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BSkyB bids to consolidate Sky Europe

2014-05-12 09:53:23| BBC News | Business | UK Edition

BSkyB has approached Sky broadcasters in Germany and Italy, which are all majority owned by Rupert Murdoch's 21st Century Fox, in a bid to create a European TV giant.

Tags: europe sky bids consolidate

BSkyB starts talks to buy Sky Italia, Deutschland

2014-05-12 08:46:00| Telecompaper Headlines

(Telecompaper) UK pay-TV operator BSkyB is considering expanding to Europe with the acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia. Following a report by Bloomberg on the deal, BSkyB issued a statement and said it started preliminary discussions with 21st Century Fox to evaluate the potential acquisition of its pay-TV assets in Germany and Italy. BSkyB said that "at the right value, this combination would have the potential to create a world-class multinational pay TV group". The talks have not yet moved beyond the early stage, and no details of the potential deal were disclosed. Sky Deutschland has 3.73 million subscribers and part of its shares are listed on the stock market. Sky Italia is 100 percent owned by Fox and has 4.75 million subscribers. BSkyB noted that all decisions on the potential transaction are being considered by a committee of its independent directors, with those affiliated with Fox not involved.

Tags: buy deutschland italia starts

BSkyB ends Q3 with 11.42 million retail customers

2014-05-01 10:23:00| Telecompaper Headlines

(Telecompaper) British Sky Broadcasting added 764,000 new paid-for subscription products in the third quarter 31 March, with additions for the nine months reaching 2.4 million. It added 74,000 net new TV customers in Q3. Revenue for the nine months was GBP 5.66 billion, up 6.6 percent from GBP 5.13 billion a year earlier, with EBITDA down 2.4 percent to GBP 1.22 billion, from GBP 1.25 billion, and operating profit down 8.5 percent to GBP 910 million, from GBP 994 million. It ended Q3 with a total of 15.02 million customers, up 409,000 from 14.61 million a year earlier, with retail customers up 608,000 to 11.42 million, from 10.81 million. ARPU was GBP 571 in Q3, up from GBP 567 in the year-earlier quarter.

Tags: million customers retail ends

BSkyB adds 74,000 TV customers in 1Q 2014

2014-05-01 08:30:55| Digital TV News

BSkyB (LSE:BSY) has released unaudited results for the nine months ended 31 March 2014. In Q3, the company added 74,000 net new TV customers and 108,000 net new HD customers, as well as 284,000 new Sky Go Extra customers.

Tags: customers adds bskyb adds customers