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Credit Crunch to hit Pay TV
Not suprising really, but according to this report things are going to get tougher for VM and Sky next year.
http://www.brandrepublic.com/News/85...ending-pay-TV/ |
Re: Credit Crunch to hit Pay TV
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I think people could downgrade which will hit profits,but overall i think sky/vm are reasonably well insulated,unless the credit situation has a bigger impact then we think on jobs/or the economy.:) |
Re: Credit Crunch to hit Pay TV
I think people are going to stay home more in the current climate which will of course mean watching more TV, so i think they'll be fine.
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Re: Credit Crunch to hit Pay TV
Yeah what he said
In fact they might stay at home sooooooooooo much they might even increase the services :) |
Re: Credit Crunch to hit Pay TV
Isn't that what the survey found?
"According to the online survey of a representative sample group of 1,022 UK adults in August, 82% of consumers plan spend at least as much as they currently do on TV services in the next 12 months, and a whopping 94% are considering signing up to additional services, such as movie and sports channels." I love stats. :) |
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All down to the phrasing of the questions really,i tend not to believe many of them to be honest. |
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"Theres Lies....Damned Lies..... and then Statistics" :D |
Re: Credit Crunch to hit Pay TV
The BBC Magazine had an excellent series of articles on stats and journalism recently. Well worth a read.
http://news.bbc.co.uk/1/hi/magazine/7542886.stm http://news.bbc.co.uk/1/hi/magazine/7554022.stm http://news.bbc.co.uk/1/hi/magazine/7568929.stm http://news.bbc.co.uk/1/hi/magazine/7581120.stm http://news.bbc.co.uk/1/hi/magazine/7592579.stm http://news.bbc.co.uk/1/hi/magazine/7605118.stm |
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Re: Credit Crunch to hit Pay TV
first thing i would cut off is my tele, i very rarely watch any other channel other then sky one... i can live with out that.. and watch the freeview channels... theres tons of things online to watch tele... 4OD, and even a bbc online player... and i think people will down grade alot of there services, especially if there not getting what they paid for such as internet speeds etc etc..
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Re: Credit Crunch to hit Pay TV
Well not really a suprise and maybe the first signs is the barb figures they show significant surgence in terestial figures.
http://www.barb.co.uk/viewingsummary...viewingsummary The only channels who seem afloat are ones on freeview even SKy gettin g little bit of hit with SKy Sports dropping in numbers and Sky sports news depsite it being a freeview channel. Although this maybe down to people getting ready not having it as believe its going off air. Thing is if people believe the best channels are on freeview and what Sky and virgin offer is not value for money then sure Both during credit crunch will lose. Then there is freesat which equally good option. |
Re: Credit Crunch to hit Pay TV
No I predicted this a while back, look back at the at the early 1990's, nobody was interested in pay tv because it was too expensive,nobody had the money!
Furthermore, peoples income is going down and everyone is having to cut back on luxuaries such as TV. People will start to downgrade TV packages and remove Sky premium channels which means less revenue for the firms. Bolton Cable Vision which covered Bolton,Blackburn and Darwen had around just under 5,000 subscribers in 1990. Nynex took over and that hardly changed, then Nynex expanding the network to nearly every street and also launched the phone service in 1994, things then started to change and more subscribers decided to join because peoples income was getting more stable and the offers and promotions and cheaper-than-BT offers were very attractive back then. 1996 was another year when a whole big bundle of TV channels were launched and that also dragged in the customers. 1997 saw the merger of Nynex with Cable and Wireless, more customers joined as Advertising of the service was broadcasted over TV, however thats where it went downhill as Cable and Wireless cut back on investments and the service became shabby and then piled it all onto NTL. All I can remember being on Cable TV in 1994/5 was: BBC1 BBC 2 ITV Channel 4 UK Living UK Gold The family channel (Now Challenge TV) The parliamentary channel (Now BBC Parliament) BBC News 24 TCC (Now Trouble) Bravo??? Carlton select Carlton food network ??? Sci-fi??? MTV Sky premier Sky Max Sky cinema Sky one Sky two??? Not very attractive eh??? Then in 1997: BBC1 BBC2 ITV Channel 4 Channel 5 Channel One (Local News channel for London and Merseyside) UK Gold Living Bravo Trouble Carlton Select Carlton Food Network Sky One Sky News CNN Bloomberg BBC News 24 Euronews The Box MTV VH1 Nickelodeon Challenge TV TV Travel shop Tara TV Cartoon network TNT Movies Live TV Sky Premier Sky Max Sky Cinema Sky Sports 1,2 and 3 The Parliamentary channel Sci-Fi RTL Rai-Uno CNBC Hellenic TV TV5 QVC Granada plus Granada Men and Motors Paramount comedy Performance channel Eurosport Fox Kids Disney channel Television X Adult Channel Other channels: ITV 2 launched in 1998 Playboy launched in 1998 Film 4 launched in 1998 Carlton Cinema launched in 1999 And the telephone service offered something like this: Local calls: 3p per minute/off peak 1p per minute National calls: 4p per minute,3p off peak Local cable calls: Free at evenings/weekends Calling features: £1 each per month Line rental: £6 per month with Cable TV Top Cable TV package: £15 per month So, Top Cable package and phone line rental: £21 per month! Good value! Now its £22 per month for the TV alone! |
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