Sky Go boosts BSkyB Q1
October 16, 2014
BSkyB has posted results for the three months to the end of September showing a record 309,000 users signing up to its Sky Go Extra service, which allows subscribers to watch programmes on portable devices when away from home. The number of On Demand downloads has more than trebled to almost 257 million in the quarter.
Sky Go now reaches 5.6 million registered households. Sky Go Extra, which sees customers pay an additional fee to add new devices, achieved a record quarter of growth with an additional 309,000 customers
BSkyB added 46,000 net new TV customers and 75,000 new broadband customers, lifting adjusted operating profit by 11 per cent to £316 million, ahead of forecasts of £311 million.
“The investments that we have made in new connected TV services are delivering growing benefits to our business,” the BSkyB chief executive, Jeremy Darroch, said. “Our mobile TV service Sky Go Extra achieved a record quarter of growth.”
BSkyB agreed to pay £4.9 billion to buy Rupert Murdoch’s Sky Deutschland and Sky Italia in June to take its hunt for growth abroad by creating a media powerhouse with 20 million customers.