Comcast Results Presentation Deck
Sky: Strength in Direct-to-Consumer and Content
Total Direct-to-Consumer Customer Relationships
(in millions)
22.9
+2%
9
23.0
+2%
Revenue 4
($ in millions)
$5,021
23.4
4Q18
+3%
+1.4%
$5,040
23.6
4Q19
+3%
23.7
+4%
24.0
1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19
+4%
23.9
$765
+2%
Adjusted EBITDA 2,4
($ in millions)
4Q18
24.0
+2%
+0.4%
$765
4Q19
4th Quarter and Full Year 2019 Highlights
●
●
Total customer relationship net additions of 77K in 4Q19
Added 394K total customer relationships in 2019, ending
the year with 24MM
Sky Q penetration at 42%, up from 29% in 2018
Household viewership on Sky-branded channels in 4Q19
+5% y/y, driven by sports channels +8% y/y
Revenue: +1.4% to $5.0Bn in 4Q19
Direct-to-Consumer revenue: +2.3% to $4.0Bn
Content revenue: +2.7% to $371MM
- Advertising revenue: -4.1% to $647MM
▪ Reflects an unfavorable impact from a change in
legislation related to gambling advertisements in the UK
and Italy, as well as overall market weakness
All figures presented are pro form a4 as if the Sky acquisition occurred on January 1, 2017. All percentages represent year/year pro forma, constant currency5 growth rates.
See Notes on Slide 11
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