Sky and our local channels have to compete with the likes of this popular global internet TV freebie..... http://projectfree.tv/
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Sky and our local channels have to compete with the likes of this popular global internet TV freebie..... http://projectfree.tv/
Agree. And with the Fibre to the door, bandwidth (in NZ atleast) will no longer be an issue.
The key for sky is retaining its exclusive rights to content in NZ. Once they lose that, or a Regulator makes them onsell, then their dominance will end.
If telecom could get that content and stream it to their own box (eg. how Telstraclear does in Wellington), then that would be a deal changer. Telecom must be wondering how to get that content.
[QUOTE=CJ;395918].
The key for sky is retaining its exclusive rights to content in NZ. Once they lose that, or a Regulator makes them onsell, then their dominance will end.
I agree it is all about content.
My home network fully integrated, i.e. TV is connected to network through both playstation, xbox, apple tv, which in turn are connected to our stereos, pc's and macs around the house. The family can watch and move any content between almost any device.
We have just upgraded to fibre with Orcon on 100Mb connection all you can eat, however if we choose to buy a movie over apple tv and not go to the store, its still a 4gb file to download, and it still takes 15-30mins to download. Orcon still has to access overseas bandwidth to download my content, which is the constraint. The benefit of fibre is that Sky may not be showing the movie I want (unlikely but a possibility). With My Sky you can watch what you want when you want. Sky owns the content, sure, but they own the distribution too, they have invested well in that capability like Telstra has in Wellington, as CJ mentioned.
Telecom is no longer in that position as they don't own Chorus anymore. I doubt the comcom will find anything to pin against SKT, and the status quo will hold. iSky is also very competitive compared to apple TV etc, and Sky have continued to adapt to different forms of media.
The news corp exit will provide good liquidity in the shares going forward, while growth is slowing, the gross yield is looking really attractive at 10%+ below $5.
I have also taken a chunk from the sell down. May not be forever, but at the moment and medium term, still nothing beats My Sky+ HDI. Good yield and growth not over yet IMHO. Not a huge discount but also cum the 12c dividend. Sometimes I need a bit of a nudge to get into a stock and this was it.
Will be interesting to see if the Fairfax holding is sold at a discount to SP...thats a lot of shares to unload..surely should drive price down..one would think.
Bboy, it is in a trading halt, for two days, whilst the broker places the stock with insto's and other clients willing to buy them. Apparently, the price they are being placed at is 4.80 cum divvy.
ATM was similar situation recently, when foundation holders sold down at a discount
seems to be becoming a regular event.....in my language it's called distribution.....
oh yes, and it's the ides of March too :scared::scared:
Being underwritten see under annoucements:
https://www.nzx.com/markets/NZSX/securities/SKT
I am in as well! It usually means share price will crash:D
Underwritten at $4.80 means underwriters will get as many as possible to pay $4.80.
For a select few (i.e.. hedge funds), they will get a share of the underwriting action - so entry price for them will probably be $4.56 to $4.75 (1% to 5% underwriting fee).
Watch for them to sell out aggressively post placement - as they did with AIA and ATM. Quick in and out.
This may be a silly question but with all the recent sell downs what is the best/ easiest way to be a participant? I currently use direct broking for any share transactions.
Trust me - unless you are an institution, very high net worth individual or incredibly well connected with one of the principals of the brokerage firm, you will get either bugger all or the lousy placements.
Even NZ institutions get left out of the hot placements!
Look at AIA as a prime example. They started offering it to retail investors in the late afternoon after failing to sell down all to the institutions overnight and in the morning. I declined and it proved the correct decision as the hedge funds who bought dumped the stock down to 5 cents below placement price of $2.76. Why? Because they get theirs at the underwritten price of $2.70 or thereabouts. Heads they win, tails you lose.
Hope Sky TV will be different.
As with any investment you pay your money and take your chances!Quote:
Hope Sky TV will be different.
It's always a temptation to take a placement at below market price but first consideration should be the stock itself, ie "Would I buy it without the "discount"?
$4.92 bid, $4.94 offer.
Looks like could be a good one!
I made a sneaky 5% on this today - quick fire buy/sell action on the back of the big players.
Record date is on Friday for a 12cps dividend - I wonder what will happen to the SP after that...
The new IPV6 internet protocol, which is slowly being taken up, makes multicast video streaming easier to set up. The old IPV4 protocol was designed as a point-to-point protocol. It was possible to do multicast in IPV4 but was an inpractical kludge.
With IPV6 and fiber-optic media over the internet becomes more doable. What is holding it back is agreed data compression and video standards. The new HTML5 internet standard may be a way forward, but the jury is still out whether this will be successful.
The point I am trying to make is disintermediation is possibible, where punter can bypass agregators such as Sky and deal direct with the content originator.
Just imagine you are a fan of blood sports and wish to watch a local soccer derby between Locomotiv Moscow and Spartak. No need to worry if it is broadcast on Sky. Just flick a few Roubles to the content originator for the game and join their video feed.
Boop boop de do
Marilyn
DIRECTOR: SKT: Notice of Resignation of Director 04:25p.m.
SKT
05/03/2013 16:25
DIRECTOR
REL: 1625 HRS Sky Network Television Limited
DIRECTOR: SKT: Notice of Resignation of Director
NOTICE OF RESIGNATION OF DIRECTOR
For immediate release, 5 March 2013
Michael Miller resigned as a director of SKY Network Television Limited on 4
March 2013.
Same happened with motor racing.Sky will have a bottom line as will NRL.Taking it to the wire.!!! Both have a lot to lose.Big dollars at stake.Either way both will survive.
I watched on free to air in Aussie last time I was there, and switched it off as there were too many ads.NRL will know that.
The market doesn't seem worried that Rupert's left the register. SKT up 13c in a generally strong market, no doubt Dow - influenced!
Hi
Can anyone clarify the ex div date for SKT
NZX site says 6 March and the shares dropped 12c at open this morning, but all of the company's own releases say 8th March
So if I bought today would I get the dividend or not?
Poet
Thanks for info, I need to watch that in future. The company releases to market said record date 8th March
"Record date" means as recorded on the share register. With settlement 3 days after a trade (T+3) it would have been necessary to have bought by Tuesday the 5th for the transfer to be "recorded" by Friday 8th March.
Thanks
That makes sense.
not correct macd..........you will receive the divi even if you purchase on the last "cum div" date........you are actually recorded via the share purchase system and the divi will find its way thru to the new "owner" even tho the sale/purchase has not yet been registered with the appropriate registry. You buy those shares.........you own them.......therefore you are naturally entitled to the divi if it's pre the "x" date. The record date is not the registry record date but the sale/purchase record date.
Thanks, GR8. I stand corrected. Never been too concerned about the record date, myself, but take care to note whether buying or selling cum or ex div.
GR8DAY check with your broker the NZX has adopted the ASX system of three dates to the best of my Knowledge.
Does anyone know when the payment date is for the dividend last week.
OK bit of a worry here. Dividend payment date was yesterday and I still have not received any payment. Do you need to apply to sky or something to receive one.
Received a cheque in the post, all is good, ill feel like an old man walking into the bank with a cheque.
That's good, and should go straight to your bank from now on. Computershare site, also Link Market Services site for shares via them, are a useful way to keep track of payments, imputation, tax, DRIPs, bank and address details etc.
Losing EPL rights will piss many off ..... and many cancellations methinks
Serious competition on the way by the looks of it
What,who,whom,which is EPL ?
Im really peved off about this ,going to have to pay extra to watch football now, thats if it available at all
I really hate sky. Inching up the premiums with the excuse of adding additional channels which I don't really want at all. Roll on our new ultra fast internet access !
I've subscribed to Satellite Direct and with a bit of effort can watch most things I want to. Kinda of interesting having Shaun Fitzpatrick and Michael Lynagh doing the half time comments on the suoer 15 rugby matches. It aint perfect....but it gives me most things I want without absolutely needing Sky.
Its also made me more sociable....if I really want to watch something on Sky, we go out and see friends or a bar.
Cheers
RTM
http://www.digitalsatellite.tv/mac/w.../download.html
We have Sky.Wife watches old films, cooking ,and doing up houses.
I only watch Rugby and Formula 1 motor racing.
Ads drove me away from the TV.
Oooopps. Sorry all !
Try this one if you are at all interested in having a look at what it can do.
http://satellitedirect.org/
Too many ads, too much time lost. Anything worth watching is worth recording, just zap through the ads. We have one of these, it's brilliant: http://www.jbhifi.co.nz/tv-lcd-led-p...der-sku-24438/
Have no idea how it compares to a Freeview recorder, but anything that records a program has to be better than sitting for mini programs (ads) every five minutes.
Thanks Karen1.I still have a VCR recorder.Tape the motor racing for a friend.Nothing I really want record to watch later,even without the ads..
Does anyone remember ...years ago ...an American bloke who lived in CHCH who lost a bundle on TV3......
obviously not....this bloke spent millions oh well
I remember him.
Was deported broke I think.
Brought TV3 shares with the view he would be a major shareholder,and when they came right he would be very wealthy, and he would not be deported.
Made his money gambling I think.[lost it that way too.
He was one of the first, in a very long list of people who have done their dough on TV3.
A few week's ago, Sky's equivalent in Thailand, called TrueVision, lost the rights to the EPL for the 1st time in history too. It has been big news over there.
I can't help but wonder that there is something going on here on a wider scale.
Internet speeds and country-to-country fibre optic connectivity, technology, and live streaming in HD have continuously developed over time to surpass the quality and reliability of satellite based communications. Coupled with this has been the ongoing trend of urbanisation with more & more of the population moving into city centres with access to high speed internet communications.
Do we really need to rely on ugly roof-mounted dishes, satellites costing 10 squillion dollars per kilo to put into space, and countless re-runs of Happy Days and the Sound Of Music to watch an EPL match?... or any sporting match for that matter?
I am beginning to wonder if satellite based communications companies like Sky have had their day.
And Cooper Capital Partners is a 50% shareholder which I assume is tied up with Cooper & Co - the developers of Britomart.
They said it was the highest bid they have ever put in. Maybe that just proves they haven't had much competition in NZ before.
The problem with the alternative to Sky is potential fragmenation. That is you have to pay $10 each to each different channel you want and in the end, the combined prices is more than what you would have paid Sky who bundled it all together and gave you a nice box which made watching it easier.
Eg. you pay $15 for HBO channel which is via an ipad app which you have to beam to your TV, Rugby is $10 via rugbytv.com with you get on you laptop so have to beam to your tv via a different method. You still have a freeview box so you can time shift the news and then Movies is via another service!.....
I definitely agree.
The answer to the fragmentation issue is technology - ensuring you have a TV that has everything, ie Internet, built in. ON the assumption that it will all be avaliable on demand (internet bandwidth permitting - bring on fibre) then there is no need for DVR capabilities like MySky.
Personally I am looking forward to it. The only channel I want of Sky's is Soho (ie. HBO) and the option for pay for view movies (ie have Tivo which has this but the selection is terrible. I normally use my US iTunes account now). In a few years, paying for the cartoon network might also be on the cards as it is likely to be cheaper than a baby sitter ;)
Sky off to a bad start this morning. Shareholders not happy and wanting out.
Hopefully they are heading over to chorus.
Its interesting that in NZ, Sky can still challenge web based content because we pay for our data. I have lived in The Netherlands for a while where for 20 Euro's per month you get unlimited internet data (500GB if you want it is not a problem) and the speeds are much higher. This has been in operations before 2006 and I know a lot of ppl there (as I did) watched TV on our laptops and did not even have a tv in house. Ditto sports events etc. Once NZ gets up to speed and it will but it will be a while things will change here as well. TV on demand is another such innovation that is only being held back by our ridiculous pricing system with data.
Yep Sky is death dated.
"young internet savvy population".....hopefully there will be plenty of older internet savvy folk as well.
The fragmentation needs to be addressed by technology....with luck by someone such as Apple who will provide an elegant solution. Whoever succeeds with an easy to use solution in this area will have an excellent product that would be widely accepted. They are getting there, but slowly. And internet speeds need to improve to make it a major success in NZ.
See link.
http://www.gadgetreview.com/2013/04/...omparison.html
As per CJ, bring it on. Its well past time that SKY had some real competition.
I wonder if they are involved in the purchase, or just in the distribution (ie. an unmetered perk to get people to use choose them instead of others).
I hope that this isn't exclusive to Telecom customers. Ideally we want these sorts of things to be device/service provider agnostic.
Yeah I listen to radio sport as well. Interesting that they are so quickly on the ball. Good on them. Could be interesting times for pay per view subscribers coming in NZ in the next few years. I have had SKY in the past but really hated having to pay $60+ per month just to watch rugby and cricket and some tennis. What I did not like about SKY was their inflexibility in their pricing. You also had to have the basic package... something I just never used.
I thought Tivo was all but dead in NZ (ie. no longer sold). TVNZ has dropped it and partnered up with SkyTV with igloo. Telecom was the original reseller of Tivo
I am a happy Tivo user (as far as DVR's go) but the online content is limited. Plus they disabled the 'skip ads' button that made Tivo famous! I think I am still paying mine off at $10pm with Telecom.
They are indeed, and if you want the latest on sports events, items, who is in, who is out, they are right on the ball. Some good sports related discussions on that program as well. Great program and for me so interesting that they seem to know the most about a SKY/business deal.
The prople who got the rights are just middlemen who want to resell to others. They might
sell some to tivo or igloo even let free for air have some , they could even give some back to sky.
Will be messy if that happens. Hoping for a dedicated channel to watch it all
All rather interesting actually......the term..buy and hold is not a successful strategy with media stocks that are slow to adapt and are subject to being affected by the accelerating rate of change within the technology area..The big question ..Is the monopolistic structured style SKY agile enough to keep pace with change and the increasing numbers of niche competitors
I listened to that SKY bloke on Radio Sport this morning...he mentioned the fact that the EPL was at the bottom of the top 10 watched list and admitted it was a blow losing the rights to air but it was no where near anything serious for SKY...
The interesting thing that came out of the interview was the fact that purchased rights have to aired on a TV channel in England by law, as a result of new bidders such as Telco's entering the scene..however in NZ which is a small country the rights are brought via the English League through a broker then to the highest bidder...as long as the EPL get their money they are happy..what the highest bidder does with the rights is up to them as it has been bought through a third party...It seems whoever got it (Coliseum?) has NZ backers....one rumour mentioned on radio sport this morning was it was bought with the Asian market in mind and it could be on a pay to view TV channel using Sky's Platform or maybe with wishful thinking aired on the Freeview platform via a financial backer..Unfortunately this was mentioned after the Interview with the SKY Guy so I didn't hear about his thoughts on this.
In any case......a wake up call for SKY ..eh?
At one time SKY lost the rights to Formula 1.I wanted to cancel our SKY subscription, but my wife would not let me ,as she liked the old films.
Will be interesting to see how many EPL supporters wear the pants in their household.ie what numbers will SKY lose?
Just heard on Radio Sport that there are rumours that TVNZ could get the rights to screen the EPL. That would be interesting wouldnt it.
http://www.my-expat-network.co.uk/?g...FUVKpgodzWEA5w
I watch more british tv than nz. You just need to get virtual network which gives you a UK ip address. it works perfectly .been with them a few years.
then you can use bbc i player itv player and channel 4 player to watch any uk prog you want, most about a year before they appear on sky
Yeah..That interview came across with Sky not seeming to know how many of their viewers record these games
I wanted to stop sky for a while $1200pa is far too expensive when most of it can be watched online and be up to date with the episodes/see the great TV series that NZ never gets to see useless you pay extra over the top of SKY (Soho) such as Game of Thrones....
...but Mrs Hoop had 95% used Mysky with un watched soaps/reality s#@t...so SKY survives in our household :p
[.
...but Mrs Hoop had 95% used Mysky with un watched soaps/reality s#@t...so SKY survives in our household :p[/QUOTE]
No surprises there.!!!!! lol.
EPL coverage 3 options... 1. $240 per annuum you get everything, highlights, the whole package. 2, FOr $150 per annum you can watch all 300+ EPL games live. Or 3, you pay $25 for 24 hours access to the sight and watch a game or 3.
The $150 package sounds ok... but will SKY drop their prices by $10 per week? Dont think so, so for the consumer who loves EPL it is going to be a do I pay more or do I ditch SKY.
Source, radio sport
p.s TV 1 will show an EPL game a week and an hours highlights package
http://premierleaguepass.com/
Problem
1) many not have net
2) will eat into data plan
3) Internet too slow in this country. Asians will be ok we will lag badly
Will get up to watch a live game and be sat staring at a frozen screen. Isubscrbe to mlb.com (baseball) so know what the lag can be like, and with millions watching man u at same time i fear the worst.
They have included NZ but their target market is asia , once again our slow internet with tiny data caps will ruin it
Agree, agree, agree... NZ broadband not up to standard to deliver this. There are going to be a lot of disappointed punters out there. Are SKY going to bear the brunt. Is this only just the beginning. I dont think EPL viewers will dent SKY subs. But what happens when SKY loses the Super 15? Or The All Blacks?
All this fuss over twenty-two men kicking a bag of wind, who after 90 minutes of effort may well have not have scored a single 'goal'.
Now, Aussie Rules Football, there is a game that I miss.
Best Wishes
Paper Tiger
So that's what we all want ultra-fast broadband for! And we've been kidding ourselves that it will lead to more efficiency and productivity!
;)
But seriously, I'll miss EPL, one of the reasons I subscribed to SKY originally. And MySky has been a boon in helping to avoid those irritating ads. As for investing in SKT, I'll be surprised if it doesn't have a significant adverse effect on their profitability.