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Sky UK Q4 2018 results: accelerating growth - Venture Insights

Report Overview

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Sky UK Q4 2018 results: accelerating growth

PublisherEnders Analysis.
Publish Date February 4, 2019
Sector Media, Telecom.
Company SKY, Sky Deutschland, Sky Group, Sky Italia.

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Sky’s revenue growth under Comcast appears to have accelerated since it last reported as an independent company, largely driven by sports rights expansion in Italy, which also drove bumper subscriber growth in Q3 2018

Sky UK likely enjoyed a steadier performance, helped by accelerating high speed adoption, a price rise in April, increased international sales, and improving premium channel adoption on third-party platforms

Comcast expects continued acceleration into 2019, with profitability taking a hit from increased sports rights in Italy in H1, but this is more than compensated for by reduced English Premier League rights costs in H2