GECs
BSkyB posts record financial results
MUMBAI: Full-year operating profit at BSkyB reached a record ?1.3 billion ($2 billion), up nine per cent from a then-record of ?1.2 billion ($1.86 billion) in the prior fiscal year.
Revenue for the year ended 30 June, 2013 rose seven per cent to ?7.2 billion ($11.08 billion). EBITDA was up eight per cent, at ?1.7 billion ($2.6 billion).
The British pay-TV giant added 34,000 TV subscribers in the latest quarter, compared with 20,000 TV sub additions in the year-ago period. Existing customers upgraded to new services at a rapid rate. There was 170-per cent growth in internet-connected Sky+HD boxes, to 2.7 million; a 19-per cent increase in Sky Go users, to 3.3 million; a fivefold increase in On Demand downloads; and 200-per cent growth in Sky Store video rentals. BSkyB’s new NOW TV sports day pass had more than 50,000 individual users purchase a pass in the first three months.
Looking ahead, BSkyB said it wants to extend leadership in core areas such as original British drama and sky sports, but also to accelerate the take-up and usage of new services, which this year saw a strong response from customers.
BSkyB chief executive Jeremy Darroch commented, “We have had another very good year of growth, with revenues up seven per cent, operating profit up nine per cent and earnings per share up 18 per cent. The strength of our financial performance is a result of our successful transition to more broadly-based growth and sustained investment to create a better service and wider range of products for customers.”
“On the back of this performance, we are increasing returns to shareholders with the ninth consecutive rise in the ordinary dividend and we intend to seek approval for a further ?500 million of share repurchases.”
“Over the course of the year, we added more than three million new paid-for subscription products. We finished the year strongly with 11 per cent organic growth in product sales for the fourth quarter, reflecting good demand in all areas. It was a particularly significant quarter for home communications as good organic growth, combined with the consolidation of the consumer broadband and fixed-line telephony business acquired from O2, delivered well over a million product additions.”
“In our television business, there has been an excellent response from customers to our new services. We’ve seen an explosion in on-demand and mobile viewing as more people connect their Sky boxes to broadband and watch TV on laptops and mobile devices with Sky Go. Sky Go Extra, our new subscription service, has already attracted more than 150,000 customers in just five months. Customers tell us they get huge value from these services. The benefits to our business are equally strong through take-up of higher-tier packages, expanded revenue opportunities and improved customer satisfaction. We see an exciting opportunity for future growth in this area and we intend to increase investment over the next year to accelerate growth and returns from these new services.”
“We expect the consumer environment to remain challenging over the coming twelve months. Against that backdrop, we have a strong set of plans that will extend our leadership in core areas – on screen, in home communications and in front-line service delivery; accelerate growth in new services; and improve efficiency to build a bigger, more profitable business for shareholders.”
GECs
Asianet Television Awards 2026 celebrates women power in Malayalam TV
“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.
MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.
The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.
Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.
The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.
Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.
The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.
Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.
