BT FY 2007/08 Q1 results: more clarity required on 21CN
Growth in revenue and EBITDA was adequate but a nasty surge in capex hit cash flow
Recent reports
DAZN buys Eleven Sports: Scaling up ahead of push into betting
27 September 2022- DAZN has agreed to buy Eleven Sports, adding two untapped European markets and expanding further into South East Asia in its bid for greater scale
- Team Whistle, Eleven’s short-form content production and distribution network, will provide new opportunities for marketing DAZN, especially to younger audiences
- Meanwhile, DAZN Bet has soft-launched in the UK—a small first step as it seeks additional monetisation methods for expensive broadcasting rights
Telco & media subscriptions: Under pressure in the cost-of-living crisis
26 September 2022The pandemic years boosted many businesses selling services on subscription in the UK: work-from-home gave people more time and money to widen the services they enjoyed in the home, such as gaming, entertainment and music, also boosting engagement with trusted news
The cost-of-living crisis dented the number of subscribers to OTT SVOD and news services in Q2 2022. Broadband and mobile are must-have; bundles of services (e.g. Sky’s pay-TV and broadband or mobile) are more resilient; yearly and multi-year contracts prevent churn relative to monthly contracts; and services that cater to passions (e.g. football) are always need-to-have
Subscription (or supporter) media and news services reaped the demand for trusted news through the pandemic, but now face a tough challenge to their toplines from the economic downturn—and also to transition to a sustainable business model for media audiences, while advertisers are also feeling the heat
UK Energy Crisis: Interdependence with Europe
12 September 2022Russia’s weaponisation of gas exports to the EU and resulting Continent-wide energy supply crisis also impacts the UK via rising prices on the wholesale market for this commodity
The UK’s imported gas supplies are mainly from the wellhead in Norway and look to be secure from interruption, despite higher demand from EU Member States
The UK is implementing a vast two-year subsidy programme worth c.£150 billion to cushion households and blunt the advance of recession