TITLE

CHASING SUBS COSTS BSKYB

AUTHOR(S)
Schreiber, Dominic
PUB. DATE
July 2006
SOURCE
Daily Variety;7/31/2006, Vol. 292 Issue 19, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that television broadcaster British Sky Broadcasting Group PLC (BSkyB) reported fourth-quarter profits down 35% to $234 million year-on-year due to the increase in advertising spending. Company CEO James Murdoch unveiled otherwise healthy end-of-year pretax profits up 1% to $1.49 billion on revenues up 8% at $7.6 billion. Nearly 77,000 subscribers were added in the three months ended June 30 for a total of 8.2 million.
ACCESSION #
21804825

 

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