Five things you could buy for the same price as the Premier League TV rights: 325 Balotellis, 2.2m travelcards, 65m Apple shares and more February 11, 2015 Buying up the rights to broadcast Premier League matches to avid football fans across the UK doesn't come cheap. At a total of £5.2bn, a record price paid by Sky and BT, that’s some serious spending power. Here’s what else that sort of cash could be splashed on. 1. 2.2m travelcards How about buying [...]
Sky share price falls on massive Premier League TV rights spend while BT rises February 11, 2015 Shares in Sky fell as much as five per cent in early trading this morning, leading the FTSE lower, after it agreed to fork out £4.2bn on the TV rights for Premier League football games. The broadcaster paid 83 per cent more for the rights to screen 126 football games each season from 2016 to 2019 [...]
Sky high bids top £5bn for Premier League TV football rights February 10, 2015 Sky footed a huge £4.2bn bill last night in order to maintain its grip on Premier League football. The media giant will show 126 Premier League football matches per season from 2016 to 2019. It will pay over £11m for each game. The bill is an eye-watering 83 per cent increase over Sky’s existing three-year [...]
Sky and BT win Premier League rights: The billions keep pouring in, but do fans benefit from football’s boom? February 10, 2015 The flood of cash pouring into the Premier League each year just keeps getting bigger and bigger. Many fans roll their eyes as the numbers in football become increasingly astronomical – but do supporters of top flight teams benefit from the growing billions that TV firms put in? In terms of ticket prices, the answer [...]
Sky reveals it is still hooked on top football – Editor’s Letter February 10, 2015 THIS was the auction that Sky dared not lose. The satellite broadcaster has built itself on the back of live football and although it’s now a much more broadly-focused business than it ever was, the appeal of the Premier League is still what convinces hundreds of thousands of subscribers to stick with the service come [...]
Premier League sells TV rights for record £5.14bn to Sky and BT February 10, 2015 Premier League games are worth more money than ever before after the league agreed a new TV rights deal worth an incredible £5.136bn with Sky and BT. The average live Premier League football game will cost £10.2m to screen from the 2016-17 onwards, after Sky and BT shared the 168 games split across [...]
Broadband roll out disputed as two million homes go superfast February 9, 2015 THE GOVERNMENT and BT say that they are on track to reach their target to get superfast broadband in 95 per cent of homes by 2017, announcing yesterday that 2m households are now connected to internet with speeds of 24mb/s. However, Chris Bryant, Labour’s shadow minister for culture and the digital economy, expressed his concerns: [...]
Best of the Brokers for 09 February 2015 February 8, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com BT GROUP Besi Research reiterated its “buy” rating for the telecoms group, after incorporating the upcoming EE deal into its forecasts. The broker said “given the strategic opportunity and synergy potential”, the price being paid is fair, and added that BT’s dividend is [...]
From Greece to Scotland via BT and EE: What got us talking this week February 6, 2015 It was all Greek to us this week Specifically, Greek finance minister Yanis Varoufakis, who visited London as part of a Europe-wide charm offensive to support his plan for solving the small matter of the country's giant debt. Free market think tank Adam Smith Institute gave its backing to his debt restructuring [...]
Premier League set for £4bn in TV auction bids and Sky and BT prepare for battle February 5, 2015 Today marks the closing of the deadline for bids in the multi-billion pound auction for the UK TV broadcast rights of the Premier League. The three seasons to 2019 of the most-watched football league in the world will certainly see BT and Sky battle it out for the coveted rights. But with the added possibility [...]