Tag: Jeremy Darroch

Jeremy Darroch has decided to step down as group CEO of Sky after 13 years leading the company, with Dana Strong tapped as his successor.

Backed by new owners Comcast Corporation, Sky says it will double its investment in originals over the next five years and has unveiled a new pan-European development and production initiative, Sky Studios.

Sky's revenues for the nine months ended March 31, 2018, rose by 5 percent to £10.1 billion ($14.3 billion), with operating profit up 22 percent to £857 million ($1.2 billion).

Sky's revenues for the nine months ended March 31, 2017, were up by 11 percent to £9.6 billion ($12.3 billion), with the company adding 106,000 customers in Q3.

The chief executive talks about the company’s numerous accomplishments, growth prospects and a future that may see shareholder 21st Century Fox take full ownership of Sky.

LONDON: Full-year revenues rose by 7 percent to £12 billion ($15.7 billion) at Sky, delivering an operating profit of £1.6 billion ($2 billion), a 12-percent gain.

LONDON: James Murdoch has been appointed to succeed Nicholas Ferguson as chairman of Sky, which has just reported strong first-half financial results.

This interview originally appeared in the MIPTV 2015 issue of World Screen. Sky (formerly BSkyB) was formed in November 1990 from the merger of two competing satellite television services, Sky Television and British Satellite Broadcasting. Over the course of the following 25 years, not only has Sky established itself as …