Mista Tea, these are opportunities not difficulties. The Chinese character for crisis consists of two characters, one means Danger, the other means Opportunities.
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Warren Buffett bets on old media with backing of $4.1b broadcast deal as EW Scripps buys ION Media
https://nzherald.co.nz/business/news...ectid=12368056
My hero Buffet investing in traditional ‘old media’ broadcaster...
Patience is the key with this one. It's hard seeing other stocks climbing but I'm 99.9% certain this will be a great stock to hold. I'm doing well in the stock pick competition and this will be my number one pick in the next one. Trying to short list the next pick of the bunch already.
Seems its back to the day to day churn now.We should see a gradual rise from here
If you're bored and looking for news here's a bot authored article on Sky that's probably woefully inaccurate (I don't know as I didn't bother reading it): https://simplywall.st/stocks/nz/medi...s-use-of-debt/
Article from 11 months ago.. almost sounds like they wish tvnz and spark sport the best. No intention of keeping full broadcast rights.
Are they continuing to roll over and let their competitors take more until they have nothing left?
I still dont have a clear picture of what sky aim to achieve and how they will achieve it. At best we can see a take over I guess.
The broadband thing who knows..
https://www.tvnz.co.nz/one-news/spor...al-spark-sport
South Africa pulling its teams out of the SANZAR competition is not going to strengthen SKY’s rugby offering. Or NZ rugby for that matter.