In a note following Sky’s latest half-year results and the announced launch of a new online TV service, Fitch said that the broadcaster’s numbers, “while fully supportive of its current ratings, highlight the highly competitive nature of the UK market for triple-play packages of television, telephony and broadband services and the increasing pressure we expect the company to face from internet pay TV services in the coming years”.
Referring to Sky’s new internet service, designed to target customers who do not want to sign up for a full pay TV service, Fitch said that “the company will have to balance this potential market against the need to ensure it doesn’t cannibalise its existing customer base”.
While competition from OTT players could lead to pressure on content rights in the long term, Fitch said this was likely to be a slow process.
ICYMI: Documentary+ to share viewing data with producers in ‘industry first’ digitaltveurope.com/2021/06/15/doc… https://t.co/paOZ7DJH1l
15 June 2021 @ 20:30:00 UTC
ICYMI: Hungary’s 4iG to take majority stake in Spacecom digitaltveurope.com/2021/06/15/hun…
15 June 2021 @ 19:30:00 UTC
ICYMI: AVOD consumption down 10% in less than six months in US digitaltveurope.com/2021/06/15/avo… https://t.co/rURHufTXe0
15 June 2021 @ 18:30:00 UTC
Elliptic Labs to create proof of concept of presence detection and gestures for leading smart TV OEM… twitter.com/i/web/status/1…
15 June 2021 @ 18:00:02 UTC