The pay TV companies supplying pay TV services across Australia have had to withstand sustained losses, as the high costs of the infrastructure rollouts have impacted on the bottom line. From 2007 onwards however, the net losses of the pay TV industry began to gradually reduce as profits were restored to the industry. This trend will continue towards 2009. An overall pay TV revenue growth of 14% was recorded in 2007 and we expect growth to remain reasonably strong in 2008, with a slight drop to around 12%. Subscriber penetration is predicted to be reasonably strong also. ARPU of both Austar and Foxtel continue to improve, driven by higher tier packages. This report combines a range of statistics such as revenue per operator and revenue growth, forecast to 2009 and ARPU statistics as well as churn rates.