Sky (UK Television Network)

Sky is to make its full TV service of hundreds of channels available without the need for a satellite dish for the first time, as it looks to stem customer defections to rivals such as BT.

The pay-TV giant, which had an 18% plunge in profits at its UK business in the last six months of 2016 thanks to spiralling Premier League rights costs, said it would launch the broadband-delivered TV service next year.

Jeremy Darroch, the Sky chief executive, said it would allow Sky to target up to 6m households across Europe who cannot, or will not, have a satellite dish.

“This is the first time we have been able to offer the full Sky TV service without a satellite dish,” he said. “It is a big moment for the business.”

Sky broadband-delivered TV on the way

Sky has signed a new carriage deal with Discovery, keeping its 12 channel portfolio on across the UK.

Discovery, Eurosport 1, Eurosport 2, TLC, Animal Planet, Investigation Discovery, Discovery History, Discovery Shed, Home and Health, DMAX, Discovery Science and Discovery Turbo were in danger of going to black last week until the new deal was agreed upon.