X

Digital viewers up but sales fall.Users numbers rise but Foxtel revenues still dropped $96 million to $697 m for the quarter to March 31, blamed on foreign currency fluctuations, News Corp said in a statement. 

Foxtel subscriber numbers jumped 5% to 2.6 million driven by an increase in digital subscribers to Play, which it has been pushing hard, as well as the exclusive Australian broadcast of cult TV shows like Game of Thrones.
Cable and satellite churn improved almost 2% to 13.1%, which indicates the rate at which subscribers are leaving the Pay TV service. 
News Corp’s total quarterly sales fell 5% to $2.08 billion, blamed on lower ad revenues from newspapers and foreign currency fluctuations. The media giant’s Australian newspapers, which includes The Daily telegraph and The Australian, declined 21% alone. 
Net profit (available to stockholders) fell dramatically – to $48 million compared to $323 million for the prior year. 
Foxtel’s operating income jumped $14 m to $132 m due to cost savings and reduced asset amortization from the Austar acquisition.
gtv r3 728x90 px Game Of IPTV: Foxtel Online Viewers Up
LG016 Corporate 4square Media LG ToneFree FP9 LB 728x90 Game Of IPTV: Foxtel Online Viewers Up
728 x 90 1 Game Of IPTV: Foxtel Online Viewers Up
728x90 3 Game Of IPTV: Foxtel Online Viewers Up
220524 SAV 4square May leaderboard Game Of IPTV: Foxtel Online Viewers Up
Leaderboard 728x90 Game Of IPTV: Foxtel Online Viewers Up
2 1 Game Of IPTV: Foxtel Online Viewers Up
1 Game Of IPTV: Foxtel Online Viewers Up
SPORT TW Banner Conversion EN 728x90 1x Game Of IPTV: Foxtel Online Viewers Up
ARL0575 Tax Time 20 728x90px 72dpi Banners V2 Game Of IPTV: Foxtel Online Viewers Up


YOU MAY ALSO LIKE