Sky Italia at highest ever levels
09.26 Europe/London, August 11, 2011 By Julian Clover
Sky Italia is closing in on a subscriber base of five million subscribers. At the end of June the News Corp-owned operation had 4.97 million subscribers. 57,000 new subscribers were added on the quarter and 230,000 over the last 12 months.
Operating income also improved to the tune of $145 million, compared to $97 million for the corresponding quarter in 2010. Lower programming costs – the World Cup was of course missing from this year’s schedules – though the company has continued to invest in premium programming.
Elsewhere within News Corp, and away from the phonehacking scandal that has dogged the company’s newspaper operations, Cable Network Programming suffered an increase in expenses following the closure of two European channels.
09.26 Europe/London, August 11, 2011 By Julian Clover
Sky Italia is closing in on a subscriber base of five million subscribers. At the end of June the News Corp-owned operation had 4.97 million subscribers. 57,000 new subscribers were added on the quarter and 230,000 over the last 12 months.
Operating income also improved to the tune of $145 million, compared to $97 million for the corresponding quarter in 2010. Lower programming costs – the World Cup was of course missing from this year’s schedules – though the company has continued to invest in premium programming.
Elsewhere within News Corp, and away from the phonehacking scandal that has dogged the company’s newspaper operations, Cable Network Programming suffered an increase in expenses following the closure of two European channels.