We already heard plenty of rosy news out of the Comcast camp, and generally speaking, the message is equally positive from DirecTV. Granted, the firm reported "only" $348 million in net income compared to $356 million a year earlier, but revenues managed to skyrocket some 17-percent. The reason, according to CNN Money, is the substantial uptick in demand for "more costly high-definition TV and digital recording features." Also of note, DTV hooked nearly half a million new subscribers in Q4 alone, and the monthly churn rate had dropped to 1.42-percent -- its "lowest in eight years." Consumers flocking to HD? Imagine that!

[Via Bloomberg]

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DirecTV's net income down slightly, uptick in HD consumption blamed