BSkyB to buy soccer Web site
Satcaster also posts loss
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The satcaster also posted a third-quarter loss of $34 million, despite sturdy growth in its direct-to-home subscriber base.
Sports Internet operates a leading online betting shop as well as the official sites of a clutch of top-flight soccer clubs. Its acquisition will bolster chief exec Tony Ball’s plans to turn Skysports.com into Britain’s top sports portal.
Set-top expenditures
BSkyB attributed its quarterly loss — its fourth consecutive frame in the red — to increased spend on programming and marketing, due largely to a free set-top box offer begun in May 1999.
Its DTH subscribership increased by 190,000 in the quarter, for a total of 4.16 million, of which two-thirds (2.75 million) now receive BSkyB’s SkyDigital platform. Nearest rival ONdigital has an estimated 730,000 subs.
