BSkyB Posts Record Profits, Touts New U.K.-Wide Internet TV Service | TV Everywhere | Scoop.it

The pay TV platform announced new plans for a broadband TV service taking on Netflix and LoveFilm later this year. BSkyB posted record first-half operating profits up 16 percent to £601 million ($986 million) on revenues up 6 percent to $5.6 billion and announced new plans to launch a U.K.-wide TV streaming service Tuesday.  CEO Jeremy Darroch – who announced yesterday that Sky had struck streaming TV deals with the BBC’s i-Player service and with ITV’s catch-up platform ITVPlayer – said that later this year it plans to launch a broadband Internet TV service to all homes in the U.K.  Currently its services are available to only the 10.5 million homes that subscribe to its own services but the new subscription based service will target the 13 million plus homes who are not Sky subscribers.  “Alongside the continued growth of our satellite platform this will be a new way for us to reach out to consumers who may not want the whole Sky service.”