Overcast

Overcast

max temp: 11°C

min temp: 9°C

ESTD 1874 Search

The pigs are coming. Find out more about

Pigs Gone Wild

here.

UK: BSkyB profits rise on mobile demand

10:40 31 January 2013

Profits are up at BSkyB

Profits are up at BSkyB

Satellite broadcaster BSkyB unveiled a jump in profits today as customers signed up to new products such as On Demand downloads and Sky Go mobile services.

The group reported an 8% rise in operating profits to £647million in the six months to December 31 after it gained 80,000 new customers, up from the 48,000 in its previous quarter to reach a total of 10.74m.

Average revenues per user rose by £24 on a year earlier to £568 as new services drove increased viewing, with 25,000 people signed up to internet TV service, Now TV, which it launched last year to compete with online services such as Netflix and Lovefilm.

The group said Now had benefited from its first marketing campaign, while it will launch Sky Sports on the service later this year.

The group also added 132,000 new broadband customers, including 38,000 new standalone customers in the period.

Sky said its Sky Sports on Sky Go service, where users can watch television on their mobile phones and tablet computers, registered a record 234,000 unique users for live coverage of the Manchester derby in December.

Revenues at the group were up 5% to £3.5billion in the first half of the year and Sky said price hikes, including a rise of £1 for its Sky Sports package and £1.50 for its Sky entertainment package, had helped drive the revenue growth at the group.

The group reported a standout performance from its Sky Sports channel, with record audiences when Europe beat the US in the Ryder Cup and Andy Murray won his first grand slam in the US Open.

It also attracted 9million viewers to its first season of Sky Sports Formula One channel.

0 comments

From left, Monthind partner Simon Biggs, Paul Prime, managing director of Atkins Gregory, Greg Gregory, founder of Atkins Gregory, and Monthind partner Tony Felgate. shaking hands of Monthind's acquisition of Atkins Gregory.

East Anglia cleaning company Monthind has expanded with thea acquisition of Cambridge-based commercial cleaning contractor Atkins Gregory.

Innovators, investors and entrepreneurs from the East of England at the Venturefest East event at Newmarket Racecourse.

More than 800 innovators, investors and entrepreneurs gathered in Newmarket to showcase what the region’s technology sector has to offer.

Some of the current apprentices at Ransomes Jacobsen in Ipswich.

Turf maintenance equipment manufacturer Ransomes Jacobsen will be taking its apprentice recruitment drive to the Suffolk Show at the start of next month.

EDF Chief Executive Vincent de Rivaz appears before the Energy and Climate Change Committee to answer questions over the delay in making a final investment decision on the Hinkley Point nuclear power project. Picture: PA Wire

MPs have been promised the sister project of a proposed third nuclear power plant on the Suffolk coast will go ahead despite a fresh delay in making a final investment decision.

The new boss of Marks & Spencer has unveiled his strategy for reviving the fortunes of its fashion business.
Photo: Stefan Rousseau/PA Wire

Marks & Spencer’s new boss Steve Rowe today pledged to slash prices and put more staff in stores to turn around its beleaguered clothing arm – but warned profits will take a hit.

Most read

Great Days Out

cover

Click here to view
the Great Days Out
supplement

View

Most commented

HOT JOBS

Show Job Lists

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24