back to article BSkyB hands out £1bn, board backs James Murdoch

BSkyB, which is 39 per cent-owned by Rupert Murdoch's media empire News Corp, coughed up £1bn to investors today and threw its full support behind its embattled chairman James Murdoch. The company reported a 16 per cent rise in full-year revenue this morning at £6.45bn, compared with £5.7bn at the end of June 2010. Operating …

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  2. Anonymous Coward
    Anonymous Coward

    Average revenue per user ...

    ... will tumble if there are further benefit cuts.

  3. TeeCee Gold badge
    Mushroom

    Let me guess how that went.

    "All those in favour of Mr Murdoch staying in charge? Great, that's unanimous then. You, you and you however were a bit on the slow side in raising your hands. Door's thattaway and we'll get security to toss your belongings onto the street..."

    1. Captain Scarlet Silver badge
      Coat

      erm

      Can't see it like that without a cash incentive try:

      "All those in favour of Mr Murdoch staying in charge

      ......

      All those in favour of Mr Murdoch staying in charge and getting a wedge of cash

      *Everyone agrees and congratulates themselves*"

  4. louis walsh's toilet
    Thumb Down

    sky broadband - your thoughts?

    cos when i used it last, it was capped at 2Mbit/sec and didn't even get near that.......i suppose jo public still sees the package as a 'bargain'......

    1. Code Monkey

      Joe Public

      Joe Public will do what Sky tells it to do.

    2. PsychicMonkey
      Thumb Up

      how far from the exchage are you though?

      I've been on sky broadband for the last 4 years, originally I got about 3meg, but this was due to the distance from the exchange. Now having moved house I get around 7meg which again is dictated by the exchange distance. The broadband was switched on the day I moved in as well.

      Overall very happy with it, no traffic shaping or limits either unlike a lot of the other players.

      1. mamsey
        Happy

        Seems excesive...

        ... to move house just to get better broadband speed.

  5. Magnus_Pym

    How much?

    They average £539 a year from their subscribers. £45 per month. Wow.

    1. Code Monkey

      Re: How much?

      Jeez. That's 3 decentish nights down the pub, which I'd much rather do.

      Telly's the enemy, Sky TV doubly so.

      1. PsychicMonkey
        Pint

        I'd love to go to the pub

        but with youngs kids life tends to lead towards the telly rather than the pub.

        1. Code Monkey
          Pint

          @PsychicMonkey

          I study after work so telly's constantly threatening to distract me. The pub's much, much better but less of a temptation as it's a 10 minute walk to a decent one. BTW are we related? ;o)

    2. Anonymous Coward
      Devil

      Cancelled and switched to Freeview.

      'Tis no sin to cheat the devil.

      - Daniel Defoe

  6. b166er

    How sad

    Indeed, my father was debating the cost of getting one of those new fandangled flat television sets, when I pointed out he spends the £600 the TV would cost YEARLY on watching Murdoch's drivel.

    I mean, they don't even know who Louise Boat is :D

    Fancy paying £600pa and then watching adverts as well. He may be a cunt, but he's certainly a businessman. (Obviously the 2 aren't mutually exclusive) Maybe I'll spend the £600pa on shares.

  7. Mike Richards

    And since they're doing so well

    Perhaps they'd like to start paying some tax on their income?

    1. John Smith 19 Gold badge
      Joke

      @Mike Richards

      "Perhaps they'd like to start paying some tax on their income?"

      Oh now come on old boy that's a bit harsh.

      Paying taxes as *well*.

      Besides, Junior's probably started putting a bit aside in case of any "unexpected" legal bills due to practices that *might* come to light (but which he was *wholly* unaware of) while running his part time job at News International.

  8. The Indomitable Gall

    The important question....

    If they've bought back shares, doesn't this change the percentage ownership? I mean, Newswhatever owns 39% of all shares, but if BSkyB owns shares in itself, then they don't have 100% of shares on the public stock market, and sure Murdoch senior effectively owns more than 40% now...?

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