Feeds

Alba's Net TV dog dies expensive death

Regular TVs are selling well

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Alba's draining foray into Internet television cost it £17.9 million in charges to close the venture.

The company's Bush Internet portal was folded last week into ITV Digital and Alba has ended production of all Net TVs and set-top boxes.

The charge meant Alba reported losses of £12.3 million for the six months to 30 September. Sales slipped from £170 million to £162 million because of the failure of Bush Internet TV hardware.

Alba said Bush Internet portal registered users had increased from 115,000 in early July to approximately 170,000, but it didn't think the continuing rate of increase was sufficient to bring the portal to profitability within a sensible time.

John Harris, chairman, said: "This now draws a line under the negative financial impact of Bush Internet."

In June the company said it had sold just a third of the integrated Internet-TVs it expected to shift. Only 180,000 punters, out of a forecast 500,000 coughed up for the device. The price had been cut to £99, down 33 per cent, to shift the things.

Elsewhere in Alba's consumer electronics portfolio, regular couch potato products under the Goodmans, Alba Radio and Bush Radio brands sold well in the six month period. ®

Related Story

Alba's Net TV is a dog

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Hey, Scots. Microsoft's Bing thinks you'll vote NO to independence
World's top Google-finding website calls it for the UK
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
OECD lashes out at tax avoiding globocorps' location-flipping antics
You hear that, Amazon, Google, Microsoft et al?
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.