took a six-month deal from Time, 50% off," one consumer says, "but now that you ask, I have no idea whether it was a good deal or not." It's a valid question.
BUSINESS
June 16, 2001 | MEG JAMES, TIMES STAFF WRITER
AMC Entertainment Inc. is testing a monthly movie pass to lure more people into theaters and plump up sales of popcorn, soda pop and Milk Duds. The Kansas City, Mo.-based theater chain last week rolled out a monthly movie pass, called the MovieWatcher Premium Card, that allows fans to see one movie every day, seven days a week, for a month. They have to commit to the program for six months. A monthly pass costs $17.50 in Omaha, where regular admission to an AMC movie costs $7.
BUSINESS
January 3, 2007 | From Bloomberg News
Sirius Satellite Radio Inc., operator of the second-largest pay-radio service, increased its subscribers 82% to more than 6 million last year, in line with a reduced forecast last month. The company also had its first quarter of positive free cash flow in the fourth period of 2006, according to preliminary data, New York-based Sirius said. Sirius said Dec. 4 that it would have 5.9 million to 6.1 million subscribers at year-end, fewer than the 6.3 million predicted Nov.
BUSINESS
July 19, 1994 | JOHN CHANDLER, TIMES STAFF WRITER
When Antelope Valley residents received a flyer in the mail recently for a national service that sends up-to-the-minute news, financial and sports data direct to their home or office computers via cable TV lines, two conclusions would have been natural. First, that the service, known as Ingenius, must be the latest breakthrough on the information superhighway, as the cable industry tries to move beyond carrying just pictures. And second, that it probably is costly to use like some other on-line computer information providers.
ENTERTAINMENT
November 14, 2004 | Don Shirley
As the Kirk Douglas Theatre in Culver City prepared for its first opening -- the premiere of Charles L. Mee's "A Perfect Wedding" -- some of the theater's would-be subscribers learned they would be shut out. The response to last summer's solicitations for subscriptions at the Center Theatre Group's new Westside outpost was so heavy that certain performances were overbooked. Some people who thought they were buying subscriptions learned otherwise when they called to check on their orders.
CALIFORNIA | LOCAL
December 24, 1996 | From a Times Staff Writer
Payback allegedly came in the form of bulk mail--a fashion wigs catalog, a cheerleading magazine and a palmtop computer, for starters. A National Rifle Assn. membership, a vacuum, Blade magazine for gays . . . Attorney Philip L. Hummel IV and his client, Christine Browning, say they have been barraged with more than 150 unwanted mail order items between the two of them at their offices in Orange. They blame the ongoing bombardment on John W.
BUSINESS
March 28, 2008 | Michelle Quinn, Times Staff Writer
Just as consumers now pay for HBO, they may one day be charged for a digital music service as part of their monthly Internet bill. After resisting subscription services out of fear they would weaken CD sales, music companies are considering the idea in an attempt to reverse plummeting sales and unabated illegal downloading of music from the Internet.
BUSINESS
February 29, 2008 | From Times Wire Services
Top U.S. satellite television provider DirecTV Group Inc. said subscriber growth this year was running behind expectations. The company said it would probably miss its goal of about 18 million subscribers by the end of 2008, saying the figure was now more likely to be 17 million to 18 million.
BUSINESS
April 19, 2007 | From Bloomberg News
AT&T Inc., the largest U.S. phone company, said it had 18,000 video subscribers to its U-verse television service, a sixfold increase from last year, as it battled cable providers. The company is connecting homes to the television service at a rate of 2,000 per week, it said. U-verse TV will debut in the Los Angeles area in the coming weeks, San Antonio-based AT&T said. AT&T is offering TV service to fend off cable companies selling home-phone lines in addition to video and Internet.
BUSINESS
January 19, 2007 | From Bloomberg News
DirecTV Group Inc. will raise subscription prices by almost 4% on average, aiming to boost revenue yet remain competitive with cable alternatives. The increase will take effect March 1, said the El Segundo-based satellite television provider, which has 15.7 million subscribers. DirecTV's average subscriber paid $72.74 a month for the service in last year's third quarter, the company reported. By limiting price increases, DirecTV aims to boost sales even as cable operators such as Comcast Corp.
BUSINESS
January 6, 2007 | From the Associated Press
XM Satellite Radio Holdings Inc. reported a year-end subscriber tally Friday that fell short of its earlier forecast, which had been lowered twice. XM, the larger of the nation's two satellite radio broadcasters, said it ended 2006 with 7.63 million subscribers. That was up almost 1.7 million from a year earlier but short of its most recent prediction of 7.7 million to 7.9 million. A year ago, XM was forecasting 9 million subscribers at the end of 2006.
BUSINESS
January 3, 2007 | From Bloomberg News
Sirius Satellite Radio Inc., operator of the second-largest pay-radio service, increased its subscribers 82% to more than 6 million last year, in line with a reduced forecast last month. The company also had its first quarter of positive free cash flow in the fourth period of 2006, according to preliminary data, New York-based Sirius said. Sirius said Dec. 4 that it would have 5.9 million to 6.1 million subscribers at year-end, fewer than the 6.3 million predicted Nov.
BUSINESS
October 30, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
Some Orange Coast magazine advertisers want their money back after learning that the publication might have overstated its circulation numbers by more than twice the actual figure. Owners of local companies said they were enticed into buying large ads in the glossy monthly magazine by Orange Coast promotional materials claiming distribution of 38,364, which includes paid as well as free copies.
BUSINESS
June 9, 1999 | From Times Staff and Wire Reports
Six companies, including General Motors Corp., DirecTV Inc. and Clear Channel Communications, agreed to invest a total of $250 million in closely held XM Satellite Radio Inc., which plans to offer a new form of subscription radio service for initial use in cars.
BUSINESS
July 14, 2006 | Joseph Menn, Times Staff Writer
As Tribune Co. reported Thursday a 62% profit drop and accelerating circulation declines, the owner of the Los Angeles Times and KTLA-TV Channel 5 struck a conciliatory posture in its battle with California's Chandler family. "We will look forward to moving constructively with the Chandlers," Tribune Chief Executive Dennis FitzSimons told analysts during a conference call. "They are important shareholders."
BUSINESS
July 7, 2006 | From the Associated Press
AOL may give away even more of its services, including its vaunted AOL.com e-mail accounts now limited to paying subscribers, to boost ad revenue and offset declines in subscriptions, a person familiar with the discussions said Thursday. One proposal top AOL executives are considering calls for Time Warner Inc.'s online unit to stop charging subscription fees to users who have high-speed Internet access or even dial-up service from a rival provider.
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