British Sky Broadcasting Group lost Â£118 million (US$234 million; â‚¬150 million) in the third quarter after writing off its stake in commercial broadcaster ITV.
An Associated Press report also said BSkyB reported 10% gains in revenue and customers for its satellite services during the three months ending 31 March.
Revenue rose 10% to Â£3.7 billion (US$7.3 billion; â‚¬9.3 billion), the report said.
The company said it added 56,000 net customers in the quarter to raise its total to nearly 8.9 million; it raised broadband subscriptions by 229,000 to 1.4 million.
BSkyB shares were up 1.3 % at Â£5.475 (US$10.85; â‚¬6.95) on the London Stock Exchange.
The group logged an impairment charge of Â£474 million (US$939 million; â‚¬602 million) related to the stake it took in ITV in 2006 in a move widely perceived to be a blocking strategy against its pay-TV rival NTL, now called Virgin Media after a merger with Richard Branson's Virgin Mobile.
The Competition Appeal Tribunal ruled last year that BSkyB must dispose of more than half its 17.9% stake in ITV, and Business Secretary John Hutton subsequently ordered the company to cut its holding to 7.5%, the report added.