Sky TV urged to shed assets

Fri, 15 Jan 2021

Sky Network Television should review its ownership of loss-making assets Prime and RugbyPass while using broadband and price cuts to stem falling subscriber numbers, broking firm Jarden says in a new research note.With much of the firm's operating costs "locked in" across key content, Sky should look for opportunities to reduce costs in light of “dwindling profitability," analysts Arie Dekker and Luan Nguyen said.The firm should consider cutting some content from the platform and find ways to curb losses from both Prime...

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