Broadcast News

Bookmark and Share
07/02/2001

BSKYB REACH FIVE MILLION SUBSCRIBERS

BSKYB have announced that they have achieved their five-million subscriber target early as the company reports 5,051,000 subscribers for the six months ended December, 31 2000.
Tony Ball, Chief Executive of BSkyB, said: “The success of Sky digital has been underlined by our record digital growth over the past six months and the early achievement of our target of five million DTH subscribers by the end of 2000. We are continuing to innovate with the launch of new interactive services that will increase our revenues and maintain low churn. Sky customers now benefit from the world’s most developed interactive television service.”
The total number of UK and Eire subscribers to Sky’s channels increased by 512,000 to 9,750,000 in just three months.
The penetration of Sky channels grew to 36.2 per cent of UK television homes compared to the same period in the prior year. This contributed to the 18 per cent growth in advertising revenues in the period.
Sky’s audience share continued to rise as that of terrestrial channels declined. Sky channels share of viewing in all UK homes for the quarter increased by 26 per cent on the comparable period, from 4.5 per cent to 5.7 per cent. Multi-channel television has more than doubled its share of the commercial audience since 1995 to reach 19.2 per cent of commercial impacts in 2000, reflecting the rapid take up of Sky digital in the last 12 months.
Total subscriber revenues increased by £177 million, on the same period last year, to £861 million. DTH revenues increased by £179 million to £715 million following a two per cent increase in the average revenue per subscriber and a 29 per cent increase in the average number of subscribers.
Advertising revenue increased by £20 million to £134 million, primarily driven by a 5.1 percentage point increase in Sky channels penetration of UK TV homes to 36.2 per cent.
An operating cash outflow of £86 million, capital expenditure of £47 million, joint venture funding of £74 million and net increase payment of £55 million resulted in net debt increasing by £295 million to £1,440 million. The net interest charge increased by £28 million to £64 million reflecting increased average borrowings in the period, the Group’s share of KirchPayTV interest which was not in the comparable period, and an increased share of British Interactive Broadcasting Holdings Limited (BiB) interest expense. (CD)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

21/04/2023
Sky Mobile Sponsors Britains Got Talent
Sky Mobile is the new headline sponsor of one of the country's biggest and best loved TV programmes, Britain's Got Talent. The iconic show returns for
16/02/2024
Sky Studios Appoints Commissioning Executive For Comedy
Sky Studios has appointed Emily Allen as Commissioning Executive for Comedy, as the Studio continues to build its slate of new and returning comedy ti
21/02/2023
Sky Up Academy Studios Visits Wales
Sky Up Academy Studios On Tour visited Wales as part of its journey across the UK and Ireland. Sky’s touring e-vehicle creative studio includes a pop-
08/03/2024
Sky Receives Seven Nominations For 2024 Royal Television Society Programme Awards
Sky has received seven nominations for the 2024 Royal Television Society Programme Awards across kids, entertainment, factual and sports programming.
11/12/2023
Sky Opens New Digital Hub In Cardiff
In partnership with Cardiff Council's Youth Services, Sky opened a new digital Hub in Cardiff, the first one in Wales. The Hub provides access to digi
08/12/2023
Sky Media Unveils The Grub Club
Grub Club has been unveiled by Sky Media as the recipient of the Grand Prix prize of the 2023 Sky Zero Footprint Fund. The £2 million advertising init
06/12/2023
Sky Secures Broadcast Rights To Show Record Number Of Premier League Fixtures
Sky has secured the broadcast rights to show a record number of Premier League fixtures in a new four-year deal. With up to 100 more matches each seas
01/12/2023
Sky And Fastweb Sign Multi-Year Partnership
Sky and Fastweb have signed a multi-year partnership to launch Sky Mobile in Italy in early 2024. Powered by Fastweb, Sky Mobile will offer a reliable
24/11/2023
Sky Agrees New Partnerships With ATP Media And WTA Ventures
Sky has agreed new five-year partnerships with both ATP Media, the broadcast arm of the ATP, and WTA Ventures, the commercial arm of the WTA, which wi
18/07/2023
LiveU And Sky Deutschland Create Multi-Cam, 5G And Cloud Video Production POC
Sky Deutschland and LiveU once again highlighted the efficiency and ease of use of 5G with IP-bonding pointing towards an exciting future. LiveU and S
10/07/2023
Sky News Tests First Ever AI News Reported
Sky News has created and tested its first-ever Artificial Intelligence (AI) news reporter to experiment whether generative AI (GenAI) could replace th
23/06/2023
Sky Teams Up With Age UK Stockport And Stockport Council
Sky has teamed up with Age UK Stockport and Stockport Council to open its first Sky Up Digital Hub in Greater Manchester. The new Digital Hub will pro
21/07/2023
QVC Launches On Sky Glass And Sky Stream
QVC has launched its linear TV channels on Sky Glass and Sky Stream, promoting a range of categories and products. Included in Sky’s 600 channels rang
24/01/2024
SKY Sport Deutschland Selects Lawo Technology
SKY Sport Deutschland has launched a comprehensive technical overhaul with Lawo equipment sitting at the heart of this transformation. The SKY project
23/01/2024
R&A And Sky Sports Extend Partnership
The R&A and Sky Sports have extended their partnership for the award-winning live coverage of The Open, AIG Women’s Open, and elite amateur events thr