They almost seem to just send out those price increase emails every few months......
Definitely no new box in our house, and getting close to the threshold where Sky gets punted for touch.
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NEON subs probably near max now.
I think sky have a way to go in SSN growth, however this will be at the expense of the set top box subs. Especially since this new box is not a drawcard given the issues that continue to plague it.
As I have mentioned before, tough road for sky moving forward as they have not managed to pull off any M&A deals that will guarantee a future of growth. I have listed the options I thought they would investigate many times in the past.
Sky tv is not going to go bust any time soon, but it is just hard to see a realistic path to growth given the current state of affairs and industry changes. Hence me no longer owning shares in the company.
And who would want to M&A with sky now? They have largely squandered the cashflow they generated over the last 6 years and are now viewed as BLOCKBUSTER by many.
No telco would want to buy them now. Why when they can just do a deal with a streamer?
I doubt NZME see as much value now in doing a deal with sky. Even if they did a merger, it’s hardly anything to salivate over as an investor.
Foxtel still dreaming about doing an IPO and getting a premium price for their company, so no Foxtel-Sky deal ever likely to happen.
So they just muddle along, and hope they can continue to secure enough key content at prices that don’t bankrupt them.
Next few years will be interesting. Sky here for the foreseeable future, but I think the company will more likely be worth less over time (not worthless, but worth less).
I am a Sky Sport Now customer, and while the product works most of the time, the customer service is crap. So when something goes wrong, you're on your own. And for a $400?? product, that is unacceptable
If I don't get a discount "Black Friday" deal, I'm off to the Foxtel version called Kayo Sports. At full price, SSN is more expensive than Kayo + VPN. And Kayo is a monthly subscription with much more content
Sky TV continue to shoot themselves in the foot with uncompetitive pricing and crap customer service. The same two problems they have had for 30 years. Only now, there are other options for unhappy customers to get their content from
You would have to turn your VPN on when you went to watch content from a provider abroad and switch it off when you want to watch NZ provider content.
They do try block VPN’s (aggregators like sky and Foxtel have an obligation to do so) but it is difficult to do in practice.
I see sky bundled soho in with entertainment.
And entertainment going up about $3 a month.
So the customers that were getting soho as a freebie anyway are just paying $3 more a month.
And those that didn’t have soho are also paying $3 more, but get more value for their 3 buck increase which is better than a kick in the b@lls.
Even if you aren’t a sports fan, to try their entertainment bundle is still around $70 a month (starter + entertainment + MySky rental fee).
Pretty steep when Apple TV+ is $12.99 a month and Amazon prime is $8 a month. Disney works out to $12.50 per month if you buy the annual pass.
So for $33.50 a month you could just have those three services which have more content than you could ever watch.
You would have to add both NETFLIX premium and neon to the mix before you exceeded sky entertainment bundle.
SP up 3 cents, market likes the increased revenues.
https://www.nzherald.co.nz/business/...GT4RJSKAFNWBI/
Box must be really bad if SM is issuing a public apology…
The new box probably would have worked ok if they didn’t try to be too clever with this hybrid model and just made it a straight IP offering (like vodafone tv).
Those who prefer the satellite broadcast would just stick with the MySky box and continue to pay their monthly subs for the foreseeable future.
Given VTV was a flop, even if their new box was just IP it probably wouldn’t have attracted a vast amount of subs.
As you say, the tech has moved on significantly and sky is not a technology company - so the idea that they could ever present a piece of tech that would rival Apple, Samsung, Sony etc…is a tough sell.
My Apple TV already aggregates Disney+ and Amazon Prime content with its own Apple TV+ service. And it works flawlessly each time I turn it on.
So they are already making big leaps in terms of being the aggregator of all the streaming services - if they can fully crack this area it will be a game changer for the majority of us who juggle multiple services.
Sky’s new box can barely play its own content from what I gather, let alone aggregate third party content effectively.