Yup..and Telecom / Spark is renowned for its spectacularly successful investment decisions.....
How is that CDMA network going....?
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I think SKY TV & its Shareholders sobered up some time ago. This is not new news - Chris Keall (a hardened Sky hater) has published a number of articles in the past which have discussed Spark's strong desire and ongoing commitment to gaining key sporting codes.
Spark Sport will only be viable if they can get some of the big tournaments. And, given the significant resource they have put into Spark Sport, of course they are going to bid very strongly when Rugby, Cricket, NRL rights etc are up for grabs.
Spark shareholders will only be happy with lower profits from the significant $$$ being spent if they can see it leading to higher profits long-term (either through making a profit from the sporting content in its own right, or by using it as a loss leader to gain additional broadband connections).
Sky TV, on the other hand, only exists to distribute content. They literally do not have a business if they do not hold on to key entertainment and sporting rights, whereas this is a nice 'value add' to Spark if they can pull it off, but is not a threat to their fundamental business if it fails.
As Sky have so much more to lose than Spark, I would expect them to fight extremely aggressively. And, as Mr Latch points out, I don't think it will just come down to price for everything (though the $$$ will clearly go up for the main codes).
https://www.stuff.co.nz/business/ind...ecomes-clearer
Here is a more balanced article imo on Spark's future plans (compared to Chris' article that merely states the obvious - that Spark will bid hard for upcoming rights - and has an underlying sentiment that Sky must therefore be locked in a state of terror due to new competition).
https://www.nzherald.co.nz/business/...ectid=12248612
Well done Black Caps and SKY TV....
Go the Blackcaps and get the coveted trophy home!
Terrible result for NETFLIX. Wonder if this will increase people’s concerns with respect to SKY ?
Or whether the Live Sports will continue to be a sufficient life-buoy ?
https://finance.yahoo.com/quote/NFLX....tsrc=fin-srch
Netflix used to be the only streaming game in town. Now people are finding they need to sign up to several services to get all the shows they want. Who wants to run 5 accounts with different services? Not to mention the cost of doing so.
IMO that's where there is opportunity for SKY to swing it back their way, momentum to the aggregators (ie their old model, but streamed) but of course they are highly unlikely to get the rights to everything that would be required for this to happen.
Netflix was supposed to be the new aggregator but now the content creators themselves are learning they can stream also and taking it back (eg losing The Office and Friends). More fragmentation. Netflix is making its own content to fight this and has seen it coming for a long time.
You know the one place/service where I can still get everything I want in the above scenario? Piracy/torrents
Here is a link to Sky's new marketing guru plugging his book on National Radio;
https://www.rnz.co.nz/national/progr...a-better-brand
I thought his plan for marketing Sky was vague. Given his track record of success in previous roles including Cullen Airlines it would be a good idea to watch what he does.
Boop boop de do
Marilyn
Sky still has a way to go to win me over.
Netflix probably suffering from its foray into politics.
https://www.nzherald.co.nz/business/...ectid=12250916
Good news, though I imagine Sky needed to pony up a bit more than usual to keep it out of Spark/TVNZ's hands.
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Had to Google what you meant by "Piracy/Torrents" .Now i know
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