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May 8, 1997updated 05 Sep 2016 12:23pm

BSKYB’S 121,000 NEW SUBSCRIBERS BOOST THIRD QUARTER EARNINGS

By CBR Staff Writer

British Sky Broadcasting Group Plc has added 121,000 paying subscribers to its books in the last three months, bringing the total to a claimed 6.2 million in the UK and Ireland. The new viewers have helped Sky to a third quarter pre-tax profit of 81.6m pounds, up 14.6% on the same period last year. Revenues rose 20.3% to 327.5m pounds in the quarter. Subscriptions were 84% of turnover with 11% provided by advertising. Absorbed into the figures are 3.4m pounds worth of losses from Sky’s associated businesses and undertakings in which the company has a less than 50% share.

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