View Single Post
Old 25-10-2008, 18:01   #2
richard1960
Guest
 
Location: Essex
Services: vm broadband tvxl TiVo, v+ sky sports and phone.
Posts: n/a
Re: Credit Crunch to hit Pay TV

Quote:
Originally Posted by harmitage View Post
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/
Not too sure about this one myself,i think probably the first thing people will cut from their budgets will be eating out in my view,i think things will get tougher for sky/vm, but people will not give up their broadband,tv phone so easily as they are very inbuilt into their lives,if you say shell out for sky sports at £19 per month that can be very cost effective in comparison with going to football/cricket matches,i think people will give up going to grounds,say at £40 per ticket, whilst retaining live coverage of sport in thier homes.

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.
  Reply With Quote