BSkyB plunges on skepticism over bold subscriber target

Article Abstract:

Despite a sharp rise in its fiscal-year earnings, pay television provider British Sky Broadcasting PLC sees its shares fall by 14%. A decrease in the number of new subscriptions for the company's service, and concern among investors that the broadcaster's goals for future subscription levels are not realistic, are seen as possible causes for its weakening share value.

Strategy & planning, Forecasts, trends, outlooks, Securities issued, listed, Forecasts and trends, Market trend/market analysis, Securities, Company securities, Subscription television, Aims and objectives, User statistics

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BSkyB's net profit falls 35%

Article Abstract:

British Sky Broadcasting Group PLC of the United Kingdom posted a 35 percent slide in profit in the fourth quarter to 126 million Pounds ($234 million) compared with 193 million Pounds last year. Market share rose 3.9 percent to 1.07 billion Pounds. Profit decreases were due to a new marketing program aimed at new customers.

Company overview

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BSkyB's net advances on strong subscriber growth

Article Abstract:

British Sky Broadcasting Group PLC of the United Kingdom posted an 8.9 percent increase in net profit to 134 million Pounds in the second quarter. Sales rose by ten percent to 1.11 billion Pounds. Subscriptions to the satellite communications service were up by 215,000 to a total of 8.1 million subscribers.

Company Profile, Market size

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