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October 19, 2011

BSkyB 1st quarter operating profit up 16 per cent to £295m

By Dominic wireposts

BSkyB continues to be a recession-proof cash machine for News Corp and its other shareholders.

Results for the three months to 30 September show revenue up 9 per cent on tth4e same period last year to £1,657m and operating profit up 16 per cent to £295m. Full results statement here.

Rupert Murdoch’s News Corp owns 39 per cent of BSkyB.

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