Oct 12, 2017
Game of Thrones boosts Sky revenues
The popularity of Game of Thrones helped to propel revenues and earnings higher at Sky in the first three months of its financial year. The broadcaster on Wednesday reported revenues of £3.3bn for the three months to September, an increase of 5 per cent over the prior year on a like-for-like basis. The popularity of the seventh series of the medieval fantasy epic helped Sky add 161,000 new customers in the quarter, a 51 per cent increase on the same time last year. Rupert Murdoch plans to take full control of Sky through his parent company 21st Century Fox. Sky has said that if the offer, priced at £10.75 per Sky share, is not effective by December 31, it will pay a special dividend on 10p per share without any reduction in the bid price.
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