Sky Digital plans sales staff cuts

LONDON - Sky Digital Media, the digital ad sales house, is looking to streamline its 50-strong workforce as part of a review of its overheads.

Andy Jonesco, Sky's managing director of online
Andy Jonesco, Sky's managing director of online

It is believed two of its agency group head roles could be at risk, which include positions held by Mike Newcombe, Ben Murphy, Adam Schafer and Caroline Lindford.

A spokesman for Sky confirmed Sky Digital Media is proposing to restructure its sales teams "to drive greater efficiencies in the business".

He added: "This may lead to an overall reduction in headcount, potentially by around 5%, although no decisions have yet been made and a consultation is under way."

The planned redundancies follow the separate departure of Sky Media's deputy managing director, Paul Curtis, in May. He was made redundant as part of a restructure leaving Nick Milligan, the ad sales house's managing director, to take sole charge of the business.

BSkyB's Q1 2009 results showed its ad revenue had fallen 6% year on year from £248m to £234m over the nine months to 31 March, reflecting, it said, a "weak advertising environment".

However, BSkyB's total revenue was just under £4bn over the nine months to 31 March, with its subscription revenue accounting for the majority of its income.

Have your say...

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Media Week Jobs
Search for more media jobs

Latest

Six Nations 2016: Why it's never been easier to target rugby fans

Six Nations 2016: Why it's never been easier to target rugby fans

The success of the 2015 Rugby World Cup and the Six Nations coming to terrestrial commercial TV means it has never been a better time to target rugby fans, argues RadiumOne's Rupert Staines.

Share
UK Super Bowl fans on social media: Paddy Power and FA are most followed brands

UK Super Bowl fans on social media: Paddy Power and FA are most followed brands

Over half a million Twitter users in the UK now follow American football-related accounts. Starcount, the social media data analytics company, discovered what people, brands and other sports rank high among their interests.

Share
Campaign Viral Chart: Heinz Super Bowl ad in top spot

Campaign Viral Chart: Heinz Super Bowl ad in top spot

The Heinz ad featuring dogs dressed in hot dog costumes was the most-shared ad this week in a chart full of Super Bowl ads ahead of the big game on Sunday.

Share

Get news by email