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    Sky loses Champions League Rights to BT Sport

    This is a discussion on Sky loses Champions League Rights to BT Sport within the Sky news and announcements forums, part of the SkyUser Announcements category; Originally Posted by pdoherty76 I tried recently to reduce my sky sports subscription to just sky sports 1 and was ...

    1. #21
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      Re: Sky loses Champions League Rights to BT Sport

      Quote Originally Posted by pdoherty76 View Post
      I tried recently to reduce my sky sports subscription to just sky sports 1 and was told they do not offer that option any more.
      Cancellations instead of downgrades can do this option, or alternatively if you don't have any sports you can upgrade to this option by doing it online on mysky.


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    3. #22
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      Re: Sky loses Champions League Rights to BT Sport

      Which part of BT is buying the sports rights?

      I was under the impression it was BT Retail that was running the TV service and therefore it was that division making the expensive purchases.
      Or have they created a new division just to run Sports services? There is some speculation that this is what has happened so where is the funding coming from?
      A lot of the comments (elsewhere) seem to be that BT made £18bn profit last year so this purchase is nothing, but that was the BT Group not BT Retail profit. BT retail profit was about £7bn which is still more than Sky. So where are they getting the money from? Which pot of money?

      Sky, talktalk and other competitors must surely be watching this and willing BT Retail to get spun-off from the rest to make the competition fair. If BT Group were funding losses on the Sports from profits made by Wholesale and Openreach groups which are supposed to be run separately from Retail then this is an abuse of the market.

    4. #23
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      Re: Sky loses Champions League Rights to BT Sport

      From: Broker tips: BT, BSkyB, RBS, Shire | share and stock market news from Hargreaves Lansdown

      "UBS has maintained its 'sell' rating for BT after the company won the exclusive rights to the UEFA Champions League and UEFA Europa League for three years, raising concerns about the price it paid to secure the deal.


      The bank said that the company is taking market share but at a large cost, with the£299m-per-season representing 130% inflation and 20% higher than the cost of the Premier League rights. It believes that content inflation is now a "significant risk" and said it expects Sky to "hit back via DSL and fibre price cuts".

      Meanwhile, British Sky Broadcasting was trading firmly in the red after BT's UEFA deal and a downgrade by Nomura from 'buy' to 'reduce'.

      The broker said that BT's willingness to overpay for the UEFA deal is "worrying for Sky and a bad sign for the next Premier League auction"."


      "DSL and fibre price cuts" sounds like a great idea to hit back at BT by winning some market share from BT on the broadband front - exactly what BT are trying to protect!
      ++ speedyrite ... is powered by Sky Fibre Unlimited Pro ++ is a networks & broadband specialist
      ++ recommends NOW TV - streaming is the future of tv ++
      ++ My blog ++

    5. #24
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      Re: Sky loses Champions League Rights to BT Sport

      Got to be honest, I find it highly ironic that a platform which destroyed the competition by buying sports rights at over inflated prices is being beaten around the head by a company doing exactly the same thing.

      The downside of course is it is neither of them that ever really pay the ridiculous bill.

      Might move the dish and start watching CL on a German channel like ZDF when the UK "free to air" rights end.
      Scubbie likes this.

    6. #25
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      Re: Sky loses Champions League Rights to BT Sport

      I shudder to think how much will be in the pot in a few years when the next bidding war starts.

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      Re: Sky loses Champions League Rights to BT Sport

      lets hope sky do drop fibre and price of broadband more as there fibre needs to come down allot more

     

     
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