Sky Deutschland AG (SKYD) will still meet its profit forecasts even after it pays 2 billion euros ($2.6 billion) for the broadcasting rights for Germany’s Bundesliga soccer matches through 2017, Euro am Sonntag reported.
Sky Deutschland still sees a “a small operative minus” in 2012 before achieving “a positive pretax profit” in 2013 and “a bigger profit” in 2014, the German newspaper reported. It was quoting Sky Deutschland Chief Executive Officer Brian Sullivan in a preview of an article to be published tomorrow.
To contact the reporter on this story: Niklas Magnusson in Hamburg at firstname.lastname@example.org
To contact the editor responsible for this story: Angela Cullen at email@example.com