BSkyB passes 30m subscribers

(Source: Reuters)

Broadcasting company BSkyB has released results for the nine months ended 31 March (release). Pre-tax profits rose from £899m to £966m as subscriber numbers passed 30m for the first time and allowing the firm to create an additional 550 jobs to meet new demand.

Chief executive Jeremy Darroch commented on the results:

In our television business, we continue to see rapid growth in our connected TV services as customers take advantage of new ways to watch our content. The number of internet-connected Sky+HD boxes grew by almost 45,000 every week in the quarter, leading to a fivefold increase in On Demand downloads and 37% growth in movie rentals against last year.