Losses to the tune of €2.5m for Digisoft.tv

IPTV developer Digisoft.tv booked a €2.5 million loss, according to its latest available accounts, and has accumulated losses of €8.8 million.

11th April, 2009

IPTV developer Digisoft.tv booked a €2.5 million loss, according to its latest available accounts, and has accumulated losses of €8.8 million.

New abridged accounts for the firm revealed that retained losses on its profit and loss account rose to €8.8million in the year ending December 31, 2007, up from €6.2 million a year earlier.

The company, which is backed by Enterprise Ireland, 4th Level Ventures and Riverdeep founder Pat McDonagh, closed the year with a...

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