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Sky Q3 2015/16 results: Content scale is king - Venture Insights

Report Overview

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Sky Q3 2015/16 results: Content scale is king

PublisherEnders Analysis.
Publish Date April 26, 2016
Sector Media, TV, UK Media.
Company SKY.

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Europe’s leading pay-TV operator Sky has extended its long run of strong quarterly results with revenues up 5% in the first nine months of 2016 and operating profits up 12% as Sky retains its intense focus on cost efficiencies and synergies across the group.

The KPIs were largely very positive, though the churn uptick from a very low base in the UK & Ireland in recent quarters raises questions about the factors at play, while the one notable short-term uncertainty is the outcome of the Bundesliga auction during Q4.

Of the big themes highlighted in the results release, Sky’s commitment to building major content partnerships at a European level stands out as it faces the growing online challenge from Netflix, Amazon et al.