Sky TV says programming costs-to-revenue ratio likely to rise in 2016

Tue, 26 May 2015

By Fiona Rotherham May 26 (BusinessDesk) - Sky Network Television, the country’s dominant pay-TV company, says programming costs as a percentage of revenue will be at the top end of its historic range in 2016 The programming costs-to-revenue ratio is likely to be in the 35 percent range for the 2016 financial year, up on its historical range of 30 percent to 35 percent, the company in presentation slides for an investor day. Sky TV said it had recently increased its basic and sport tier pricing by $1.15 and $1.61 respectively, partly due...

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