Subscribe free to our newsletters via your
. GPS News .




SPACEMART
Pay-TV giant BSkyB reports 7% increase in net profits
by Staff Writers
London (AFP) May 02, 2013


British pay-TV firm BSkyB said Thursday that net profits rose seven percent in the first nine months of the group's financial year on the back of rising subscriber revenues, and despite the difficult economic climate.

Earnings after taxation increased to 736 million pounds ($1.15 billion, 868 million euros) in the nine months to the end of March, compared with 689 million pounds in the same part of its previous fiscal year.

Group revenues advanced six percent to 5.381 billion pounds.

BSkyB, which is 39-percent owned by Rupert Murdoch's News Corp, gained a net 70,000 retail subscribers in the three months to March, giving it a total of 10.8 million customers.

The pay-tv company added that it would create 550 new jobs to meet keen demand for the group's product that include English Premier League football and blockbuster movies, and also Internet and telephone services.

The jobs will be created over the next 12 months in BSkyB's sales and customer services departments.

"We have had a good third quarter and our multi-product strategy is delivering strong results," said chief executive Jeremy Darroch in the statement.

"Increased take-up across our product set led to another improvement in financial performance with growth in revenues and profits accelerating in the third quarter."

Back in 2011, Murdoch's News Corp. scrapped a bid to win full control of BSkyB following a phone-hacking scandal which forced it to close British Sunday tabloid newspaper News of the World.

.


Related Links
The latest information about the Commercial Satellite Industry






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








SPACEMART
SES to pioneer first Ultra HD transmission in new standard at SES Industry Days
Luxembourg (SPX) Apr 23, 2013
SES together with its partners Harmonic and Broadcom have pioneered the first Ultra HD transmission in the new HEVC standard live from an ASTRA satellite at 19.2 degrees East. The HEVC standard features an up to 50 percent encoding efficiency improvement, compared to previous test broadcasts in MPEG-4 AVC (H.264). The end-to-end demonstration which was presented at the SES Industry Days in ... read more


SPACEMART
China children killed with poisoned yoghurt: Xinhua

Electron-beam pasteurization of raw oysters may reduce viral food poisoning

Fertilizers provide mixed benefits to soil in 50-year Kansas study

Study: Traditional ranching helps, not hurts, African ecosystems

SPACEMART
Intel names insider Krzanich as new CEO

High performance semiconductor spray paint could be a game changer for organic electronics

New Research Findings Open Door to Zinc-Oxide-based UV Lasers, LED Devices

New Nanowire Structure Has Potential to Increase Semiconductor Applications

SPACEMART
Australia unveils its F-35 JSF 'Iron Bird'

China welcomes French president with Airbus deal

Multifunction Advanced Data Link Flight Tested For F-35 Program

Brazil drops plan to build AgustaWestland helicopter

SPACEMART
Rear seat design - a priority for children's safety in cars

GM pulls 'offensive' China ad: report

GM joins call for US action on climate change

Honda's annual net profit soars to $3.7 bn

SPACEMART
Mercosur seeks more Pacific partners for commodities, goods

France eyes becoming trading hub for China yuan

Bill to collect Internet purchase sales tax looks set for Senate OK

Hong Kong's pursuit of luxury defies Western gloom

SPACEMART
Deforestation threatens Mekong region

Smoke signals: How burning plants tell seeds to rise from the ashes

In the Northeast, forests with entirely native flora are not the norm

Study Led by NUS Scientists Reveals Escalating Cost of Forest Conservation

SPACEMART
World's major development banks look closer at Earth observation

China Successfully Sends First Gaofen Satellite Into Space

China launches high-definition earth observation satellite

Japan's Mt Fuji to get World Heritage stamp: officials

SPACEMART
Nanowires grown on graphene have surprising structure

UNL team's discovery yields supertough, strong nanofibers

Scientists image nanoparticles in action

Scientists see nanoparticles form larger structures in real time




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement