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Read this: BSkyB to cut 250 posts to reduce costs |Media |

Summary: BSkyB is in the process of cutting about 250 posts after a review looking at how costs could be reduced across the business. Wholesale subscription revenue fell by 13 year on year to 181m, down from 208m and advertising revenue fell 7 year on year to 328m from 352m the previous year. The company added that programming costs were 1.7bn, an increase of 109m year on year, with sports costs rising by 87m to 929m year on year driven by the start of the new FA Premier League contract in August 2007. - link

BSkyB to cut 250 posts to reduce costs |…

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