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Sky H1 sales up 5%, James Murdoch returns as chairman

2016-01-29 09:14:00| Telecompaper Headlines

(Telecompaper) Sky reported revenues of GBP 5.72 billion in its fiscal first half to the end of December, up 5 percent compared to a year earlier, thanks above all to a surge of customers in the UK and Ireland. Operating profit rose by 12 percent to GBP 747 million, its best-ever first-half result, with EBITDA climbing 8 percent to GBP 1.05 billion. Sky had 21.48 million retail customers at the end of December, up by 337,000 in a quarter and by 887,000 in a year. Paid-for products grew to 55.87 million, up from 51.95 million a year earlier, with the group adding 1.1 million in the three months to December. Sky also announced that Nicholas Ferguson is to step down as the company's chairman and as a director after 12 years on the board, with Rupert Murdoch's son, James Murdoch, to return for a second stint as chairman. Murdoch was CEO and then chairman from 2003 to 2012 but resigned from the then BSkyB following a phone-hacking scandal.

Tags: sales james returns sky

James Murdoch takes over at Sky

2016-01-29 08:05:59| BBC News | Business | UK Edition

Four years after his resignation at the height of the phone hacking scandal, Rupert Murdoch's son retakes top job at the European broadcaster.

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James Murdoch returns to Sky as triple-player preps new TV service

2016-01-29 01:00:00| Total Telecom industry news

Feature-packed Sky Q to launch on 9 February; company reports 5% growth in 1H revenue.

Tags: service tv james returns

Sky Q devices to use AirTies Mesh technology

2016-01-26 10:00:34| Digital TV News

AirTies has announced that its Mesh technology has been chosen by Sky, Europes leading entertainment company, to enable the Sky Q, its next-generation home entertainment system, which will be available in early 2016.

Tags: technology devices sky mesh