Sky TV reports $19.3 million profit amid drop in Neon and Sky Box customers

Sky TV reported a half-year profit of $19.3 million after tax, attributed to a revenue increase to $415.4 million following its acquisition of Three (TV3). This represents an 8% growth in underlying revenue and a 29% rise in underlying EBITDA to $78.2 million, aided by reduced programming costs. However, the company acknowledged ongoing economic challenges and noted a decline in its Sky Box and Neon customer base.

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