As a regular follower of moneyam I know this bulletin board loves small shares but please consider BSkyB as it will launch a free-to-air service later this year, which will compete with Freeview. For a one off 150 you will be able to gain access to alomst 200 digital channels and have access to pay per view events with no monthly subscription. 27% of the population cannot get Freeview due to weak transmission and with only 43% population with sattelite or cable there is massive growth potential. (Shares June2004)
BSkyB"s recent figures showed subscriber numbers were 19000 down on expectations of 100000 for the last 3 months, but pre tax profits quadrupled. Expenditure of around 450m will be needed in the next 4 years to support growth.
At the current price of 485p on a PE of 16 the shares are sitting near their yearly low, I recently bought 514p and would aprreciate other peoples views, has this recent sell off been overdone ?

BSkyB reports double-digit growth

Chairman's Statement.

RNS Number : 2461G
British Sky Broadcasting Group PLC
28 January 2010

?
BRITISH SKY BROADCASTING GROUP PLC
Results for the half year ended 31 December 2009
GOOD SECOND QUARTER COMPLETES A STRONG FIRST HALF
Strong demand across the board in the second quarter
* Good progress on both legs of growth - adding more customers and selling more
products
- 172,000 net additions takes the total customer base to 9.7 million -
One million net subscription product sales, up 36%

* Sky+HD surpasses two million households with net additions more than double the
prior year at 482,000
* 18% of customers now take TV, broadband and telephony

More innovation for customers in 2010
* Bringing more high quality content and HD channels to customers
* Switching to selling HD-enabled set-top boxes as standard
* Launching Europe's first dedicated 3D TV channel

Strong financial performance in the first half
* Total revenue up by 10% to GBP2.9 billion
* Absorbed the cost of strong demand to deliver 4% growth in operating profit to
GBP401 million
* Strong financial progress in broadband and telephony
* Free cash flow up 5% to GBP290 million1
* Adjusted basic EPS of 14.47 pence1 up 11%; reported basic EPS of 14.70 pence up
54%
* Interim dividend increased by 5% to 7.875 pence per share

Pretty impressive numbers skinny! My short got blown out of the water -15 :-((((

Bad Luck Chris - it was on my list, but after the last couple of days, I decided I had enough open. I guess with more people staying in due to money constraints, a move to the upside was more likely.

Ofcom orders Sky to slash wholesale prices
Business Financial Newswire
Sky must offer to supply Sky Sports 1 and 2 to other retailers for example, cable, terrestrial and IPTV at a wholesale price set by Ofcom.

BSkyB said it will launch a legal challenge against the ruling.

Ofcom has set a wholesale price of 10.63 for each of Sky Sports 1 and 2, when sold on a standalone basis, which is 23.4% below the current wholesale price to cable operators.

Most consumers currently buy packages which include Sky Sports 1 and 2 and the wholesale price for this service bundle has been reduced by 10.5% to 17.14.

Ofcom has given conditional approval to Sky and Arqivas request to offer pay TV services on digital terrestrial TV (known as Picnic).

Approval of Picnic is subject to Sky implementing a wholesale deal under the supply obligation for Sky Sports 1 and 2. In addition, if Sky decides to offer movie channels on digital terrestrial TV then those channels must also be offered to other digital terrestrial TV operators.

Ofcom is consulting on its proposed decision to make a reference to the Competition Commission asking the Commission to address concerns regarding the sale and distribution of subscription video-on-demand premium movie rights (but which cannot be addressed fully using Ofcoms powers).

Sky must offer to wholesale high-definition versions of Sky Sports 1 and 2. HD is a relatively new innovation. To help to promote future innovation Ofcom has not set wholesale prices for the HD channels but requires them to be offered on fair, reasonable and non-discriminatory terms.

3rd quarter results.

Continued Strong Customer Growth in the Quarter

Third quarter net customer growth of 62,000 to reach 9.770 million households

Success in our multi-product strategy with ARPU up 11%; net additional subscription product sales of 878,000

Strong response from customers to new Sky+HD box price with 428,000 net HD additions

1.9 million customers taking all three of TV, broadband and telephony, up 39%



Accelerating Financial Performance - Double-Digit Growth in Revenue and Earnings

Total revenue up 10%; adjusted revenue up 11% to 4,383 million

Adjusted operating profit up by 5% to 618 million, despite upfront cost of strong demand for HD; reported operating profit of 645 million up 4%

Adjusted basic EPS growth of 16% to 22.3 pence; basic EPS of 31.1 pence

Strong growth in free cash flow, up 17% to 310 million

NEWS CORPORATION PROPOSES TO THE BOARD OF BRITISH SKY BROADCASTING GROUP PLC
A CASH OFFER OF 700 PENCE PER SHARE FOR THE BRITISH SKY BROADCASTING GROUP PLC
SHARES IT DOES NOT ALREADY OWN

BSkyB: News Corp Bid Undervalues Co, Seeks 800P/Share Bid
LONDON (Dow Jones)

British Sky Broadcasting Group PLC (BSY.LN) said Tuesday it considers the terms of the proposal from News Corporation (NWS) to undervalue significantly BSkyB, adding that it wont' recommend an offer if it were made at 700 pence per share but would be prepared to support a bid in excess of 800 pence.

Unaudited results for the six months ended 31 December 2010

Record Q2 product growth

Total net product growth of 1.204 million

- Surpassed 10 million customer milestone with 140,000 net additions

- Net additional Q2 product growth up 7% to 1.064 million

HD reaches 3.5 million customers, up 68% year on year

Fastest broadband growth in 10 quarters with 204,000 net additions

24% of customers now taking all three of TV, broadband and telephony


Bringing outstanding content, more innovation and greater value to Sky customers

Sky Atlantic, a brand new entertainment channel, to launch on 1 February for Sky TV customers at no extra cost

Sky Anywhere to allow easy access to Sky content on multiple devices, supported by acquisition of leading public Wi-Fi operator 'The Cloud'

Improving customer service with the opening of new contact centres across the UK, creating 1,500 jobs at Sky


Excellent financial performance; strong growth in revenue, profit and cash flow

Revenue up 15% to 3.2 billion with broadly-based growth

Adjusted operating profit up 26% to 520 million; operating margin expansion of 140 basis points to 16.3%

Adjusted basic EPS up 32% to 20.0 pence

Adjusted free cash flow up 44% to 443 million

Interim dividend up 11% to 8.74 pence

Strewth! As the boss might say.
How much further?

Looks like 'the bid' might now be off and these might well be going back down to circa 760 or even 700.

dont you mean 300p

the deal is finished sell sell sky will be split up

WHO WANTS TO HAVE ACTIVITIES WITH THE - MURDERER / MURDOCH -

Well the campaign has got some results ........

News of the World to close
News International says the News of the World
will publish its final edition on Sunday.

Next is to get the WITCH her punishment



She has the look of a " witch "alright

news the sky deal will go ahead that is a CERT . remember i told you it is a cert
it can not be stopped fact

it is a terrible thing for the innocent people at the NOTW
a few bastards should not be allowed to destoy there jobs

if the police took cash have MPs taken cash ?

Why ask us when you tell us you know just about everything? -):