Originally Posted by
levin123
This is really game over for SKY, I give them another 3-4 years MAX.
Content is king and they've utterly failed to adapt to a very dynamic market, with an absolute dinosaur at the helm for far too long, Board should have revolted a long time ago. D Handley doing too much futuring and not enough actual work.
The entertainment/film/premium drama market is absolutely saturated now with Disney+ and Apple TV+'s SVOD services entering the AU/NZ market in November, Netflix, and Spark's offering sucking out a lot of that content. HBO have a distribution deal in place with Sky currently but there is talk they will eventually launch their own SVOD service (HBO Now/Go), in AU/NZ which will mean they'll pull out of the Sky deal and Sky will lose all their premium drama from their Soho channel.
Re Sport, Premium Sport will always be a massive pull factor for Sky, and as Spark chip away at their rights portfolio, I can only see bad news in this area. Spark's SVOD costbase will be cheaper than Sky's and they have a very profitable Telco business so Spark Sport is really just an after thought albeit a high profile one.
I think the saving grace for Sky is that they have an absolutely entrenched position in the production side of Sports Broadcasting and for Spark to develop these capabilities is a significant investment they will be unwilling to take on I'd say - so not sure how that will go down.
Ultimately as plenty of others have mentioned Sky have been a victim of their own demise and I just feel bad for the Mum + Dad shareholders who may have lost out because of a greedy and quite terrible Board and management. A very slow moving train wreck but a wreck nonetheless.