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Sky - Comcast takeover complete

Comcast to compulsorily acquire all shares not already held. (September 2018)

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DA
DAS Founding member
rdd posted:
Always struck me as an odd one, it’s a sport Sky has hardly any rights to. Presumably the thinking was that cycling fans would be unlikely to already have Sky and were worth advertising to.

It was James Murdoch's baby, he's a keen cyclist:
https://www.theguardian.com/media/2012/jul/23/james-murdoch-sky-tour-de-france


Well... sort of... (“Sky's link with cycling dates back to 2008, when the broadcaster was searching for a sport on which it could have a wide-ranging impact through sponsorship... Robert Tansey, who chairs Team Sky, says: "If the question is whether we did this because James is a cycling fan, then the answer is no.")

The genius was finding a sport that had headroom to grow in popularity and adoption (i.e. it wasn’t something you’d talk about at the pub like football), easy access for people to get involved (low cost, little expertise required, easy to get the equipment) and potential to grow at a national level with funding. Sky owned and essentially backed the team being built rather than just being a straight sponsor.

I think it’s been on the cards a fair while - easy to assume it’s down to Comcast and/or drug controversies, but these things always move on, and 10 years is a lengthy period. I suspect that part of the thinking behind Ocean Rescue being set up a couple of years ago is to become a natural successor - similar hallmarks around growing awareness and adoption, easy access and a national platform?

98 days later

DV
DVB Cornwall
One final postscript.

Disney’s takeover of the remainder of 21CF completed last night.
RD
rdd Founding member
With the rump Fox Corporation admitted to the NYSE yesterday also, consisting of the terrestrial Fox Network and certain related assets which Disney wasn’t allowed acquire.

Also, Team Sky announced its new title sponsor Ineos.
SK
Skankhunt42
I wonder how long before we see some changes
NJ
Neil Jones Founding member
I wonder how long before we see some changes


At the precise moment that you're not looking change will happen.

It may be that we do not see much change at all aside from the previous documented Team Sky cycling sponsorship withdrawal. Possibly a heavier push towards SkyQ towards customers who insist on staying on legacy hardware that Sky still have to support but I dare say that would eventually happen naturally over time. Sky could probably afford to shift everybody who isn't at least on Sky+ over to Q or refurbished + boxes and that would save them having to maintain what is now at least three different platforms, but even then it wouldn't be cheap.

69 days later

CA
cat
New book out on the inside story of the Comcast-Sky takeover.. may be of interest to some forumers:

https://www.bloomsbury.com/uk/the-battle-for-sky-9781472964908/
ST
Ste Founding member
cat posted:
New book out on the inside story of the Comcast-Sky takeover.. may be of interest to some forumers:

https://www.bloomsbury.com/uk/the-battle-for-sky-9781472964908/


Also on Kindle for £15.11 - https://www.amazon.co.uk/Battle-Sky-Murdochs-Comcast-Entertainment/dp/1472965515
RK
Rkolsen
Ste posted:
cat posted:
New book out on the inside story of the Comcast-Sky takeover.. may be of interest to some forumers:

https://www.bloomsbury.com/uk/the-battle-for-sky-9781472964908/


Also on Kindle for £15.11 - https://www.amazon.co.uk/Battle-Sky-Murdochs-Comcast-Entertainment/dp/1472965515

I’m always leery when a book about some sort of history (even media) comes out less than a year after an event happens.

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