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International Entertainment News

Monday, January 30, 2012

BSkyB - Half Year Results Interview with CEO and CFO

BSkyB - Half Year Results Interview with CEO and CFO

LONDON, January 31, 2012/PRNewswire-FirstCall/ --

In a half year-results video interview, BSkyB Chief Executive Jeremy Darroch reveals
that the company put in a strong performance across all areas of the business during the
period.

"I was pleased overall with our performance. And it's been another quarter of good
growth. We added 800,000 product sales during the quarter, we grew our base of household's
to 10.5m UK homes and the financial performance of the business was really very strong, so
we've delivered another half year of double digit growth in cash flow, profit, earnings."

He also announces that as well as launching its dedicated Formula 1 channel in the
second half, BSkyB will also be unveiling its own OTT service.

Commenting on the financial results, CFO Andrew Griffith describes how the company was
able to achieve 6% growth despite the customer price freeze currently in place. He also
outlines the reasons behind a slight uptick in capex during the half and gives an update
on local loop unbundling progress:

The interviews and transcript are available now on
http://www.cantos.com/company/British%20Sky%20Broadcasting.

MerchantCantos produces in-depth interviews, documentaries and webcasts with senior
company executives.

If you would like to contact us, please email prnsupport@merchantcantos.com or
phone +44-207-936-1352.

Source: BSkyB


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