SKT Sky Network Television Limited.

[bull....]

SKY should be afraid - very afraid.

Totally gree should be very afraid , 2021 rugby rights up for review i believe you can imagine prime subscription with rugby viewing.

[JAX]

as long as there is no one else to produce the rugby here in NZ sky will be alive

Chicken and egg. If SKY loses the rights, whats the point of them owing the company (OSB) that does that production. So they could shut it down and lose their shirt on it out of spite effectively - which would not exactly be a prudent use of shareholder funds - or sell it to the new rights holder or anyone else. Or they could keep it and charge for the privilege and at least keep a sliver of revenue from the sport. Or the rugby union themselves using the bonanza of all that extra revenue produce it themselves and not need them anymore as part of the deal. There is 3 options off the top of my head - So its not the sure thing lock in everyone believes it to be.

[Entrep]

Rights and production are different. They could produce the rugby and someone else broadcasts it or vice versa. There is not another company in NZ that can produce all the rugby games they do, Intl, Super Rugby, NPC all the way down to school boy. That is a lot of games and not a small or easy operation to start

[JAX]

Rights and production are different. They could produce the rugby and someone else broadcasts it or vice versa. There is not another company in NZ that can produce all the rugby games they do, Intl, Super Rugby, NPC all the way down to school boy. That is a lot of games and not a small or easy operation to start

They dont need to! - All Amazon/Netflix/Spark etc has to do is acquire the streaming rights. Leave the "broadcast" rights to SKY which then forces them to keep "producing the content".

This is the common approach overseas, split streaming and broadcast rights and get everyone to bid for either - SKY would never win the Streaming and probably couldn't afford both anyway, but couldn't afford not to have the standard rights either. Its a absolute money maker for the Sports - they effectively get a double up for something that didnt exist 5 years ago. NZRugby would be crazy not to follow and Im sure they will. The damage to SKY's business having a competitor thou, will be massive.

[bull....]

bollingers turning down , macd negative , the hourlies consolidating at the lows - whens there results?

[bull....]

under 3 getting closer maybe at report time? be interesting

[Entrep]

^^ Even then would you consider it a good buy? Dividends and cashflow are great, but where is the business in 5+ years?

[bull....]

^^ Even then would you consider it a good buy? Dividends and cashflow are great, but where is the business in 5+ years?

have to change there business model for me to get even faintly interested.
anyway should never buy a business for a high dividend if its unsustainable in the long run as your never get your capital back.

[LAC]

have to change there business model for me to get even faintly interested.
anyway should never buy a business for a high dividend if its unsustainable in the long run as your never get your capital back.

Totally agree but they still have a chunk in the bank, they are bound to acquire something.... if they are losing customers fast then they will look to get customers through a different business altogether. They would be crazy to spend their cash saving this dying business. If they can acquire something they can bundle then they will survive this rut. If they sit back and spend that banked cash on paying divies.....then the game is over.

[Entrep]

totally agree but they still have a chunk in the bank, they are bound to acquire something.... If they are losing customers fast then they will look to get customers through a different business altogether. They would be crazy to spend their cash saving this dying business. If they can acquire something they can bundle then they will survive this rut. If they sit back and spend that banked cash on paying divies.....then the game is over.

I've got an idea - how about they buy a telco?