Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Sky Shares Head Skywards Again As the Telly Army Shows No Sign of Doing Something Else.

By Malcolm Stacey

4 March 2016 01:37

More:

Hello Share Polishers. Despite the fact that we should have all got fed up with it over the last 60 years, the time we waste watching the one-eyed monster in the corner ( a staggering 4 hours daily in the UK) is a sad indictment on the human race. It saves doing any work you see. You don’t even have to read anything.

Already a member? Sign in

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 13 year archive

• ShareProphets Daily Newsletter

Cancel any time

This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments

Duck and Dive

4 March 2016, 03:41

I’m a big admirer of Rupert Murdoch…and not just because he has the good taste to purchase one of the world’s most beautiful, intelligent and witty women. For me, the launch of Sky was stunningly big, brave and entrepreneurial and I have been a subscriber since the beginning, lured by its golf coverage. But its biggest draw for most people is soccer – and here the offer isn’t as good as it used to be. BT, ESPN, Fox, ITV, BBC and others have outbid Sky for rather a lot of the crown jewels – including many of the Premiership matches and all of the Champions League and FA Cup games. Sky’s sports channels are now full of obscure sports, lower leagues, foreign leagues and repeats (although their golf coverage is still excellent). No longer is it a must-have for soccer fans.

Sky is also losing out to new/growing TV streaming services from the likes of Netflix brought to us via Apple TV, Amazon Fire and other low-cost set-top boxes. And even their premium services are being undermined by freely available streaming hacks from Kodi and others.

I can’t comment on Sky Broadband as I have never used it but that’s a highly competitive market too where Sky don’t appear to have any compelling advantage over BT, Virgin et al.

So I see Sky as a mature and soon declining business which I wouldn’t be rushing to invest in today.