February 03, 2013

Sky shines, Virgin Media to announce this week

Virgin Media will be announcing its Full Year and Fourth Quarter 2012 results on Wednesday 6 February 2013 at 7am. Pop back to this blog that morning for details and the usual management gloss on what will likely be so-so results. Gone are the days when there would be new channels or even new HD channels announced in the week of the results. There's a new deal been signed with Discovery but no word yet as to what this actually means - Animal Planet HD maybe? Don't get your hopes up. Meanwhile, Sky announced results last week and they were pretty impressive yet again:
[source: Guardian] BSkyB has 10.33m TV customersa nd reported six-monthly pre-tax profits up 7.5% to £642m to 31 December, beating most analyst expectations. The number of customers taking high definition TV rose 93,000 to 4.56m of its total customer base. Revenue rose 5% to £3.5bn in the six months to the end of December. Average revenue per user rose £24 year on year to £568. Churn rose slightly from 9.6% at 31 December 2011 to 10.3% at the end of last year.

2 comments:

howardmicks said...

no surprises there,Sky listen to what customers want more HD Channels.VM continue to ignore and with the recent hefty price rise(still waiting for something to justify this) i hope figures are down then maybe vm will wake up and do something about it (we hope)

Unknown said...

I left VM after 20 years as I got a 50% of deal with Sky ie sports, movies, telephone and broadband 10mb unlimited for £42.50. I gave VM the opportunity to match it as I didn’t want to give up my TiVo box but the best they could do was the full price of £78 so no deal there so I walked. VM need to get real and start offering some decent deals IMHO.
If anyone is thinking of leaving I would suggest that it is worth it if you can get a deal but the Sky set top box is nowhere near as good as TiVO and it only has a small hard disk if you go for the free box as I did. It is counter intuitive at some things, only has two tuners and doesn’t remember series links which is crazy. Sky Go is great.