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Sky Italia up again

February 7, 2007 17.33 Europe/London By Julian Clover

Sky Italia improved its second quarter figures, reducing its operating loss to $12 million, compared to $53 million a year ago. The improvement is a reflection of an increase in subscriber additions, which added 432,000 year-on-year, bringing the total to 4.03 million at the end of the quarter. The company added 200,000 on the quarter, although the previous figure of 3,830,000 was recorded at the end of both the September and June quarters.

As with previous financial reports the cost of programming, particularly coverage of Series A and Series B football matches, ate into revenues.

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Filed Under: Newsline Edited: 8 February 2007 21:56

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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