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Sky - £295m Profit
BSkyB announced today that it gained 77,000 additional
customers in the three months to the end of September, helping operating
profits rise by 16% to £295m.
The broadcaster said that it had seen strong loyalty among its existing
customers - despite spending pressure on consumers.
"We continue to deliver strong financial results and good growth in
customers and products," said Jeremy Darroch, BSkyB chief executive.
"In tough market conditions, our move to more broadly based growth and
multiple products is serving us well."
BSkyB said it was pleased with a particularly strong quarter for
programming, with a big focus on its entertainment offering.
Darroch said: "In particular, customers can look forward to more outstanding
TV as we step-change our investment in new British comedy and drama, begin
coverage of Formula 1 and continue to offer the best US shows like Glee,
Terra Nova and Boardwalk Empire."
The company also updated investors on its move to bundle services for
customers.
It said 2.9 million customers now take its TV, Broadband and telephone
services – a rise of 29%.
BSkyB's latest results come after a quarter that saw a takeover attempt by
its largest shareholder News Corp thwarted following revelations over the
phone-hacking scandal.
October
19
2011 - waveguide.co.uk
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