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The Guardian - UK
The Guardian - UK
Business
Rob Davies

Sky faces bill for hundreds of millions after advertising blunder

Sky logo at company headquarters in Isleworth, west London, as seen in March 2017.
Sky reported advertising sales of £1.2bn last year, from a total turnover of £10.2bn. Photograph: Daniel Leal-Olivas/AFP/Getty Images

Sky is facing a bill for hundreds of millions of pounds after a blunder that meant it accidentally underpaid its advertising partners, it has emerged.

The broadcaster’s advertising sales arm, Sky Media, will have to recompense business partners such as Paramount and Warner Bros Discovery, after discovering earlier this year that it had miscalculated what it owed them.

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