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Originally Posted by OLD BOY
It is relevant, because sport is costing more, although as I’ve already said, fragmentation was happening anyway, before the streamers started buying the rights.
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It wasn't to this extent and the notion that venture capital or Silicon Valley would throw money down the toilet in the way they have with streaming services is fanciful.
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It does not matter to the consumer if a business is not currently making a profit. Virgin Media has been in debt most of its life since its inception, hasn’t it?
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It has infrastructure as an underlying asset.
It does indeed matter to consumers that markets are being distorted by venture capital or Silicon Valley underwriting unsustainable losses, forcing up rights costs for viable companies. This falls to
consumers to fund.
Your failure to understand that undermines your entire argument.