BSkyB forecast to double earnings in five years

BSkyB is forecast to double its earnings over the next five years if Rupert Murdoch’s takeover deal for the satellite broadcaster goes ahead.

The research, quoted in Financial Times, was undertaken by Enders Analysis and showed that earnings before interest and tax will rise from £845m in 2010 to £1.7bn in 2015, on the back of revenues rising from £5.7bn to £8.1bn, meaning that BSkyB would exceed the combined revenues of the BBC, ITV, Channel 4 and Channel 5.

Read the full report in the Financial Times (please note, you may need to register with the site to read the full article – this is free).