Net income rose to $21 million from last year’s figure of $4.7 million, a surge of almost 350 per cent.

Strong growth in international and third-party network advertising increased total advertising revenues by 5 per cent to $330 million.

Global advertising revenue grew year-over-year for the fourth consecutive quarter.

However, display advertising took a hit domestically after revenues fell 1 per cent.

The company also announced better-than-expected revenues despite a fall from the previous year.

Total first quarter revenue slipped 4 per cent to $529.4 million, compared to average analyst forecasts of $526.5 million.

Although operating income was down 5 per cent to $94 million, this was the lowest rate of decline in four years.

Chairman and CEO Tim Armstrong commented: “AOL is a much stronger company today than a year ago and began 2012 by growing advertising revenue, lowering expenses and improving Adjusted OIBDA trends.

“In 2012 and beyond we are simultaneously focused on the continued successful execution of our strategy and on creating and unlocking value for our shareholders.”

The share price stood at $25.58 this morning.

For the three months that ended March 31, revenue rose to $7.05 billion from $6.32 billion a year earlier, principally due to an increase in subscriptions at DirecTV Latin America (DTVLA).

The largest US satellite-TV provider said it also saw slightly more demand and higher average revenue per user (ARPU) at DirecTV US.

Net income from continuing operations was $731 million, compared to last year's $674 million. On a per share basis, earnings grew to $1.07, up from last year's 85 cents.

Earnings in the latest quarter beat analyst estimates of $1.06 by a penny, but revenues narrowly missed forecasts of $7.06 billion, according to Thomson Reuters.

Operating margin widened to 18.6 percent, from 18.3 percent in the year-ago quarter.

"DirecTV delivered another strong quarter of financial and operating results highlighted by double-digit revenue, EPS [earnings per share] and cash flow growth, fueled in part by another quarter of record-setting subscriber growth in Latin America," said president and CEO Mike White.

But in the US, DirecTV said it added 81,000 customers in the first quarter, missing analysts' average forecast of 92,000, according to StreetAccount data. Its total US subscriber base stood at 20 million at the end of the quarter, up slightly from 19.4 million a year ago.

The US division posted a churn rate of 1.44 percent, down from 1.5 percent a year earlier.
Lower churn rate, or the rate at which people cancel service, was mainly driven by a greater percentage of subscribers on commitments and auto-bill pay, said the company.

Revenue in its US division increased seven percent to $5.50 billion, primarily due to strong ARPU growth and the larger subscriber base. ARPU increased 3.6 percent to $91.99, due mostly to price increases on programming packages and leased boxes, higher advanced service fees and higher penetration of pay-TV, the company said.

The company’s Latin America segment owns roughly 93 percent of Sky Brasil, 41 percent of Sky Mexico and 100 percent of PanAmericana, which covers most of the remaining countries in the region.

DTVLA added a record 593,000 customers in Latin America after signing up 590,000 in the previous quarter. The company said it had a total of 8.5 million subscribers in the region by the end of the quarter, a 36 percent jump from a year earlier, on greater middle market demand across the region, most notably in Brazil, Colombia and Argentina.

Sky Mexico, whose results are accounted for as an equity method investment and therefore are not consolidated by DTVLA, had around 4.28 million subscribers as of March 31, bringing the total subscribers in the region to 12.75 million.

Revenue in the company’s Latin America division increased 33 percent to $1.49 billion, up from $1.1 billion a year earlier, as strong subscriber growth was partially offset by a 1.8 percent decline in ARPU.

The unit posted a lower total average churn of 1.80 percent, due in large part to higher pre-paid reconnections in PanAmericana, DirecTV said.

The company also said the decline in ARPU to $60.59 from $61.69 a year earlier was mainly due to unfavorable exchange rates, mainly in Brazil and Argentina, as well as increased penetration of middle market subscribers.

DirecTV bought back $1.3 billion of its stock in the quarter. Shares of the company were down 3.56 percent in pre-market trading, to $46.20.

The Avengers, a mash-up of Marvel comic heroes, sold $200.3 million in domestic box office tickets over the weekend, easily topping the previous record of $169.2 million set by "Harry Potter and the Deathly Hallows Part 2" last July.

Disney – and Hollywood, for that matter – have been waiting for a hero like “The Avengers” to come along, with Disney hurting from its recent box-office flop “John Carter”, and Hollywood reportedly posting its worst year for ticket sales in 16 years.

Disney gained the rights to the legendary characters with its $4 billion purchase of comic book publisher Marvel three years ago. The three movies made with Marvel characters have grossed $1.4 billion worldwide.

With its strong start, “The Avengers” is projected to top the $1.07 billion in worldwide box office sales posted by “Pirates of the Caribbean: Dead Man’s Chest,” which has reigned as Disney’s biggest movie since 2006.

According to a Reuters report, Paramount could also benefit from “The Avengers” success, as under a 2005 distribution agreement between Paramount and Marvel, Paramount receives a fee for the theatrical distribution of the film, as well as the distribution of home video, internet and TV rights.

That agreement transferred to Disney when it acquired Marvel.

Disney and Paramount agreed in 2010 to amend the initial deal, giving Disney the rights to distribute Marvel-produced "The Avengers" and "Iron Man 3," the second sequel to the 2008 film that Paramount distributes.

That agreement stipulated that Disney would pay Paramount a $115 million advance against future fees that Paramount would have earned, according to Reuters.

Disney shares were up 1.30 percent Monday afternoon, trading at $43.48.

For the quarter that ended March 31, Viacom earned $588 million, or $1.08 per share, up from $376 million, or 63 cents per share, a year ago.

Adjusted earnings were $535 million, or 98 cents per share, exceeding Bloomberg analysts’ estimates of 89 cents.
Revenues climbed two percent to $3.33 billion, in line with projections.

"In the second quarter, Viacom continued its steady growth and delivered notably higher profitability, driven by relentless investment in our exceptional brands, and an ongoing focus on operational excellence," said Viacom's president and chief executive officer Philippe Dauman.

"MTV, Nickelodeon and Comedy Central remain the number one cable destinations for their audiences, and up-and-coming brands such as VH1 and CMT are adding viewers with exciting new original shows.

"Our international media networks continue to expand in scope and profitability, with this quarter marking the launch of the first of many Paramount Channels around the world."

Revenues for the company’s domestic cable networks increased 15 percent on domestic fees, and worldwide revenues grew 17 percent in the quarter, in each case reflecting higher revenues from digital distribution agreements, as well as rate increases, the company said.

Domestic advertising revenues increased one percent, while worldwide advertising revenues were flat at $1.07 billion for the quarter.

In Viacom’s filmed entertainment division, revenues decreased five percent, to $1.17 billion, reflecting lower theatrical and television license fee revenues, partially offset by higher ancillary revenues.

Worldwide theatrical revenues decreased 19 percent in the quarter, as movies like “The Devil Inside,” "A Thousand Words,” and “Jeff, Who Lives at Home,” did not do as well as last year’s “Rango” and “No Strings Attached.”

Viacom reported that its media networks division saw revenue growth of five percent, to $2.19 million, driven by an increase in affiliate fee revenues, partially offset by a decrease in ancillary revenues.

"Viacom's substantial EPS growth is the result of revenue growth, improved margins, and our $10 billion stock repurchase program, which returned $700 million in equity to shareholders in the quarter," said Dauman.

"In the second quarter we also reduced our debt costs, which further strengthened our rock-solid balance sheet."

As at the end of the second quarter, Viacom bought back 14.7 million shares under its stock repurchase program, for a total of $700 million.

The company’s shares were up 1.98 percent early Thursday to $48.38.

On average, analysts polled by Bloomberg had expected Comcast to book earnings of 42 cents a share, on $14.4 billion in sales.

The company’s cable revenue unit posted sales of $9.6 billion from $9.1 billion, a growth of 5.7 percent, helped by a 10.3 percent rise in high-speed Internet sales and a 37 percent rise in business service sales, the company said in a release.

Comcast on Wednesday said it added 439,000 residential broadband subscribers during first quarter, a five percent increase. But new voice subscribers fell 37 percent from a year earlier to 164,000.

Revenue from NBCUniversal grew by 18 percent to $5.5 billion, reflecting strong growth in every unit including Super Bowl sales of $259 million.

Excluding the Super Bowl, NBC's revenue grew 17 percent, thanks to improved prime-time ratings and shows like “The Voice” and “Smash.”

Sales from the cable networks unit rose 5.8 percent to $2.1 billion, mainly due to a 5.9 percent increase in advertising revenue.

Its filmed entertainment division reported sales grew by 22.3 percent to $1.2 billion, helped by films like "Dr. Suess' The Lorax"
and "Safe House".

In the latest quarter, Comcast paid dividend totalling $304 million and bought 25.9 million of its own stock for $750 million. It had about $5.8 billion remaining under its repurchase authorization.

Shares were down by 88 cents, or 2.88 percent, spiralling down to $29.72 each in trade on the Nasdaq on Wednesday morning.

For the three months that ended February 29, the prominent cable company in Western Canada said net income from continuing operations was $178 million, compared to last year's $172 million.

On a per share basis, earnings remained steady at 38 cents, in line with earnings from the same quarter a year prior, and with analysts' expectations, according to Thomson Reuters.

Revenue rose three percent to $1.23 billion from $1.19 billion a year earlier.

Revenue from the company’s cable segment was up five percent to $804 million, helped by customer service improvements and upgrades to product packaging.

"We continue to execute on our strategic initiatives in this highly competitive environment, focusing on technology, customer service and value leadership,” said the company’s CEO Brad Shaw.

"Our technology initiatives, including our Wi-Fi build and digital network upgrade, progressed as planned during the quarter.

"We have continued to refine our product packaging and recently implemented new EXO bundles that provide everyday value to our customers. Our focus is showing results as we gained momentum in subscriber growth during the quarter."

During the quarter, Shaw announced the launch of its upgraded network that included services like 1080p HD quality on the Shaw gateway, and On Demand television content from Global, CTV and CityTV.

Most recently, Shaw broadcast coverage of the Masters in 3D-HD.

The company said the new services "led the way" in exceeding the one million customer milestone in HD-capable subscribers, contributing to the 4.6 percent increase in Shaw’s cable division sales.

The company reported that revenue in the satellite division was $211 million for the quarter, up from $204 million in the same period last year.

Revenue in Shaw’s media division for the three month period was $242 million, down from $244 million in 2011, mainly due to customer package migration and increased promotional activity, said the company.

Digital phone lines increased 54,407 during the three month period to 1,310,417 and internet subscribers were up 18,681 to total 1,906,597, in the second quarter.

Shaw said that basic cable subscribers decreased 9,946, while digital customers increased 46,564 during the quarter to 1,925,518.

"For the remainder of this year we plan to continue to execute on and invest in our strategic initiatives and focus on sustainable growth,” said Shaw.

Looking ahead, the company said it expects moderate revenue growth in its cable and satellite units, and consistent revenue on a full year-over-year basis in media.

Shaw is a diversified Canadian communications company providing broadband cable television, internet, digital phone, telecommunications services, satellite direct-to-home services and programming content through Shaw Media.

The company’s shares closed Wednesday at $20.76.

Score Media reported second quarter operating results that were short of the capital market firm's expectations both on the top and bottom lines.

The company posted a net loss of $1.30 million, or two cents per share, compared with a year-earlier profit of $225,000, or breakeven per share.

The second quarter loss of two cents per share was below Stonecap's Street-matching estimate of a loss of one cent per share.

Sales fell almost five percent to $10.4 million, below Stonecap's $11.6 million forecast on the back of "much weaker than expected interactive ad revenue growth", the report said.

Interactive ad revenue of mobile and web fell 14.6 percent year-over-year to $0.7 million, while TV revenue grew modestly by 2.4 percent over the year-earlier period.

Stonecap analyst C. Scott Rattee said disappointing interactive revenue growth was related to mobile, where it "appears to be taking the US sales team longer than anticipated to gain traction in that important growth market".

Earnings before interest, taxes, depreciation and amortization was essentially breakeven for the quarter, compared to $1.1 million in the year-ago period, reflecting heavy interactive investment and slightly lower than forecast broadcast margins.

"We anticipate interactive investment to continue at elevated levels through the balance of the year. In FY12 we anticipate an Interactive EBITDA loss of $4.5mm and expect the division to remain in an EBITDA loss position in FY13," Stonecap said in its note.

As a result of the more conservative revenue and EBITDA outlook, Stonecap said it is lowering its full year 2012 earnings per share forecast for Score Media to a loss of three cents, from a loss of two cents previously. The full year 2013 outlook was also lowered to earnings of one cent per share, from six cents per share previously.

Rattee concluded: "While the U.S. interactive sales appear to be gaining traction with the signing of two major campaigns, we believe the long mobile investment timeline (and subsequent drag on operating results) will weigh on the stock.

"We continue to believe that ScoreMedia is well positioned in the mobile ad space, but will look for evidence of improved revenue traction and higher inventory sell-through to get more positive on the story."

Stonecap reduced its price target for Score to $1.15 from $1.20.

Score Media’s primary asset, theScore Television Network, is a national specialty television service providing sports news, information, highlights and live event programming across Canada.  Its digital media assets include theScore.com and the mobile sports applications ScoreMobile, ScoreMobile FC and SportsTap, which reach over three million unique users per month.  The company has grown from a team of 60 in 1997 to over 290 employees in fiscal 2012.

The company posted a net loss of $1.30 million, or two cents per share, compared with a year-earlier profit of $225,000, or breakeven per share.

Sales fell to $10.4 million from $10.9 million in the year-ago period.

Broadcast sales edged down to $9.7 million, from $10.2 million a year earlier. Revenues from digital media totalled $700,000, down from the year-prior figure of $800,000.

Chief executive John Levy of Score Media said, however, that it was encouraging to see continued growth in the second quarter for TV advertising revenue.

The Score’s advertising revenue grew two percent to $5.9 million from $5.8 million, but was offset by lower sales from the closure of theScore satellite radio.

Following the end of the quarter, Score Media said it closed its first two major U.S. digital media sales agreements, which will positively impact digital media revenues in the third and fourth quarter.

"We are also excited about the continued growth of the digital side of our business, with these assets seeing record audience figures for Q2, as well as increased sales traction in U.S. which has led to us closing our first two major digital sales deals in this market," said Levy.

ScoreMobile applications averaged 3.4 million unique users per month in the second quarter, growing by more than 1.3 million unique users per month, or over 65 percent, from a year earlier.

The company said theScore.com had 1.4 million unique users per month, a 50 percent rise.

During the quarter, the company struck a deal to extend its programming partnership to broadcast the Bellator fighting championships through its sixth and seventh season.

And earlier this year, it also announced a long-term programming deal with FOX International Sports Channels.

The deal includes 250 hours a year of live collegiate content such as college football, basketball, and hockey games and other FOX Sports and Fuel TV shows.

Corporate costs for the three months that ended February 29 were $1.4 million compared to $1.5 million in the year-ago period.

Score Media’s primary asset, theScore Television Network, is a national specialty television service providing sports news, information, highlights and live event programming across Canada.  Its digital media assets include theScore.com and the mobile sports applications ScoreMobile, ScoreMobile FC and SportsTap, which reach over three million unique users per month.  The company has grown from a team of 60 in 1997 to over 290 employees in fiscal 2012.

The offer will be available exclusively to Shaw Direct and Xplornet customers starting May 9, although pricing has yet to be determined. Financial terms of the agreement were not disclosed.

Shaw Direct provides satellite services to more than 900,000 Canadian households, primarily in rural areas.
The planned launch of its new Anik G1 satellite in the fall of this year will dramatically increase its HD channel offerings and attract new customers, Shaw said.

"Our customers have told us they're looking for the same exceptional experiences that are part of their Shaw Direct service," Shaw’s president Peter Bissonnette said in a statement.

"Partnering with Xplornet will provide our rural customers with an exclusive bundle that fits their needs and is part of our commitment as a leader in satellite technology and service."

Xplornet continually invests in broadband networks for rural homes and businesses, it said in a press release. Last year, it rolled out Canada’s first national 4G network and recently launched its first of two planned releases of 4G broadband satellites.

Xplornet's first satellite supports customer download speeds of up to 25 megabytes per second, with more capacity than all current North American broadband satellites combined.

CEO of Xplornet, John Maduri, said: "Our agreement with Shaw Direct to promote two services –video and Internet – together, specifically for rural Canadians is unprecedented."

"With the broad reach and appeal of Shaw Direct's video service, this initiative will support the adoption of high-speed Internet in rural Canada as well as our business growth."

Shaw serves 3.4 million customers through an extensive fibre network. Shaw Media runs one of the largest television networks in Canada, including Global Television, and 18 speciality channels like HGTV Canada, Food Network Canada, History Television and Showcase.

The company’s home workout GSP RUSHFIT DVD series, which features Mixed Martial Arts (MMA) welterweight world champion George St- Pierre, has been listed on Amazon.com for only three months.

The GSP RUSHFIT DVD series has also received 11 out of 11 five star reviews, the top rating a product can receive on Amazon.com, Digital Shelf Space added.

All the exercise and fitness titles ahead of the GSP RUSHFIT DVD series were produced by Beachbody LLC and Zumba Fitness LLC, and have been supported with multi-million dollar TV advertising campaigns.

"We are pleased by our success selling RUSHFIT on Amazon.com after spending only a fraction of the marketing dollars that support the industry leading titles ahead of us in the Top 20,” said chief executive of Digital Shelf Space, Jeff Sharpe.

"In addition, the majority of titles out-selling us have been in the market for several years and have gained a large number of Amazon.com reviews and feedback.

"We look forward to seeing our results over the coming months for GSP RUSHFIT as our Amazon.com seller and product feedback grows."

The company also announced on Tuesday that based on the success of its Amazon.com product listing, it has now listed its GSP RUSHFIT DVD series on Amazon.ca and Amazon.co.uk.

The series appeals to those with an interest in MMA and MMA training methods, for an efficient home fitness workout program, with minimal equipment.

The product uses various MMA conditioning exercises, intense circuit style training and body weight training for fitness consumers to build muscle, cut weight and get in shape.

The DVD fitness series has exploded in popularity since launching in December 2010, with international distribution taking off.

The company recently announced the home workout DVD series began retailing in Australia in the first quarter, and in February announced the start of retailing in the Philippines.

At the end of its fiscal third quarter, the company's GSP RUSHFIT DVD workout series had been placed in more than 4,000 stores across Canada, beating its own initial target of 3,000 stores, and capturing over 80 percent of the key Canadian retail distribution channels available.

The fitness series is now represented in more than 90 countries around the world, through Digital Shelf Space’s global distribution agreement with Northern Response.

In Canada, it is already carried by major retailers including Sears Canada, Zellers, Wal-Mart, Future Shop, National Sports, Sports Experts, Sport Check, Best Buy, and Canadian Tire, and in the US by The Sports Authority and Academy Sports and Outdoors.

In December, Digital Shelf Space announced a new long-term licence agreement with Georges St-Pierre for potential future fitness products and services under the RUSHFIT moniker.

Digital Shelf Space is an independent creator, producer and distributor of home entertainment content targeted at the fitness and sports instruction market.

The company’s share price traded at 15 cents each on Toronto’s junior venture exchange on Tuesday afternoon.

The company, formerly known as Rainbow Media Holdings, said net sales rose 13.6 percent to $339 million. That is up from $298.4 million last year.

Net income jumped to $29 million, or 40 cents a share, for the quarter that ended December 31. That is up from a year ago earnings of $19.3 million, or 28 cents a share, which included a loss of $10.6 million from discontinued operations.

Earnings from continuing operations fell to 40 cents from 43 cents a year earlier. AMC Networks attributes the decline from an increase in interest costs, partly offset by growth in its operating income.

Analysts polled by Thomson Reuters projected profits of 59 cents a share and revenue of $328 million.

The national networks segment – which consists of the company’s four programming networks: AMC, WE tv, IFC and Sundance Channel – posted revenue growth of 12 percent to $305 million.

AMC said it took an $18 million write down on “Rubicon”, a conspiracy thriller series that was cancelled due to low ratings.

Marketing the return seasons of “Mad Men” and “The Killing” weighed on AMC’s profit as well. The company is spending between $10 and $15 million on campaigns ahead of the shows’ new seasons later this month.

Looking ahead, the company said in a conference call that it hopes to boost revenue from a distribution deal with Netflix, which starts distributing old episodes shortly before the airing of new shows.

The company also will release the third season of “The Walking Dead”, based on a graphic novel by Robert Kirkman, in October.

AMC’s stock fell 4.84 percent to $43.81 in trade on the Nasdaq on Thursday afternoon.

The DVD fitness series stars Mixed Martial Arts (MMA) welterweight world champion Georges St-Pierre, and has exploded in popularity since launching in December 2010, with international distribution taking off.

"After having the Philippines recently begin the retail distribution of GSP RUSHFIT, a country where GSP has tremendous popularity amongst consumers, we are now pleased to see retail distribution begin in Australia in early 2012, another country where not only GSP has a massive fan base, but also Mixed Martial Arts," said president and CEO of Digital Shelf Space, Jeffrey Sharpe.

"We hope to continue to add more countries to retail GSP RUSHFIT around the world over the coming months and year."
Digital Shelf Space announced late last year that the product had become the number one selling fitness DVD series of all time by a professional athlete, with more than 250,000 DVDs sold in only the first year of distribution.

The GSP RUSHFIT workout series appeals to those with an interest in MMA and MMA training methods, for an efficient home fitness workout program, with minimal equipment. The product uses various MMA conditioning exercises, intense circuit style training and body weight training for fitness consumers to build muscle, cut weight and get in shape.

As of the end of the third quarter, the company's GSP RUSHFIT DVD workout series had been placed in over 4,000 stores across Canada, beating its own initial target of 3,000 stores, and capturing over 80 percent of the key Canadian retail distribution channels available.

The fitness series is now represented in more than 90 countries around the world, through Digital Shelf' Space’s global distribution agreement with Northern Response.

In Canada, it is already carried by major retailers including Sears Canada, Zellers, Wal-Mart, Future Shop, National Sports, Sports Experts, Sport Check, Best Buy, and Canadian Tire, and in the US by The Sports Authority and Academy Sports and Outdoors.

Plans for international expansion continue to move forward, with the company currently in ongoing negotiations.

In December, Digital Shelf Space announced a new long-term licence agreement with Georges St-Pierre (GSP), for potential future fitness products and services under the RUSHFIT moniker.

The new licence expands on the original 2010 agreement between Digital Shelf Space and GSP signed for exclusively the home workout GSP RUSHFIT DVD series.

The GSP RUSHFIT DVD series was launched in December of 2010, and can be purchased directly through the GSP RUSHFIT website at www.gsprushfit.com.

Digital Shelf Space is an independent creator, producer and distributor of home entertainment content and online delivery technology provider to digital retailers, content owners and aggregators.

Yesterday, the company said it closed its over-subscribed $1.5 million brokered private placement financing through Fin-XO Securities.

The company had announced the $1.5 million financing in February 2012, and was over-subscribed for around $1.56 million in gross proceeds.

The company sold a series of units at a price of $0.15 each. Each unit consisted of one common share and one half common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of 25 cents each, within a year and half from closing.

Digital Shelf Space said that if its common shares trade above 35 cents for a period of 10 consecutive trading days, the warrants, if unexercised, will expire 30 days afterwards.

The new funds will be used toward marketing and advertising, content development, new projects, transaction and related expenses, as well as working capital and general corporate purposes, the company said.

In connection with the private placement, Digital Shelf Space paid a cash commission to Fin-XO that was equal to seven percent of the gross proceeds. The company also issued Fin-XO 708,085 broker warrants for the purchase of Digital Shelf Space common shares.

Digital Shelf Space is the company behind the GSP RUSHFIT DVD home workout series starring Mixed Martial Arts (MMA) welterweight world champion Georges St-Pierre.

The home workout DVD fitness series has exploded in popularity recently, with Digital Shelf Space announcing late last year that the product had become the number one selling fitness DVD series of all time by a professional athlete, with more than 250,000 DVDs sold in only the first year of distribution.

The GSP RUSHFIT workout series was designed to appeal to those with an interest in MMA and MMA training methods, for an efficient home fitness workout program, with minimal equipment. The product uses various MMA conditioning exercises, intense circuit style training and body weight training for fitness consumers to build muscle, cut weight and get in shape.

As of the end of the third quarter, the company's GSP RUSHFIT DVD workout series had been placed in over 4,000 stores across Canada, beating its own initial target of 3,000 stores, and capturing over 80 percent of the key Canadian retail distribution channels available.

The fitness series is now represented in more than 90 countries around the world, through Digital Shelf' Space’s global distribution agreement with Northern Response.

In Canada, it is already carried by major retailers including Sears Canada, Zellers, Wal-Mart, Future Shop, National Sports, Sports Experts, Sport Check, Best Buy, and Canadian Tire, and in the US by The Sports Authority and Academy Sports and Outdoors.

Plans for international expansion continue to move forward, with the company currently in negotiations. Last month, the company said its GSP RUSHFIT home workout DVD fitness began retailing in the Philippines.

In December, Digital Shelf Space announced a new long-term licence agreement with Georges St-Pierre (GSP), for potential future fitness products and services under the RUSHFIT moniker.

The new licence expands on the original 2010 agreement between Digital Shelf Space and GSP signed for exclusively the home workout GSP RUSHFIT DVD series. The new licence agreement provides the company a revenue share on all new business ventures using the RUSHFIT brand, whether such ventures are done by the company and GSP together, or if GSP uses the brand for any mutually approved products and services.

The GSP RUSHFIT DVD series was launched in December of 2010, and can be purchased directly through the GSP RUSHFIT website at www.gsprushfit.com.

Digital Shelf Space is an independent creator, producer and distributor of home entertainment content and online delivery technology provider to digital retailers, content owners and aggregators.

The company, formerly known as Discovery Holding, owns nine national TV networks in the U.S. that includes Discovery Channel, TLC, Animal Planet, Military Channel and Planet Green.

Discovery, also part owner of Oprah Winfrey’s OWN cable network, makes about half of total revenue from fees paid by cable- and satellite-TV providers to distribute its channels, with much of the remainder coming from ads.

For the quarter that ended December 31, revenues grew 11 percent to $1.12 billion, compared with $1.01 billion a year ago.

The company said net income from continuing operations spiked to $336 million, or 86 cents a share, compared to a year prior profit of $191 million, or 45 cents per share.

Analysts, on average, polled by Bloomberg expected earnings of 69 cents a share and revenues of $1.1 billion.

In the U.S., network segment revenues rose 11 percent to $677 million, mainly driven by advertising and distribution sales growth.

Advertising revenue in the unit rose 13 percent to $364 million due to higher pricing and increased sellouts. Distribution sales grew seven percent to $282 million as a result of subscriber growth and more licensing revenues.

At its international networks division, revenue jumped 12 percent to $401 million, also led by advertising growth of 18 percent and distribution sales growth of 10 percent.

For 2012, the company expects net sales in the tune of $4.45 to $4.75 billion. That is in line with the average analyst estimate of $4.5 billion, according to Bloomberg.

Discovery Communications also foresees net income of around $975 to $1.07 billion for the year.