SKT Sky Network Television Limited.

**JeremyALD** · 23-08-2017, 02:43 PM

Thanks both I will resist. I do think there is a good chance this will bounce at some point to mid $3s but probably not worth the risk. Completely agree it's not a good long term hold, but as a trading stock it is tempting at current levels, especially with the divvy coming up

**Entrep** · 23-08-2017, 02:50 PM

Originally Posted by Ogg

https://betanews.com/2017/04/13/mill...irate-streams/

This article https://techcrunch.com/2017/08/22/ov...-survey-finds/ contradicts that one to an extent, but sadly for SKY neither is helpful for its business.

**Ogg** · 23-08-2017, 03:01 PM

Originally Posted by Entrep

This article https://techcrunch.com/2017/08/22/ov...-survey-finds/ contradicts that one to an extent, but sadly for SKY neither is helpful for its business.

That's even worse. Sky is basically just a middleman. If Disney is going to directly stream it's content then there's no reason why Rugby New Zealand can't outsource to a video crew to film the All Black games then stream that content direct. Basically keeping all the profits themselves. Why pay a third party to resell your own content?

**Beagle** · 23-08-2017, 03:06 PM

Winston Peter's appears to be going to hold the balance of power. One of his key desires is that key international sport events involving Kiwi's are screened free to air.
Interesting behind the paywall article on NBR - Guts of it is extremely negative. Lot of talk that if you ring SKY up to cancel your subscription they offer you a special deal of $20 month to keep it. Desperation anyone ? This stock is facing systemic issues that ensure it is in structural long term decline.

**Bjauck** · 23-08-2017, 03:18 PM

Originally Posted by Beagle

Winston Peter's appears to be going to hold the balance of power. One of his key desires is that key international sport events involving Kiwi's are screened free to air.
Interesting behind the paywall article on NBR - Guts of it is extremely negative. Lot of talk that if you ring SKY up to cancel your subscription they offer you a special deal of $20 month to keep it. Desperation anyone ? This stock is facing systemic issues that ensure it is in structural long term decline.

It sounds like the newspaper... if you say you're going to cancel your sub, all of a sudden they come up with a discounted deal to keep you sweet. Tough luck for the subscribers who say nothing!

**blackcap** · 23-08-2017, 03:21 PM

Originally Posted by Beagle

Interesting behind the paywall article on NBR - Guts of it is extremely negative. Lot of talk that if you ring SKY up to cancel your subscription they offer you a special deal of $20 month to keep it. Desperation anyone ? This stock is facing systemic issues that ensure it is in structural long term decline.

Thanks for highlighting this, Jay Riggs was saying the same thing. The more people are made aware of this the more are going to try it on. I am after the US open and will let you guys know what "deal" is given to me. This could snowball badly for SKY where in the end they just have to lump a $30p/m charge and be done with it.