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 😏

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Comcast Delivers Revenue and Earnings Gains Despite Softness at NBCUniversalComcast matched Wall Street’s expectations for its third quarter revenue and earnings per share despite tough year-over-year comparisons for NBCUniversal. Comcast delivered $26.8 billion in r… As a Media Consultant the complicated issue of content really comes down to this ? What programing, if any are going to watch live from the originating time Zone. The internet is best effor to stream and it evolves on it's own !!!! I bet they did... my cable bill is waaayyyy too damn high.
Source: Variety - 🏆 108. / 63 Read more »

8 Small Business Owners On What It’s Really Like To Start Your Own Company'I was let go from my first well-paying job right out of college at 24 and decided to give a try. I was not prepared and it caused a lot of mental and physical problems for me.' She’Neil Johnson of BASEBUTTER shares.
Source: Refinery29 - 🏆 26. / 68 Read more »