What a week! Now lets get the property sale announced tomorrow and get the trifecta!
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What a week! Now lets get the property sale announced tomorrow and get the trifecta!
Competitor in the sense that Sky would only collect wholesale rates for VTV Sky TV channel subs...so it did compete with MYSKY.
But really they were a business partner. An attempt at offering a streaming only box...because every arm chair commentator says satellite is dead etc etc.
Well, actually...VTV never got large numbers...and there were many cases where people switched from Sky to VTV only to regret it and resubscribe to MySky.
The SKY thread theme tune has gone from "Tragedy" to "Good Vibrations" in just three days!
Seriously, great news all round and congrats to those, including Ogg, who stayed the course and reaped the rewards. Tempting to get out whilst the going is good, but I'll stick around, as continued buying is indicative that most people and insets think there's more good news coming.
And although the Sky board haven't made life easy over the years - and could have done a much better job in managing the transition - they do seem to have turned the corner and, begrudgingly, I have to give them credit for that. Just don't stuff it up or we'll bring back Ogg to haunt you!
https://www.nzx.com/announcements/384426
VTV 'retransmission' subs to be classified as STB customers after they are migrated to Sky.
So we will actually see a drop in retrospective ARPU for both streaming and STB (though total revenue unchanged).
Moving forward though, we will get more revenue from each sub as we no longer have to pay Vodafone a commission.
Good for Sky...and the removal of VTV helps further cement Sky's proposition of being the preferred platform to use for content aggregation needs.
Plus there will be other OPEX costs Sky elimintate from their systems from having to support the feed to the VTV box etc.