Sky TV hits 8 Million Subscribers!!

[Lighty]

Heard on the Radio today that BSkyB now has over 8 Million Viewers

Jesus Christ we all know how much we pay each month dont we? Well I do multiply it by 12 then multiply it by 8,000,000 How much bloody money does this guy want??? A Market spokesperson said BSkyB is seeing a steady growth! No shit sherlock

L

ONDON (Reuters) - Satellite broadcaster BSkyB (BSY.L: Quote, Profile, Research) said on Monday it has surpassed a year-end target of 8 million subscribers for its market-leading pay-TV platform.
BSkyB reiterated its target of 10 million subscribers in 2010.
The company struggled to match analysts' subscriber expectations in its most recently completed quarter, amid intense competition from the subscription-free Freeview service and resurgent cable companies.
It also restated its 2010 goal for 25 percent of subscribers to own a Sky+ video recorder, and for 30 percent to take a subscription in more than one room of the house.
Reaching its 8 million target suggests that Sky has added more than 156,000 net subscribers thus far in the Christmas quarter, which is traditionally its strongest, although the company did not provide a specific figure.
BSkyB also said it had acquired or received valid acceptances for nearly 90 percent of the shares in broadband Internet provider Easynet (ESY.L: Quote, Profile, Research).
BSkyB announced its offer to buy Easynet in October, aiming to offer video-on-demand and other new services to its customers over a hybrid satellite-broadband distribution platform.
The offer will continue until further notice, the company said.
BSkyB is 37.6 percent owned by Rupert Murdoch's media conglomerate News Corp (NWS.N: Quote, Profile, Research). BSkyB Chief Executive James Murdoch is Rupert's son, and Rupert Murdoch also serves as BSkyB's chairman.
The company's shares were unchanged at 501 pence by 09:22 a.m.

[AJ_007]

2.4 Billion? if my windows calc is right thats a lot of cash

[flipper321]

Of course they've got no costs....!?

[Keva]

2.4 Billion? if my windows calc is right thats a lot of cash

And how much of that do they need to pay out?

[rmj2663]

Doubt if costs be near the 240 million mark tho' (per month)
Glad I cancelled my subs, robbin cnuts.
Got freeview & honestly dont miss SLY at all

[matt1chelski]

Doubt if costs be near the 24 billion mark tho'
Glad I cancelled my subs, robbin cnuts.
Got freeview & honestly dont miss SLY at all

Fair enough, they havent got 2.4 bil costs, but there out to make money, like every business is. The 2.4 billion isnt profit.

[Apocalypse]

i read about this in The Sun and swiftly turned back to page 3

[Deadly]

Will probably keep rising aswell, especially when analog tv transmitters are turned off.

[flipper321]

Doubt if costs be near the 24 billion mark tho'
Glad I cancelled my subs, robbin cnuts.
Got freeview & honestly dont miss SLY at all

Where does £24bn come from

8m customers at £30 a month per year = £2.88bn?

[beerman]

Will probably keep rising aswell, especially when analog tv transmitters are turned off.

Long way off yet. Think it was 2008 to 2012 different regions will be switched to Digital.

[tangerine_menace]

2.4 Billion? if my windows calc is right thats a lot of cash

Thats what they get from subscribers, thats not counting all the money they make from advertising and sponsership deals.

[matt1chelski]

I would say 2 years was quite soon acctually

[Lighty]

I pay more than £30 for Sky+ and MUTV!

[hxbro]

According to the september results :

• Revenue increased by 8% to £1,023 million
• Gross margin increased by two percentage points to 61%
• Operating profit increased by 14% to £215 million, a margin of 21%
• Profit after tax increased by 15% to £140 million
• Earnings per share increased by 19% to 7.5 pence

[rmj2663]

Where does £24bn come from
8m customers at £30 a month per year = £2.88bn?

Typo error

Still a lot of fookin money

• Profit after tax increased by 15% to £140 million

Thats a nice lookin profit

& I still think they're robbin cnuts

[flipper321]

Typo error
Still a lot of fookin money
• Profit after tax increased by 15% to £140 million
Thats a nice lookin profit
& I still think they're robbin cnuts

Not a huge profit really - Vodafone made £2.8bn in the last 6 months...?!

[matt1chelski]

Its not profit tho is it!? They do have running costs etc......

[flipper321]

Its not profit tho is it!? They do have running costs etc......

Talking about the £140m profit mate....

[hxbro]

sky still have 1.5bn in debt

[Mario87]

how do they have 1.5bn in debt if they are makin 140m profit a year??!! and thats quite a bit of profit...but like someone said vodaphone made the same in 6 months!!! Other corps out there are worse than Sky for nickin ur money...a good example is M$...they sell u shite software full of bugs, then wen a new version comes out the tell u to go buy that because they've "fixed" the bugs....