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SBD Global/August 14, 2012/Media

Sky Deutschland Reveals Second Quarter Numbers; $24.7M In Revenue

German pay-TV channel Sky Deutschland "generated revenue of more than" €20M ($24.7M) during the second quarter of '12, according to Fabian Riedner of QUOTENMETER.de. In comparison, over the same period in '11 Sky Deutschland reported a €78.4M ($96.7M) "loss before taxes, interest and write-offs." On June 30, 2011, Sky "had about 2.7 million subscribers." This year, investors "expect that the pay-TV channel increased its number of subscriptions to 3.4 million." Soon, Sky will "most likely return to numbers in the red because the current profit directly correlates with the Bundesliga's summer break" (QUOTENMETER.de, 8/12).
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