Few major football rights deals have been announced since auctions for UEFA rights in its top five markets and LaLiga’s new domestic cycle were completed late last year.

Football is increasing its dominance of sports viewing in the UK driven by expanded live coverage from broadcasters, and continues to be one of the youngest-skewing sports alongside darts and F1.

As premium football rights continue to take the lion’s share of sports rights spending, Sky’s recently extended partnership with Formula One shows the value of complementary rights properties.

Tech companies are reinventing themselves in a once-in-a-generation revolution, with a sweeping reassessment of staff, and product makeovers working their way down to media partners.

Memory and other component costs will impact the 2027 upgrade cycle for consumer tech from PCs to phones—just as local processing of AI features is supposed to sell more devices.

There is a rationalisation of AI’s inevitability across all businesses, despite risks spanning privacy, legality and ‘misfiring’ agents. Media’s red lines on using AI to create content may be overtaken by platforms and creators.

Broadband market revenue for the ‘big 4’ remains in decline as recovering subscriber trends are countered by worsening ARPU.

While abating altnet pressure should eventually lead to recovery, in the short term we expect revenue growth to worsen as the seasonal effect of annual price rises bites in the June quarter.

The longer-term outlook for the altnet sector is increasingly in regulators’ hands as the CMA decides on nexfibre/Netomnia and Ofcom decides on Openreach’s new special offer discounts

On 4 June 2026, Enders Analysis co-hosted the annual Enders TMT Leaders Live, sponsored by AlixPartners, Adobe, Warner Bros. Discovery, and the Financial Times.

With 684 attendees and more than 50 speakers from the TMT sector, including leading executives and industry experts, the conference focused on how new technologies, regulation, and infrastructure will impact the future of the industry.

This is the edited transcript of Session Four, covering: YouTube's role in the UK creative industries; the future of sports broadcasting; and the production of House of the Dragon.
 

On 4 June 2026, Enders Analysis co-hosted the annual Enders TMT Leaders Live, sponsored by AlixPartners, Adobe, Warner Bros. Discovery, and the Financial Times.

With 684 attendees and more than 50 speakers from the TMT sector, including leading executives and industry experts, the conference focused on how new technologies, regulation, and infrastructure will impact the future of the industry.

This is the edited transcript of Session Three, covering: the major operators’ strategies; Openreach pricing; the Mobile Market Review and TAR; Satellite; and the potential Netomnia/nexfibre deal. 

On 4 June 2026, Enders Analysis co-hosted the annual Enders TMT Leaders Live, sponsored by AlixPartners, Adobe, Warner Bros. Discovery, and the Financial Times.

With 684 attendees and more than 50 speakers from the TMT sector, including leading executives and industry experts, the conference focused on how new technologies, regulation, and infrastructure will impact the future of the industry.

This is the edited transcript of Session Two, covering: Warner Bros. Discovery on scale and focus; Ofcom’s cross-sector work; ITV’s resilience; Paramount on big screen resurgence; and news media in the AI age.

On 4 June 2026, Enders Analysis co-hosted the annual Enders TMT Leaders Live, sponsored by AlixPartners, Adobe, Warner Bros. Discovery, and the Financial Times.

With 684 attendees and more than 50 speakers from the TMT sector, including leading executives and industry experts, the conference focused on how new technologies, regulation, and infrastructure will impact the future of the industry.

This is the edited transcript of Session One, covering: Sky's digital transformation; Google's AI strategy; the BBC's future and funding; the growth of Disney+ and Netflix in the UK and Europe; and AI and creativity from Vivendi and Havas.

Content piracy has transformed over the last twelve months into a hyper-scale cyber threat making the risk to even the one-time consumer of pirated video real and increasing. By hijacking devices throughout the home using buried malware known as residential proxies, criminal and other threat actors use pirate content services largely as a key to unlock home networks for their illicit activities.

Over 50% of piracy apps and streaming devices are estimated to contain ResProxy malware, with recent samples tracking even higher.

ResProxy is effectively a runaway cyberweapon as threat actors compete to exploit a newly revealed “democratisation” capability to take over herds of devices. Consumers face grim prospects. Cyber disasters at scale, previously only imagined in Hollywood movies, could be next.

Broadcasters accept the need to ‘meet audiences where they are’ on video-sharing and social/entertainment platforms. In practice this means full episodes where they think viewing is likely incremental, as well as multi-format ‘fandom-building’ content strategies arranged around core IP.

Thriving on platforms requires playing by platform rules. There are sophisticated strategies emerging that straddle marketing and the monetisable distribution of new formats. 

For most, this activity remains fundamentally secondary and supplemental to core offerings. There are concerns around the ability to fund the kind of premium content broadcasters and traditional studios produce via digital platforms, without entirely reconfiguring what it is they do.

BT hit its FY26 guidance with a particularly strong Q4 financial performance, which was buoyed by a number of one-offs.

Operating metrics were far from spectacular, but the company is outperforming its peers in tough markets, and Openreach’s line losses are on a clear (if potentially bumpy) downwards trend as altnet growth wanes.

Improving cashflows will still take some years to translate into rapid growth in shareholder returns given a conservative dividend policy, but the path is looking increasingly secure.