News Corps DTH operations contributed revenues of US$927m (Â625m) during the quarter ending September 30, down from US$969m a year earlier.
Sky Italia reported first quarter operating income of US$128m, a $37m year-on-year decrease, driven by programming costs reflecting a larger average subscriber base, higher soccer costs and the addition of 16 new channels over the previous 12 months.Â Sky ItaliaÂs 4.8m quarter-end subscriber base remained unchanged compared to the previous quarter.
News Corp reported net income of $571m during the quarter ending September 30, up 11% year-on-year, largely driven by higher operating profit and equity contributions from affiliates due to the absence of a US$422m write-down of the companyÂs investment in Sky Deutschland. News Corp didnÂt reveal further financial details relating to Sky Deutschland.
Total News Corp revenues reached US$7.2bn up from US$7.5bn a year earlier.
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10 April 2021 @ 16:00:01 UTC