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| Version 1 | Version 2 |
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| BSkyB revenues rise as customers choose extra services | BSkyB revenues rise as customers choose extra services |
| (about 3 hours later) | |
| Pay TV group BSkyB said that more customers took on additional services such as broadband and phonelines in the last quarter, boosting its revenue. | Pay TV group BSkyB said that more customers took on additional services such as broadband and phonelines in the last quarter, boosting its revenue. |
| BSkyB said pre-tax profit was £288m in the three months to September, compared with £307m last year. | BSkyB said pre-tax profit was £288m in the three months to September, compared with £307m last year. |
| But revenue rose to £1.72bn, up from £1.65bn a year earlier, with the firm adding 48,000 customers in the quarter. | But revenue rose to £1.72bn, up from £1.65bn a year earlier, with the firm adding 48,000 customers in the quarter. |
| James Murdoch was reappointed as a non-executive director at BSkyB's annual general meeting on Thursday. | James Murdoch was reappointed as a non-executive director at BSkyB's annual general meeting on Thursday. |
| Formula One | Formula One |
| Announcing the results, chief executive Jeremy Darroch said: "We have made a strong start to the year, delivering another good quarterly performance and continuing to position the business for the long term." | Announcing the results, chief executive Jeremy Darroch said: "We have made a strong start to the year, delivering another good quarterly performance and continuing to position the business for the long term." |
| Despite the first price rise in two years kicking in and competition from rivals such as Virgin Media and the YouView catch-up service, Sky TV remained popular. | Despite the first price rise in two years kicking in and competition from rivals such as Virgin Media and the YouView catch-up service, Sky TV remained popular. |
| "Despite market fears over new competition, TV adds (customer additions) continued to grow with 20,000 net adds," Morgan Stanley said in a note to clients. "This puts into perspective recent concerns that Sky might suffer a fall." | |
| Retail subscription revenue grew by 4% to £1.4bn, helped by the launch of a dedicated Formula One channel. | Retail subscription revenue grew by 4% to £1.4bn, helped by the launch of a dedicated Formula One channel. |
| Tennis had a record audience of 4.5 million viewers on the back of Andy Murray's US Open victory. | Tennis had a record audience of 4.5 million viewers on the back of Andy Murray's US Open victory. |
| The number of new households is no longer close to the 100,000-plus pay-TV subscribers it used to sign up per quarter, but the group said that average customer spend had increased as cable subscribers added new services. | The number of new households is no longer close to the 100,000-plus pay-TV subscribers it used to sign up per quarter, but the group said that average customer spend had increased as cable subscribers added new services. |
| Shares in BSkyB closed 7% higher at 759 pence in London. | |
| 'Highest integrity' | 'Highest integrity' |
| At BSkyB's AGM, James Murdoch was re-appointed to his director role with only about 5% of voting shareholders refusing to back him. | At BSkyB's AGM, James Murdoch was re-appointed to his director role with only about 5% of voting shareholders refusing to back him. |
| Mr Murdoch is a non-executive director at the company. He resigned as chairman of BSkyB in April following the phone-hacking scandal at the News of the World newspaper. | Mr Murdoch is a non-executive director at the company. He resigned as chairman of BSkyB in April following the phone-hacking scandal at the News of the World newspaper. |
| BSkyB chairman Nicholas Ferguson defended Mr Murdoch and his position on the board, saying he had shown the "highest level of competence and integrity". | BSkyB chairman Nicholas Ferguson defended Mr Murdoch and his position on the board, saying he had shown the "highest level of competence and integrity". |
| In September, Ofcom criticised him for his role in the phone hacking scandal. The regulator said: "We consider James Murdoch's conduct, including his failure to initiate action on his own account on a number of occasions, to be both difficult to comprehend and ill-judged." | In September, Ofcom criticised him for his role in the phone hacking scandal. The regulator said: "We consider James Murdoch's conduct, including his failure to initiate action on his own account on a number of occasions, to be both difficult to comprehend and ill-judged." |
| However, Ofcom's inquiry concluded that BSkyB was a "fit and proper" company to hold a broadcasting licence. | However, Ofcom's inquiry concluded that BSkyB was a "fit and proper" company to hold a broadcasting licence. |
| James's father, Rupert Murdoch, is the mogul behind the media empire News Corp, which owns 39% of BSkyB. | James's father, Rupert Murdoch, is the mogul behind the media empire News Corp, which owns 39% of BSkyB. |
| Public outrage over the phone hacking scandal last year forced News Corp to drop its $12bn (£7.7bn) bid to buy the 61% of BSkyB it did not already own. | Public outrage over the phone hacking scandal last year forced News Corp to drop its $12bn (£7.7bn) bid to buy the 61% of BSkyB it did not already own. |