Despite operating in a challenging market, Sky has continued to increase revenues, with the resilient performance of its direct-to-consumer and content businesses offsetting the disappointing drop in advertising income
Across FY 2019, EBITDA was up 12.2%; profit growth driven by a significant reduction in “other” costs as large one-off effects disappear and cost-cutting continues
Extended distribution deals with Netflix and WarnerMedia will protect Sky’s content proposition for the coming future, as would the mooted integration of Disney+
Continued DTC subscription growth; ARPU returns to growth
Content revenue continues to grow; a stronger slate to thank?
Advertising down as a weak market and whistle-to-whistle bite
EBITDA meets full year guidance
Viewing and content in the UK
Distribution deal with Disney+
NBCU’s Peacock—international deployment through Sky?
European football auctions
$300 million investment in Sky Q and Italian broadband
Sky/NBC News service
UK full fibre broadly positive for Sky
Sky in France?
List of charts/tables
Figure 1: Headline financials ($m) and YoY growth rates
Figure 2: Sky retail customer net adds (000)
Figure 3: YoY growth in Sky DTC subscribers and ARPU* (%)
Figure 4: Sky annual net subscriber additions (000)
Figure 5: UK Sky branded channels' share of viewing, individuals 4+ (%)
Figure 6: NBCU TV programmes† in the United Kingdo