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TS News - BSkyB Reports Nine Month Results
TELE-satellit News, 10 May 1997
BSkyB Reports Nine Month Results
LONDON, England, 97/05/10 (TS) -- British Sky Broadcasting, which just
announced plans to launch digital multi-channel TV in the UK in 1998, has
announced nine month results for its current fiscal year. The figures
showed subscriptions had reached 6.2 million households by the end of March
1997. In the first three months of the year, the broadcaster added 121,000
new subscribers.
Pre-tax profits were up 21-percent to 215 million pounds (US$353 million)
on 24-percent better revenues of 913 million pounds (US$1.5 billion). The
company's operating profit was up 17-percent to 260 million pounds (US$425
million). Subscription revenues made up 84-percent of total revenues.
(c)TELE-satellit 1997. All rights reserved.
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