[jfman]

Streamers are going from strength to strength OB. The value of the rights are in decline - even a rollover of a contract on current terms represents a decline in real terms.

If now isn’t the time to step up when will be? After all you’ve preached that they were in a position to blow Sky/BT out the water. Hanging around until the rights devalue isn’t blowing anyone out the water. It’s barely a fart in the bath.

The markets appear to confident in the companies supposedly waiting in the wings. Over the last 12 months:

Amazon share price - up.
Netflix - up.
Facebook - up.
Alphabet (Google) - up.
Apple - up.

All of these companies are cash heavy too - they wouldn’t need to be looking to third parties (loans) to finance their bids.