Global Distribution Of Original Sky Dramas Including ‘Patrick Melrose’ Boosts Comcast-Owned Company’s Revenue

The pay-TV broadcaster, which operates in the UK, Germany and Italy, saw revenue fall by 4.2% to $4.6B over its third quarter. It noted that excluding the impact of currency, revenue increased by 0.9%, driven by higher direct-to-consumer and content revenue.

The company noted that it was helped by its “direct-to-consumer” drive, which includes its streaming service Now TV as well as its traditional pay-TV services, helping DTC revenue increase by 1.9% to $3.8B with more customer relationships, although this was partially offset by a decrease in average revenue per customer relationship, an impact of subscribers taking cheaper packages.

Content revenue increased 15.4% to $315M, driven by sales of its original programming and the wholesaling of sports programming., folding it into the wider NBCU distribution group, but not before Jane Millichip’s division hit its $247M revenue target two years ahead of schedule. This growth, however, came as advertising revenue fell 13.8% to $446M, as a result of changes to to gambling advertisements in the UK and Italy, as well as overall market weakness.Subscribe to

Sky makes High Quality Premium Content nowadays. Keep it up skyatlantic 😏

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