BSkyB results for the three months ended 30 September 2013

Thursday, October 17th, 2013 
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MIDDLESEX, United Kingdom — British Sky Broadcasting Group PLC (LSE:BSY) has released unaudited results for the three months ended 30 September 2013.

Strong customer demand delivered an increase of 800,000 paid-for subscription products over the three-month period, with quarterly growth up 50% year on year. We saw good growth across all TV products, adding 37,000 net new TV products and 107,000 new customers to HD. Sky Go Extra, our paid-for mobile TV service, continued to grow strongly with the addition of 219,000 new customers in the quarter, taking the total base to 385,000.

Connected TV services

Our plan to accelerate growth in new connected TV services has had an immediate impact. A record 642,000 customers connected their Sky+HD boxes to broadband in the quarter. As a result, the number of connected homes reached 3.4 million, up from 1.3 million last year, making Sky the UK’s fastest-growing connected TV service.

We also expanded the range of content available to access on demand in the quarter, adding six new channels to Catch Up TV, including Universal and the Disney Channel, and over 25% more hours of programming on TV Box Sets. Overall, the number of average weekly On Demand downloads increased fourfold to over 6.5 million while the number of movie rentals through Sky Store more than doubled to 2.1 million.

Meanwhile, more customers than ever are using our mobile TV service Sky Go. Sky Sports viewing on Sky Go was up more than 40% on the same time last year while viewing to Sky Movies on Sky Go increased by almost 50%.

Customer Metrics (‘000s)

                            As at      As at  Annual  Quarterly Growth
                        30-Sep-13  30-Sep-12  Growth         30-Sep-13
                        ---------  ---------  ------  ----------------
Paid-for subscription      32,434     28,898  +3,536              +800
 products ('000s)
 TV                        10,459     10,308    +151               +37
 HD                         4,893      4,468    +425              +107
 Multiroom                  2,503      2,423     +80               +14
 Sky Go Extra                 385          -    +385              +219

New connected TV
 services ('000s)
 Internet-connected          3,351     1,255  +2,096              +642
  Sky+HD boxes
 Sky Go unique users         3,291     2,768    +523               +34

TV KPI Summary (000)

                                            FY11/12                         FY12/13  FY13/14
                     ------------------------------  ------------------------------  -------
                         Q1      Q2      Q3      Q4      Q1      Q2      Q3      Q4      Q1
                     ------  ------  ------  ------  ------  ------  ------  ------   ------
TV                   10,213  10,253  10,268  10,288  10,308  10,358  10,388  10,422   10,459
Sky+HD                3,925   4,063   4,222   4,343   4,468   4,561   4,669   4,786    4,893
Multiroom             2,295   2,350   2,378   2,402   2,423   2,467   2,476   2,489    2,503
Sky Go Extra              -       -       -       -       -       -      44     166      385
Connected HD boxes      204     442     604     995   1,255   1,715   2,284   2,709    3,351
Sky Go unique users   1,625   2,107   2,607   2,740   2,768   3,066   3,262   3,257    3,291