Sky TV makes $240m loss after $360m impairment, subscriptions slump
UPDATED: Streaming service Neon loses customers. Dividend slashed. Underlying profit inches up.
Chris Keall
Fri, 24 Aug 2018
Sky TV has booked a full-year loss of $240.7m after taking a $360m goodwill impairment.
Without the writedown, the pay-TV broadcaster's net profit would have been $119.3m, slightly up on 2017's $116.3m.
Chief financial officer Jason Hollingsworth said the impairment was necessitated by the
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Chris Keall
Fri, 24 Aug 2018
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