Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I agree, deep pockets but unfortunately no brand quality or decent infrastructure, so I still think Sky will come out on top, rumours of a next generation box launching too as per telegraph article some time ago. Streaming boxes still have along way to go with reliability and development especially for slow speeds in rural areas.
Sky is up against competition with deep pockets and I think the SP WILL FALL. Will Vodafone bid? cant see it without a MM referral
Sky and BT: grudge match: From January, the reigning champions of televised football, Sky, face upstart BT in a contest worth billions of pounds for the rights to televise the English Premier League. Well, gents, Sky needs a win in this London match. BT are flying after snatching away a quarter of the live football matches per season in their last meeting on this ground in 2012. All I know is you can’t win anything with kids. Sky will want to hold the line at the number of games they now cover: 114 games per season. Otherwise, the key is how they defend. If you can’t protect your goal, you’re nothing. Sky may well have to park the bus and just bid for the minimum: the key Sunday games. Sky’s Manager Jeremy Darroch does have plenty of experience in this league. And that counts for me. Thanks, gents. It seems that content remains key to keeping the fans happy. For now BT has the money to make its owners’ dreams come true. Sky may need to find a richer partner. The game is changing.
Remember when Sky upped the bill to Virgin Media for Sky 1. They wouldn't pay it so they cut the broadcast. IF Sky didn't get the premiership rights I'm sure the powers that be, if they had sense, would whack up the fee that BT pay to broadcast their sports channels to compensate for any losses. If BT refused to pay, bam, no platform to show their billions of pounds investments.
Having just got BT sport on my Sky platform, I must say I am quite impressed with their football offering. The potential purchase of EE by BT will not harm their bid in the forthcoming Premier League auction. EE are the biggest mobile operator in the UK, with their superfast 4g network and own mobile TV channel this will only enhance BT's bid.
surely there won't be much left in the pot to bid for the premiere league - My thoughts exactly. I'm sure Sky will submit a huge winning bid, which may impact on their short term profits (apparently a 50% increase on their last winning bid will see a 12% impact on forecasts), but long term, and especially if they can do in Europe what they've done in the UK, I think they'll go from strength to strength, IMHO.
Just seen the news that BT are looking at spending 12 billion on buying EE. Not sure where they're getting this kind of money from but surely there won't be much left in the pot to bid for the premiere league.
Massive concerns with the Premier League TV rights up for renewal. If Sky failed to win this, especially after losing the Champion League rights to BT, they reckon their earnings before interest and taxes could drop by more than 50pc, I'm banking on them winning as they simply can't afford to lose.
Am I missing something?
Sky considers withdrawal of Now TV from YouView: Sky could withdraw its Now TV streaming service from BT and TalkTalk’s television subscribers in a row over costs and the slow development of the YouView set-top-box technology they use.
What a great week, hope it carrys on going the same way next week.
Sky Bet a successful accumulator for Darroch, trophy asset builder: CVC made Jeremy Darroch an offer he could not refuse. The private equity business is purchasing the online gaming arm of Sky for up to £720 million. Mr Darroch, Chief Executive since 2007, had not been planning to sell. But what is a chap to do when West End swells propose buying an 80% stake at 15 times trailing earnings? The tenacious Mr Darroch, who was advised by Goldman, gets £600 million upfront and £120 million if Sky Bet hits earnings targets. He could invest in content, which cliché designates king of the converging realms of phones, TVs and computers. He could bid for the mobile operators EE and O2, which are up for sale, in competition with arch-rival BT. Sky Bet was growing strongly. But Mr Darroch is still well shot of it. Internet gambling is a different technological arms race to broadcasting. The dangers of errors were underlined on Wednesday when Ladbrokes announced the departure of Chief Executive Richard Glynn. His turnround plan was weakened by online inadequacy, only atoned for latterly through a tie-up with Playtech.
SKY SELLS SKY BET The broadcaster has sold a controlling stake in its bookmaker arm to the private equity group CVC Capital as it attempts to focus on its battle with BT. Sky Bet, which sponsors the Football League, will go for around £800m and Sky will keep a 20pc stake. It will also license the name
BT's move has certainly impacted on this.
Sky remains sceptical of quad play as rivals prepare for launch: Pay TV group Sky, recently rebranded from BSkyB, remained unconvinced by the need for a mobile offering, after its biggest rival BT looked poised to buy either EE or O2 in a £10 billion mobile deal.
....having a positive effect on the sp!! I could think of few other Co's that that might like to try the same trick!!! ATB.
A great start to the week, hope this is a sign of things to come for the new Sky.
It would appear they have changed their code from BSY. to SKY which explains why they had disappeared from my portfolio. "In order to recognise the international scope of the business, following the acquisition (...of Sky Italia and a majority interest in Sky Deutschland...) the company will change its name to Sky, in place of British Sky Broadcasting (BSkyB). The company will be listed on the London Stock Exchange under the symbol SKY." I now have the dubious honour of being the first to post on SKY - God bless her and all who sail in her!! ATB.