Quote:
Originally Posted by Ignitionnet
Refusing to pay overinflated prices is how companies realise the market won't tolerate their pricing. Premium pay TV isn't essential, no-one is obligated to purchase it, clearly people tolerate Sky's charges as they do pay them.
The question of money is an interesting one. When it comes to the issue of VM's total integration within their closed cable network the answer to competition is 'build your own' which would cost a 11 figure sum. When it comes to paying less than £300 million to compete with Sky's content purchasing power no-one can compete.
Have a look at both VM and BT's balance sheets, pay special attention to the cash they are generating. They have both chosen not to invest in content and indeed VM have actively left the content space. Seems pretty ridiculous to choose not to invest in content then complain when a 3rd party buys it all and won't sell it to you for what you want to pay for it, however having a friendly regulator is always a bonus in those circumstances.
---------- Post added at 17:41 ---------- Previous post was at 17:37 ----------
I wasn't aware we were required to purchase Sky's premium content. There are many products there is only one supplier for, there is nothing stopping other operators from purchasing these content packs they have just chosen to not do so.
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Having a friendly regulator? This is sheer fantasy. The competition commission is their as an independent body to promote fair competition. Because they have found the obvious ie that Sky are in a position of dominance and are running a monopoly to the detriment of us customers then of course they must be in VM's pocket.
The last time I looked the prime minister was David Cameron and he was spending his christmas with James Murdoch not any executives from rival companies.
You you know fine well why VM have got out of the content busines it is because they cannot compete with Sky. I'm not looking for protection for VM anyway I'm looking for our interests to be protected and a monopoly is not in our interests.