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Game of Thrones boosts sky earnings

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European pay-TV giant Sky, facing a possible takeover by Rupert Murdoch’s 21st Century Fox, announced Thursday a surge in subscribers on keen demand for cult US series Game of Thrones.

Sky’s subscriber base swelled by a 160,000 new customers in the three months to late September, up 51 percent on a year earlier, it said in a trading update.

Revenues grew five percent to £3.3 billion ($4.4 billion, 3.7 billion euros) over the same period.

Underlying profit, which strips out items such as tax and interest payments, jumped 11 percent to £582 million.

“We’ve had a strong start to our new financial year with good revenue growth and excellent profit growth,” said chief executive Jeremy Darroch.

He added: “Game of Thrones has become the most watched series ever on Sky.”

The London-listed group has exclusive rights to US broadcasting giant HBO’s television catalogue, which includes the current season of the award-winning show.

Later on Thursday, shareholders voted in favour of the re-election of Murdoch’s son James as chairman.

Some investor groups had expressed unease over him serving longer, in light of James being also chief executive of 21st Century Fox — which is seeking to buy the 61 percent of Sky it does not already own.

However, investors voted more than 78 percent in favour of his re-election at an annual general meeting at Sky’s London headquarters later on Thursday.

One angry shareholder argued that the deal would not go through if James Murdoch remained in his post.

“If everything remains the same (on the board) you have no chance of the deal going through,” the shareholder, who declined to be named, told the meeting.

“There’s nothing wrong with Mr Murdoch — but it is because of the name.”

Meanwhile, the takeover of Sky is being held up by a UK investigation into the proposed deal worth £11.7 billion.

Regulators on Tuesday said the probe would assess Rupert Murdoch’s influence on Britain’s political landscape.

Overall, Britain’s Competitions and Markets Authority will assess the impact of the Murdoch family’s proposed deal on both broadcasting standards and media plurality.

The CMA will seek to prevent “any one media owner, or voice, having too much influence over public opinion and the political agenda”.

The regulator’s probe will scrutinise the ability of the Murdoch Family Trust (MFT) to “control or influence editorial and commercial decisions” at Sky News, a 24-hour news channel broadcast from London.

It will assess also the current state of plurality within the UK media, and the commitment to accuracy in newspapers controlled by the MFT’s News Corp division, including The Times and The Sun.

AFP

MOVIES

Nollywood Filmmaker, Jade Osiberu Teases Film Project, “Half Of Me”

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Half Of Me: Jade Osiberu teases another film project | fab.ng

She confirms active work on this new creative venture, adding to her impressive portfolio of Nigerian cinema.

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Showmax To Screen “Princess On A Hill” At AFRIFF 2024

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Princess on a Hill to screen at AFRIFF 2024 | fab.ng

In celebration of African storytelling, Showmax announces that its upcoming Nigerian Original drama, Princess on a Hill, will screen at the 13th edition of the Africa International Film Festival (AFRIFF) on Thursday, November 7, 2024.

Furthermore, the TV series brings a captivating story of ambition and corporate power struggles to the festival on its screening date.

Additionally, MultiChoice, Showmax’s parent company, will host a panel session titled “Crafting Local Content for Global Success,” which explores how African narratives can reach global audiences.

In this limited series, co-creators Abiola Sobo and Tolu Ajayi tell the story of Zara (Onyinye Odokoro), a young executive who enters a high-stakes corporate environment after winning a reality show.

Subsequently, she faces off against the fierce CEO, Moyosore Lawson (Bimbo Manuel). As a result, Zara must adapt to her new reality in the complex and cutthroat world of high-stakes business, where power struggles and ruthless competition dominate.

Moreover, the series showcases the complexities of power and ambition while demonstrating Showmax’s commitment to authentic African storytelling.

Meanwhile, MultiChoice will present an exclusive session at this year’s festival, focusing on “Crafting Local Content for Global Success.”

During this session, key industry players and stakeholders will lead discussions on Thursday morning, November 7, 2024. First, they will highlight local content’s importance in global entertainment.

Then, they will explore strategies to produce TV content that connects with diverse global audiences.

Above all, MultiChoice and Showmax actively support AFRIFF’s mission to elevate African filmmakers and create a global platform for African stories.

Finally, viewers can watch Princess on a Hill when it premieres on Showmax on Thursday, November 7, 2024.

Are you interested in staying updated? You can discover more exciting movie updates by visiting our website.

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Diana Childs Ajayi’s Upcoming Film, “143” To Hit Cinemas This November

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143 to hit cinemas this November | fab.ng

Sharing her excitement on Instagram, Childs announced her debut feature film’s journey to the big screen, where audiences will soon get a first look at her work.

With “143”, Childs promises a fresh cinematic experience, showcasing her storytelling skills and vision.

The trailer has already stirred interest among fans, who eagerly await the official release. “143” marks a significant milestone in Childs’ career as she prepares for her cinematic debut.

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