Foxtel boss Patrick Delany says the return of key sports competitions has led audiences back to streaming service Kayo and helped drive a rise in subscriber numbers at the pay TV company | zoesam93
Foxtel boss Patrick Delany says the return of key sports competitions has led audiences back to streaming service Kayo and helped drive a rise in subscriber numbers at the pay TV company.
Mr Delany told advertisers at a sports presentation on Tuesday Kayo now has more than 600,000 paying users, bringing total sports subscriptions for News Corp-controlled Foxtel to nearly 2 million. "We’ve gone from really big lows to great highs. As we sit here today we have more sports subscribers than we’ve had in 25 years," Mr Delany said. "[Kayo] is now sitting at over 600,000 paying subscribers which makes it one hell of a sports platform especially when you add it with the Foxtel premium platform, we now have close to 2 million sports subscribers."
Foxtel chief Patrick Delany says the pay TV company has recovered from some of its most challenging months in its history.Foxtel's subscriber base was 2 million as of June 30, a fall of about 200,000 from March, and its average revenue per user was $78. Commercial, which is predominantly made up of pubs and clubs, fell from 264,000 to 86,000 in the three months to June. On May 2, Kayo had just 272,000 paying subscribers.
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