Guy Bisson / Published - 06 Oct 08

German premium satellite pay-TV operator Premiere has made a major downward adjustment in its reported subscriber numbers following a strategic review by incoming CEO Mark Williams, who represents 25% shareholder News Corporation. The net result of the adjustment, which excludes so-called 'indirect' customers, is a net loss of 940,000 customers, bringing its direct customer base to 2.4m in Q3 2008. Impact of change will not be fully clear until the company reports full third quarter results on November 13