Multi-year deal...will be interesting to see how any RWC tournaments Sky manage to lock up.
Looks like what is left of RugbyPass will be helpful - more generous RWC terms if we gift them RugbyPass.
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Quite a different tone here than on some other site Mistatea. As the longest serving shill for SKT here and arguably the most informed or insightful, it's a shame imo you've been lured into being a pill by the resident, ex-resident here, non-holder downramper who sold at breakeven trash talking the company. Good riddance him.
SKT's turnaround strategy is progressing very nicely, only a few weeks until the divi announcement signalling return to sustainable profit and payouts to shareholders, maybe a buy back, great deals being negotiated putting Spark Sport in their grave. How about lifting your spirits and look on the bright side, the recently negative no future for SKT except buyout Mistatea has, well, become a bit tedious and boring, imo.
I think Crackity, a very astute investor, summed it up pretty well.
but they are probably providing excellent top shelf service to Board Members wherever located around the globe .. why bother with anything more than low end mediocre for the poor serfs on receiving end here .. no-one on the Governors' deck would ever get to know .. :)
I suspect the RWC is what Sky will be spending the cash stash on. Overall this may be a positive investment for Sky.
Ultimately a big positive if they are able to leverage RugbyPass to lower the cash contribution. Smart thinking.
Sky have been clear that they now have strong analytics that feed into how much they are willing to bid for rights and that they will not overpay.
Still think something is probably cooking in the background...
Not directly related, but something which I believe has added to poor sentiment on the sector. Netflix up 12% (inc after hours) on subscriber loss reducing and a forecast return to growth. https://www.cnbc.com/2022/07/19/netf...s-q2-2022.html
Also not directly related, but if it's true that Discovery didn't participate in a RWC bid, then this indicates Spark didn't either. Has Spark finally realised there's no money to be made competing against Sky? More money to be made just clipping the ticket with a partnership agreement?