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Sky Italia revenues down 2% in Q3, adds 34,000 customers

Thursday 21 April 2016 | 10:05 CET | News
Italian pay-TV provider Sky Italia, acquired by the Sky group from 21st Century Fox in November 2014, reported revenues down 2 percent to GBP 1.48 billion in the nine months to March, compared to GBP 1.51 billion in the year-earlier period. Operating profit plunged by 49 percent to GBP 22 million on a constant currency basis, attributed by the group to the loss of UEFA Champions League rights and the one-off investment of around GBP 16 million in connected boxes and box sets marketing. However, Sky Italia managed to add 34,000 new retail customers in the three months to March, its highest

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Categories: Broadcast & Satellite
Companies: Sky Italia
Countries: Italy
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