SkyTV earnings per viewer fall as programme costs rise 11.6%

SkyTV earnings per viewer fall as programme costs rise 11.6%
Pattrick Smellie
By Pattrick Smellie Aug. 26 (BusinessDesk) - The cost of maintaining the most compelling sports, television series and movies rose 11.6 percent to $331.1 million in the year to June 30, says pay-TV provider Sky Network Television, taking the cost of programming to 35.7 percent of total expenses, compared with 32 percent the year before. That was a primary driver behind a year in which total operating costs rose 10.1 percent on the previous year, while average revenue per customer fell slightly to $78.63, from $79.54 the year before. Fo...