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BSkyB adds 46,000 TV customers in 3Q 2014

2014-10-16 10:30:01| Digital TV News

BSkyB (LSE:BSY) has released results for the three months ended 30 September 2014. Sky saw growth in TV with the addition of 46,000 TV customers and record growth in Sky Go Extra.

Tags: customers adds bskyb adds customers

BSkyB grows revenue 6% to GBP 1.93 bln in 1st fiscal quarter

2014-10-16 09:20:00| Telecompaper Headlines

(Telecompaper) Pay TV and broadband operator BskyB (Sky) reported revenue up 6 percent to GBP 1.93 billion in its fiscal first quarter to 30 September, compared with GBP 1.82 billion in the year-earlier period, as it added 51,000 new retail customers to take the total to 11.5 million. The revenue increase benefited from one month's price rise in September and a growing contribution rom transactional revenue, with Sky Store revenue up 125 percent. Wholesale revenue increased by 9 percent to GBP 105 million in the fiscal first quarter from GBP 96 million a year earlier. Advertising revenue increased by 6 percent to GBP 108 million from GBP 102 million, due to its rising market share and a first time contribution from AdSmart. The top line growth translated into higher profits, with EBITDA rising 6 percent to GBP 417 million. Operating profit increased by 11 percent to GBP 316 million from GBP 285 million. Net profit reached GBP 608 million, including a GBP 429 million gain from the sale of a 6.4 percent stake in ITV, compared to GBP 245 million in the first quarter of the last fiscal year. EPS grew by 8 percent to GBP 0.141 from GBP 0.13 over the same period.

Tags: 1st quarter fiscal revenue

BSkyB profits double on broad demand

2014-10-16 09:01:59| BBC News | Business | UK Edition

Satellite TV broadcaster BSkyB has said quarterly profits more than doubled on broad demand for its pay TV and broadband services across Europe.

Tags: double demand broad profits

BSkyB to produce more international TV shows

2014-10-07 14:42:00| Telecompaper Headlines

(Telecompaper) British viewers will see immediate benefits of BSkyB's takeover of 100 percent of Sky Italia and 57 percent of Sky Deutschland from 21st Century Fox, CEO Jeremy told the Independent. He said one of his top priorities will be to produce more international TV shows, such as Sky Italia's Gomorrah, which is screened on Sky Atlantic in the UK. Another aspect of the merger will be to use BSkyB's larger size to negotiate pan-European rights against rivals like Netflix. Over 95 percent of BSkyBs independent shareholders voted in favour of the deal on 6 October, while 21st Century Fox abstained.

Tags: international tv shows produce