Feeds

Sky clocks up £1bn profit

HD boosts money-making machine

Security for virtualized datacentres

Sky made a £1bn profit in the year to 30 June for the first time, with ARPU reaching £508 per subscriber. Annual revenue totalled £5.9bn, up 10 per cent year on year.

The subscriber base grew modestly to 9.86 million, but more are buying subscriptions, driven by HD content. Sky now boasts 2.9 million HD subscribers, with 429,000 signing up to watch England's traditional World Cup Exit at pore-level resolution.

That's around 30 per cent of the TV subs. Sky will also add consumer 3D TV services from 1 October.

After large investments in broadband infrastructure in past years, Sky now says the broadband and talk services are now showing an operating profit.

The year's figure includes a £270m payment from EDS to settle a dispute over a botched CRM system. More is still owing.

One irony is that as terrestrial TV broadcasters chased Sky "downmarket", Sky has been able to snag the "upmarket" programs prized by Volvo drivers, that were shunted off the air to make way for the endless stream of makeover shows and talent contests.

The South Bank Show has escaped death by moving to Sky Arts, and today Sky announced that it has bought exclusive rights to the entire HBO archive including The Wire and The Sopranos.

Rupert Murdoch's News Corporation has bid £7.8bn to take control of the broadcaster. It currently has a 39 per cent stake. ®

Business security measures using SSL

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.