Sky TV says even though it's had a strong first-half financial year result - the television market remains challenging.

It's reported a $52 million net profit, turning around a $1.7 million loss last period.

Its revenue rose eight percent, to about $414 million.

Sky TV chief executive Sophie Moloney says revenue for traditional TV was softer than expected.

"The TV side does seem to be suffering a bit more than others, so I do think it's incumbent on us to make sure that we're talking about that value and allowing our clients to see the benefits."

LISTEN ABOVE

Sky TV says even though it's had a strong first-half financial year result - the television market remains challenging.
It's reported a $52 million net profit, turning around a $1.7 million loss last period.
Its revenue rose eight percent, to about $414 million.
Sky TV chief executive Sophie Moloney says revenue for traditional TV was softer than expected.
"The TV side does seem to be suffering a bit more than others, so I do think it's incumbent on us to make sure that we're talking about that value and allowing our clients to see the benefits."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Sophie Moloney: Sky TV chief executive on the 'challenging' market factors impacting their results

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/93a07db9-fa23-4e30-8221-b3fd005f7de2/transcript