Stable quarter for Sky Italia
08.53 Europe/London, February 9, 2012 By Julian Clover
Sky Italia reported a modest subscriber increase in Q4, but was able to post increased profits.
Having made it through the five million subscriber during the third quarter of 2011, just 23,000 net additions were recorded in the final quarter of the calendar year.
However, the combination of increased advertising and subscription revenues meant that News Corpís Italia DTH operation was able to record a $6 million operating income, much improved on the $12 million operating loss of 12 months previous.