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Sky H1 2017/18 results: Solid platform, questions on content - Venture Insights

Report Overview

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Sky H1 2017/18 results: Solid platform, questions on content

PublisherEnders Analysis.
Publish Date February 14, 2018
Sector Media, Telecom, TV.
Company Sky Italia, Walt Disney.

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Sky H1 results were very solid, maintaining 5% revenue growth and 10% EBITDA growth, with Sky continuing to support a widening product portfolio and more expensive core products with strong cost control and execution

Subscriber volume growth was a little weak at the margin, but this will be helped by all-IP products expanding the economically addressable base in new, and existing, markets

There remain questions on content, with the outlook for premium football rights uncertain in the UK and Italy, and investment in Originals questionable given a mixed track record, but certainly with upside