Originally Posted by
Preston
Hey MistaTea,
What are your thoughts around Spark Sport and their sport streaming service.
Reading their annual reports it becomes quite clear (imo) that they are not focussed at all on making Sport streaming a core part of their business. There was one note about it in one of the flashy slides, but no real financial information that I could find about how much money it actually brings in for them. Moreso it was classified under "other" (or did I miss it?)
You get the feeling that they know they're not a streaming service and that their shareholders would be asking some pretty serious questions if they started spending profit on rights. (which they have said in the report they won't pay over the top money for...do you want to be the best or just a pain in the ....?)
So given that the lightbox deal went through, do you think Sky might just buy Sparksports rights off them? Could be an easy out for Spark. Would poss need commercial commission approval I'm thinking? It just doesn't add up for me that Spark are into streaming sport.
cheers
Preston