“Is Sky facing a slow death? No,” says Claire Enders, the founder of Enders Analysis. “They have survived 13 years against the likes of Neftlix spending enormous amounts of money and it is not like their model has been unseated, it has just had to change.
“It has been an incredibly tough market, and there are more TV options than ever before, and Sky is investing very heavily in a number of strategies to reduce dependency on content now on streaming services.
“You can say they have been through the worst already and come out the other side, the business has stabilised and is being set up for the very long term.”