BSkyB six-month profits balloon to £358m despite recession

Posted by Dominic Ponsford on 28 January 2010 at 08:31
Tags: Broadcast, Journalism, Media Business, New Media, Television

Revenues at BSkyB rose to eye-boggling proportions in the second half of this year despite the worst recession in history - proving that there is plenty of money in the right paid-for content.

Total revenues on the six month to December rose 10 per cent to £2.9bn and pre-tax profits were up from £276m to £358m.

More on this story from the FT. Here’s the full interim results statement.

Revenues in the six months to December 31 rose 10 per cent to £2.9bn, towards the top end of analysts’ expectations, while pre-tax profits rose from £276m to £358m

Tags: Broadcast, Journalism, Media Business, New Media, Television