BSkyB’s latest financial results will make bittersweet reading for Rupert Murdoch after the broadcaster posted a 33 per cent increase in pre-tax profits to £307m in the three months to the end of September.

Murdoch’s News Corp owns 39 per cent of Sky but had to ditch a full takeover following the phone hacking scandal.

Sky has tempered an expected slow down in new TV subscribers by ramping up sales in broadband and telephony to existing customers, according to MediaGuardian.

Its profits were also swelled by News Corp, which paid out £39m for cancelling the takeover deal and £7m in advisory fees.

(Source: MediaGuardian)

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