BSkyB put evidence of the resilience of the pay-TV sector in the current credit crunch forward today. The DTH broadcaster reported net customer growth of 56,000 as total subscribers reached 8.888 million. New customer additions of 289,000 helped churn fall to its lowest level for four years at 10.5%. The average revenue per unit (ARPU) increased to £424.
The leading product continues to be the Sky+ personal video recorder, adding 262,000 installs to 3.393 million. HD also continues to increase, a further 43,000 households bringing the total to 465,000. Broadband increased by 229,000 to 1.428 million and the Sky Talk telephony service put on 180,000 homes to 1.095 million.
Third quarter revenues increased by 10% to £3,706 million and operating profits totalled £504 million.
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Connected TV Forecasts NEW REPORT. The number of TV sets connected to the Internet will reach 551 million by 2016 for the 40 countries covered in this report from Digital TV Research, up from 124 million at end-2010. The report states that this translates to 20% of global TV sets by 2016, up from only 6% at end-2010. Published in November 2011, this 83-page PDF report is the most geographically comprehensive to ever be published.