Sky Television Plc - Financial Turnaround

Financial Turnaround

The early years of the merged BSkyB saw a haemorrhage of cash from News Corporation funds. At this stage of the company's life it was losing millions of pounds a week. To help turn around the financial fortunes of the company, New Zealand television executive Sam Chisholm was brought on board to manage the day-to-day operations and build the subscriber base, and the company moved into profit.

Read more about this topic:  Sky Television Plc

Famous quotes containing the word financial:

    ... aside from the financial aspect, [there] is more: the life of my work. I feel that is all I came into the world for, and have failed dismally if it is not a success.
    Mary E. Wilkins Freeman (1852–1930)