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Sky Italia revenues down 4%, sheds 37,000 customers

Wednesday 21 October 2015 | 09:54 CET | News
Italian pay-TV provider Sky Italia, acquired by the Sky group from 21st Century Fox last November, reported revenues down 4 percent to GBP 454 million in its fiscal first quarter to the end of September, compared to GBP 474 million in the year-earlier quarter. The drop was attributed to a fall in customers to 4.69 million, 37,000 fewer than the previous year, against a challenging economic backdrop and the loss of the Champions League rights on what is a highly sports-focused platform. However, the group described Sky Italia's performance as "resilient", emphasing that churn remained at 10.0

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