BSkyB Reports 3 Million Pounds 3Q Profit

ROBERT BARR

LONDON (AP) — Satellite TV service British Sky Broadcasting Group PLC on Thursday reported a profit of 3 million pounds in its third quarter as consumers took their entertainment at home because of the recession, reversing a loss a year earlier.

In the three months ending March 31, revenue rose 12 percent to 1.4 billion pounds ($2.1 billion), and the company added 80,000 net customers in the quarter, up 43 percent from a year earlier.

For the first nine months of the year, BSkyB reported a net profit of 169 million pounds versus a loss of 118 million pounds a year earlier. Revenue was up 8 percent to 4 billion pounds. ...