London, U. K. - The British entertainment group BSkyB's revenues grew 9 percent to £5bn ($10 bn) in the first two quarters, but operating profit fell 11 percent to £724m ($1,4 bn). The biggest single contributor to the company's overall loss was a write-down of another £616m on its 17.9 percent stake in ITV. The company was otherwise upbeat about its future prospects.

"Our experience in the last six months is that the company is still able to grow in a more difficult environment," BSkyB CEO Jeremy Darroch said, according to the Independent.

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