Murdoch's pay-TV arm Sky shows signs of slowdown

asd2

James Murdoch’s pay-TV giant, Sky, is likely to miss its 10 million subscriber target by 2010, according to the Sunday Telegraph.

BSkyB needs to add 400,000 customers a year to hit the target, but according to industry estimates, it will announce 380,000 new recruits in its end-of-year results at the end of July.

• Meanwhile, Sky is likely to find out this week whether its appeal against a Competition Commission ruling that it must sell its stake in ITV has been successful. The company has lost millions of pounds after ITV’s share price continued to tumble.

Comments
No comments to display

Leave a Reply

Your email address will not be published. Required fields are marked *

1 × one =

CLOSE
CLOSE