Sky profit and subscriber numbers on the rise

Sky TV has announced a 2 per cent rise in its net profit in the year to June 30.

The broadcaster announced earnings before interest, tax, depreciation and amortisation of $336m with a profit of $122.8m.

The total number of Sky subscribers increased over the year by 2.1 per cent, to 846,931.

The subscriber base features 819,590 residential digital subscribers and 27,341 commercial and other subscribers, meaning that Sky is now in almost 50 per cent of kiwi homes.

Source: Herald

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