► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Sky, the UK pay-television company, has reported better-than-expected operating profits, but what is its long-term strategy? Alan Livsey analyses the increasing pressure on Sky from competition and switching to broadband.<br /><br />► FT Business: http://bit.ly/1KUK08s<br /><br />► FT Markets: http://bit.ly/1J5HNd3<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes