SKT Sky Network Television Limited.

[Ogg]

Discovery closed down 5% last night



The deal creates a huge debt pile for the newly created entity.

Can they compete with Netflix and Disney?

Stock under pressure from sceptics selling out.

[mistaTea]

Good article:

https://www.cnbc.com/2021/05/17/warn...universal.html

In the words of the great Tom Lehrer, “Who’s Next?”

Viacom should just buy Sky Network Television mate so that they can instantly have the scale to compete against Netflix.

[Ogg]

https://www.nzherald.co.nz/business/...2Q2AB3NIRMF4E/

"the merger of these assets creates a new media company with scope which looks eerily similar to Sky's"

[mistaTea]

Once Sky become the AT&T of NZ through their link up with Vocus all will be well.

[mistaTea]

"the merger of these assets creates a new media company with scope which looks eerily similar to Sky's"

Yes that is probably the most Cage-worth line I have read all year.

[airedale]

https://www.nzherald.co.nz/business/...2Q2AB3NIRMF4E/

Maybe Handley knows {or guesses} something about the direction this merger could favourably affect Sky Tv.

[Ogg]

Maybe Handley knows {or guesses} something about the direction this merger could favourably affect Sky Tv.

[LaserEyeKiwi]

Discovery & WarnerMedia (like Disney & Netflix) are big content producers. Sky doesn’t really fit into their model as it doesn’t really create anything that has exclusive IP control. It actually fits more into Disney’s wheelhouse with its production of sports content (Disney is the largest sports rights holder & broadcaster in the world) RugbyPass would possibly work well as content for the global rollout of ESPN+ steaming service.

(Though I can’t see Disney making an offer any time soon)

[Ogg]

Discovery, WarnerMedia Merger Will Get a New Company Name

Zaslav also made sure to emphasize that Discovery would not be ignoring its own companies in the lead-up to the merger. "Until the deal closes we will fight to build the best Discovery on a parallel track"

https://www.cbr.com/warnermedia-disc...-company-name/

A new company name for me to search on the NZ Companies Website

[mistaTea]

Discovery & WarnerMedia (like Disney & Netflix) are big content producers. Sky doesn’t really fit into their model as it doesn’t really create anything that has exclusive IP control. It actually fits more into Disney’s wheelhouse with its production of sports content (Disney is the largest sports rights holder & broadcaster in the world) RugbyPass would possibly work well as content for the global rollout of ESPN+ steaming service.

(Though I can’t see Disney making an offer any time soon)

Yes, comparing Sky TV with the likes of Warner is apples and oranges.

Sky's relevance persists so long as the bundle is the most cost effective and convenient way for consumers to access the content they want.

In that light, M&A between the big content producers is not a big threat to Sky. We are already going down the co-exclusive path anyway for content rights. It would be ideal if we can keep the HBO contract on an exclusive basis when we next renew, but that would depend on how much $$$ they expect next time around for exclusivity.

I don't see Sky selling RP with sport (and rugby in particular) being so important. Covid has had a big negative impact on the platform but there are brighter days ahead and I am still optimistic in the long term potential of the platform. It certainly helps Sky with their 'scale' problem, if they can make it a success.