Virgin Media: Why City A.M. is wrong about TV market November 1, 2009 IN his article last Friday about the pay TV market, City A.M.’s David Crow suggested that, by forcing Sky to wholesale its premium sports and movie channels to competing pay TV retailers, media regulator Ofcom is punishing Sky’s success. He compares Sky’s investment in sports and movies to car maker Toyota’s investment in hybrid fuel [...]
Clean sweep for Hoy as Brits stay top of the world November 1, 2009 SIR CHRIS HOY completed a stunning clean sweep in Manchester by leading his three-man sprint team to victory to ensure his 2010 World Championships qualification. In an all-British final, Hoy, Ross Edgar and Jamie Staff, in Team Sky+HD colours, finished 0.395 seconds ahead of Team GB’s Matthew Crampton, David Daniell and Jason Kenny. And Hoy, [...]
Sky’s rivals want to punish it for being a success October 29, 2009 BACK in 1997, Japanese carmaker Toyota took a gamble and spent $1bn (£603m) developing the Prius, its hybrid fuel vehicle. At the time, the panic over global warming had yet to develop and there was little call for a mass-market green car. In its first year of production, it sold just 300 units. Now the [...]
Lufthansa forecasts grey skies October 29, 2009 Deutsche Lufthansa provided a gloomy outlook for the airline industry yesterday, saying any green shoots of recovery were being swamped by pricing pressures in both passenger and cargo services. It said it was still too early to give the all-clear for the air cargo industry. Drops in volumes were not as severe as in prior [...]
Wenger and Redknapp can serve up goal feast October 29, 2009 ARSENAL vs TOTTENHAMTOMORROW 12.45PM – SKY SPORTS ACE OF BASE were topping the charts with their monster hit ‘All That She Wants’ the last time Tottenham won at Arsenal. Since then the Gunners have won nine and drawn seven of the 16 games at Highbury and the Emirates, while since the inception of the Premier [...]
Sky rivals call on Ofcom to speed up its probe into the pay-TV market October 28, 2009 Broadcasters have urged Ofcom to speed up its review of the pay-TV industry, calling on it to implement rules to force Sky to wholesale premium sports and movies content to rivals at fixed prices. The watchdog yesterday published submissions to its third consultation on the pay-TV review, which showed that Sky’s rivals are becoming increasingly [...]
FOOTBALL-CRAZY PWC GETS STUCK IN ON ENGLAND’S WORLD CUP BID October 28, 2009 GOOD news for the multitude of football fans in the City: the team behind England’s bid to host the 2018 FIFA World Cup have secured themselves a powerful ally. PricewaterhouseCoopers, the accountancy giant, today announces it is the first sponsor to officially back the bid, responsible for working on crucial aspects of the proposal such [...]
RAPPER TALKS CRIME, DRUGS AND THE CUT AND THRUST OF BUSINESS October 27, 2009 FRESH from interviewing Warren Buffett, otherwise known as the “Sage of Omaha” or one of the most successful investors the world has ever seen, the Beeb’s Evan Davis yesterday turned his microphone on a different type of guest: rapper 50 Cent. “Fifty”, who’s recently co-authored a business book called The 50th Law, was happy to [...]
Rafa looks deflated but ‘Pool can still have a ball October 22, 2009 LIVERPOOL vs MANCHESTER UNITEDSUNDAY 2.00PM, SKY SPORTS 1 MANY pundits thought this was finally Liverpool’s year, but things have not started well and Rafa Benitez’s side – with no thanks to the infamous beachball goal at Sunderland last Saturday– have now lost four games in a row, their worst run in 22 years. Their play [...]
Speculation is driving the price of oil October 21, 2009 OIL’S break through to $80 per barrel earlier this week was attributed to yet another bout of dollar weakness in forex markets, or a strong gasoline inventory draw-down in the US. But looking at the truly fundamental factors – the Organisation of the Petroleum Exporting Countries’ (Opec) spare production capacity standing at a whopping 5.5m [...]