TV show 'Fortitude' helped boost Sky revenue by 5%
Sky Press Pack
The group said in a statement that the show, a British psychological thriller, helped Sky to report its highest customer growth in the UK in over a decade.
"By continuing the strong operating momentum of the first half, we have grown revenues by 5% and operating profit by 20% over the nine months," said Jeremy Darroch, Group Chief Executive, at Sky in a statement.
"The UK and Ireland delivered a stand-out performance, reporting both the highest customer growth and lowest churn for eleven years.
"We are particularly excited by our progress in original drama. Fortitude debuted as the most successful drama ever on Sky Atlantic in the UK, 1992 opened as our most successful original scripted series in Italy, while Germany took its first steps in international co-production with 100 Code.
"As these results demonstrate, our teams are working well together right across the new Sky. Five months in, our integration plans are progressing well and we are well positioned for the expanded growth opportunity ahead."
Its financial results highlights include:
- 20% rise in operating profit to £1 billion.
- 5% increase in group revenue to £8.5 billion.
- A 70% year-on-year jump in new customers in the third quarter.
- Over one million new paid-for subscription products.
- Highest Q3 growth in 11 years in UK and Ireland.
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market