Sophie Moloney: Sky TV chief executive on the 'challenging' market factors impacting their results

from Best of Business · host Newstalk ZB

Sky TV says even though it's had a strong first-half financial year result - the television market remains challenging. It's reported a $52 million net profit, turning around a $1.7 million loss last period. Its revenue rose eight percent, to about $414 million. Sky TV chief executive Sophie Moloney says revenue for traditional TV was softer than expected. "The TV side does seem to be suffering a bit more than others, so I do think it's incumbent on us to make sure that we're talking about that value and allowing our clients to see the benefits." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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