Sky Media share grows despite Virgin viewers loss

LONDON - Sky's removal of its basic-tier pay TV channels such as Sky One from Virgin Media, has cost the company £4m in lost advertising revenue. However its Sky Media operation managed to increase its underlying TV ad market share last year.

During the six months to 31 December, Sky generated £167m in advertising revenues, down from £171m during the same period a year earlier. Sky said the fall reflected the non-carriage of its basic channels on Virgin Media's cable platform.

After failing to agree new carriage terms with Virgin Media last year for carriage of its basic-tier channels, Sky removed the channels from the cable platform.

However, excluding this impact, Sky Media managed to grow its share of UK TV ad spend during the period.

BSkyB financials for the second half of 2007 show that Sky Media's share of spot TV ad spend was up year on year by 0.3 percentage points, to an average of 14.2%.

Market Reports

Get unprecedented new-business intelligence with access to ±±¾©Èü³µpk10’s new Market Reports.

Find out more

Enjoying ±±¾©Èü³µpk10’s content?

 Get unlimited access to ±±¾©Èü³µpk10’s premium content for your whole company with a corporate licence.

Upgrade access

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an alert now

Partner content