SKT Sky Network Television Limited.

[Ogg]

That's pretty good news really, so a close below 17c on the cards today... 

Mate with fantastic news like that we will be lucky if we end the week in the sixteens!!

Cool, SP to drop by another 5% then?

Good news = SP down by 5% is the new normal for this stock. Seems to be the same for KPG at the moment too.

Welcome to La La Land

[Ogg]

Walt Disney doing a 360 here? Would have thought they were pulling the channels.

[mistaTea]

Walt Disney doing a 360 here? Would have thought they were pulling the channels.

They are doing what they think makes the most sense for their business.

This is the issue we face...any developments in the industry and the worst-case-scenario is always predicted for Sky. Disney pull some kids channels and go OTT and everyone decides that ESPN will definitely go too...

Most of the dire predictions for Sky don't come true.

[Ogg]

Pretty much everyone has resigned:

• ViacomCBS
• NBCUniversal/Comcast
• Discovery/Warner/HBO
• ESPN/Disney
• Rugby rights until 2025.
• International Cricket

So no one wants to take this dog over?



They'll all rather just resign and let us plebs take a cut of their margin?

[mistaTea]

So no one wants to take this dog over?

Poor Ogg...he has bought shares in a company that he thinks is 'a dog' yet still expects someone else to come in and pay him handsomely to buy it.

[Ogg]

Down 2%

Great call guys, absolute rubbish announcement.

[Ogg]

Poor Ogg...he has bought shares in a company that he thinks is 'a dog' yet still expects someone else to come in and pay him handsomely to buy it.

I specialise in mutts for resale.

[LaserEyeKiwi]

good news, but somewhat of a surprise as I didn't realise Sky was in danger of losing ESPN.

ESPN cable revenue is a giant cash cow for Disney that they will milk for all its worth before finally cutting that cord and moving the content exclusively to its DTC ESPN+ offering.

[LaserEyeKiwi]

Pretty much everyone has resigned:

• ViacomCBS
• NBCUniversal/Comcast
• Discovery/Warner/HBO
• ESPN/Disney
• Rugby rights until 2025.
• International Cricket

So no one wants to take this dog over?



They'll all rather just resign and let us plebs take a cut of their margin?

"Disney" hasn't re-signed with Sky, only their ESPN "linear channel" output. All other Disney content is on Disney+ (except for the few items that were licensed to Sky previously, like "The Handmaids Tale").

HBO/Warners is the big one that needs some sort of contract renewal - especially since the NZ launch of the Discovery+ DTC streaming service might now be the preferred delivery mechanism for Warners/HBO content once the current deals expire. It would be fantastic if Sky at the least were able to wrangle another "co-exclusive" (that description still cracks me up) arrangement for that content, like the previous recent discovery content deal.

[Topagent]

Another 2 mill shares traded today at 1pm. How many of these have gone through the last few days?