Remember, Mr Darcy is very rich, £5000 per year I'm told. He'll make a great husband. Elizabeth is a lively character. These two are made for each other. Lady Catherine (ComCom) does not approve. Will there be a happy ending?
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Remember, Mr Darcy is very rich, £5000 per year I'm told. He'll make a great husband. Elizabeth is a lively character. These two are made for each other. Lady Catherine (ComCom) does not approve. Will there be a happy ending?
Maybe Sky will be the ones who buy TV3 - for $1.
We don’t even need to part with any cash - can just pay Mediaworks with shares. 7 of them!
Ummmmm.
They purchased rugbypass. They purchased Lightbox.
They sold OSB because it was no longer a competitive advantage.
They are a net asset buyer - and Sky will be taking a serious look at TV3.
It may be that they decide against it, or that someone like Discovery make an offer Mediaworks can’t refuse...but Sky would absolutely be kicking the tyres.
Has shareprice near the 30MA yet
Told beagle i'd tell him when it did
He's keen as mustard to have a punt on deep value plays .... even though he is a disenfranchised user
Rugbypass was a while ago. I would have voted against that. It's too much of a global focus which takes away from Sky's NZ strength. Very risky acquisition. Unlikely to make any returns for Sky. It will likely be spun off for a loss very soon. What's it worth now, maybe $5m?
Lightbox was bought for something like $7m if I remember. The acquisition has turned out to be a good one, mainly because they didn't over pay for it and Sky got lucky with Covid being a huge boost. They have also executed the integration well with Neon. It was a nice fit and removed their main competition.
Martin's strategy of going big on streaming has backfired I reckon. It's a capital intense (over the long term), low margin, and risky gamble. The shareprice has dropped significantly because of this strategy. It's a losers game and designed only for the large American conglomerates. The only advantage is that Sky has created a great "platform" for someone else to take over. Sky has laid the ground work and planted the seed. Now it needs watering and looking after. It will likely bloom nice flowers one day for someone.
It's ancient history bro. So much has happened in the last year:
-Covid
-$159m Placement
-Disney+ Streaming
-Mediaworks TV sale
-Stuff.co.nz sale
-OSB divestment
-Lightbox purchase
-90% drop in share price
-SANZAAR 5 year deal
-Spark Sport starting.
-NEP deal
-10 year OPTUS deal
-worker redundancies
God dam crazy!