....it's not just a case that Sky will have less money, but that they'll deliberately choose to pay less anyway for the rights.
Sky have paid a premium price for films, sports rights and HD and that gave them control over that content and sold dishes. When they lose that control, the value of that content automatically diminishes and they will not then pay that premium for it ever again. That is the end of their monopoly, period.
As I said, whether this is better for us in the end, I'm not so sure. You had one premium sports/films supplier, Sky, and paid one price. If ESPN, BT, VM whoever, get top notch sports rights and launch their own channels, we still have to pay for all those channels...
Thanks for the compliment. It's nice to be back on this forum. At least I won't get banned just by mentioning the dreaded O word (Ofcom) on this thread.