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International Entertainment News

Friday, July 29, 2011

BSkyB CEO Interviewed on Full-Year Results

BSkyB CEO Interviewed on Full-Year Results

LONDON, July 29, 2011/PRNewswire-FirstCall/ --

BSkyB Chief Executive Jeremy Darroch announces that the company will be
increasing returns to shareholders through the combination of a significant
share buy-back and a 20% rise in the dividend.

In a video interview with financial broadcaster
http://www.cantos.com he says: "I think we have the right balance
between investments for future growth, but also accelerating returns to
shareholders and the efficient management of our balance sheet."

He maintains that the failed News Corp bid had little impact, if any, on
performance during the period and that the Sky brand had been largely
unaffected. News Corp will take part in the buy-back pro rata to their
existing shareholding, ensuring that their stake in BSkyB does not increase.

Commenting on the positive figures the company announced, CFO Andrew
Griffith picks the 30% growth in revenue as a particular highlight. He also
discusses the balance sheet in light of the share-buyback and speaks about
the dividend.

The interviews and transcripts are available now on
http://www.cantos.com/company/british+sky+broadcasting

Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If
you would like to contact us, please email prnsupport@cantos.com or phone
+44-207-936-1352.

Source: British Sky Broadcasting

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