Sky reports 26% growth in profits over second half of 2010

UPDATE: Sky has confirmed around 70,000 customers have now subscribed to Sky 3D.
Sky's chief executive, Jeremy Darroch, said today: "We are very happy with the progress of 3D to date and are really encouraged by the feedback we are getting from customers."
John Cassy, Sky 3D's channel director, added: “Around half of all 3D TVs sold so far in the UK are connected to Sky 3D.
“Coming up we will have our 100th live sports 3D broadcast, further cementing our position as a world leader in 3D sports production.
"We are also continuing to increase the breadth of our 3D programming, including performances by Diversity, natural history documentaries from Sir David Attenborough, and another world first, an upcoming broadcast of ENO's new production of Donizetti's Lucrezia Borgia”
Published 27/01/11:
Sky has announced its financial results for the last three months to December 31st, with 343,000 net new Sky+HD customers bringing its total HD base to 3.5m.
The company now has 10.09 million customers, including TV, broadband and telephone services, with 2.4 million of those customers taking all three services.
It was a good period for the company's broadband service, with the last three months of 2010 adding 204,000 new broadband subscribers.
In the six months to December 31st, Sky's revenue increased 15% to £3.2 billion, making for an operating profit up 26% year-on-year.
Sky also announced the purchase of the gross assets of wireless hotspot provider The Cloud for £17.1million, giving the company access to 5,000 public wi-fi locations across the UK.
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Comments
Headfunk When I got my 3D tv I could not even receive
the twin pictures until i got Sky to 'switch on'for me
so your situation seems unusual.
Clive - Oxford
Not sure i understand their 70,000 sign up claim, and whether it means anything at all.
Any Sky customer who takes out full Sky World package (ie, all channels inc Sport and Films) automatically becomes eligible for Sky 3D.
Now with a signup of 10 million people (which Sky have claimed) then 70,000 is less than 1%, plus out of the 70,000 subscribers there's no proof/need that they actually own a 3D tv.
Obviously pointless subscribing if you haven'y got a 3D tv, but the option is still there so 70,000 means nothing.
I totally agree with 'tonyroolze' in that they should build better quality box's and definatly also have DD5.1 hd sound via hdmi with reliability to boot. I do not see why this would be so hard to accompolish, they just need to spend a bit more and with profit's galore i do not see why not.
Any chance of SKY building some quality Sky boxes then with decent DD5.1 hdmi sound output and better reliability all round?
With all those big profits i don't see why not!
I�m all for new tech and don�t want to start a war but I have never contacted sky to "subscribe" so I would argue that the above figure is out by at least 1. When it was first introduced, flicking through channels, the 3d channel would say "to subscribe call..." not its live and I haven�t contacted sky for this.
To put Headfunk strait you have to register with Sky to receive 3D so the 70,000 is probably correct.
Clive - Oxford
Would be interesting to know if that "70,000 customers have now subscribed to Sky 3D" includes people like me who have a HD box but do not have 3d TV, I can view the 3d cancel and it appears as 2 screens side by side so i guess I�m subscribed??
If so the "70,000" is clearly not the number of people using sky 3d.