Latest / Best of Business / Perspective with Heather du Plessis-Allan: Sky's purchase of TV3 is good for everyone

Transcript

Perspective with Heather du Plessis-Allan: Sky's purchase of TV3 is good for everyone · Best of Business

• 0:09
  Speaker 1: You're listening to a podcast from newstalk st B. Follow
• 0:12
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• 0:16
  Speaker 2: Well, the big news of the day is another one
• 0:18
  Speaker 2: dollar deal in the media, which you know probably tells
• 0:21
  Speaker 2: you everything you need to know about the state of
• 0:22
  Speaker 2: the industry. But this is on balance. I would have
• 0:25
  Speaker 2: thought good news for everyone. It's good for you, for viewers,
• 0:29
  Speaker 2: good for Sky, good for Three. And I'm going to
• 0:31
  Speaker 2: work backwards on that. And let's start with TV three.
• 0:33
  Speaker 2: It's good news for three and for the people who
• 0:35
  Speaker 2: work there because three continues to exist. A very real
• 0:39
  Speaker 2: alternative must have been for Warner Brothers Discovery, the owners,
• 0:43
  Speaker 2: to shut three down completely. Now they've sold it for
• 0:46
  Speaker 2: a dollar to Sky, it continues. It's good news for
• 0:48
  Speaker 2: Sky because it gives Sky TV a chance to make
• 0:51
  Speaker 2: money again off stuff that they already own. So, for example,
• 0:55
  Speaker 2: let's just say White Lotus. And I'm just picking this randomly,
• 0:58
  Speaker 2: but let's just say White Loatus. Sky TV buys the
• 1:01
  Speaker 2: rights to White Lotus, the broadcast rights within the country. Right,
• 1:04
  Speaker 2: they earn the money off White Lotus by sticking it
• 1:07
  Speaker 2: on Sky TV, sticking it on Neon, and we pay
• 1:09
  Speaker 2: a subscription to watch it. Now, they can wait a
• 1:13
  Speaker 2: few months, maybe till all of us who've paid for
• 1:15
  Speaker 2: it have watched it, and then they can dump white
• 1:17
  Speaker 2: loadus for free on TV three and three now, which
• 1:20
  Speaker 2: is TV three's app, and then they can make money
• 1:22
  Speaker 2: off white loadus all over again through advertising around the
• 1:25
  Speaker 2: free content. Now. They can already do this with their
• 1:28
  Speaker 2: Sky Open channel, which is a free to air channel
• 1:31
  Speaker 2: they already have. But who even knows where on the
• 1:35
  Speaker 2: TV Sky openers. I have no bloody idea what number
• 1:37
  Speaker 2: it is, never even watched it before in my life,
• 1:40
  Speaker 2: and does it have an app? Wouldn't know. I know
• 1:42
  Speaker 2: everything you need to know about TV three. I've got
• 1:44
  Speaker 2: the TV three app. I know where to find it.
• 1:46
  Speaker 2: It's number three on the TV. There is a very
• 1:48
  Speaker 2: strong brand attached to three. More importantly, I would have
• 1:52
  Speaker 2: thought for TV For SkyTV, this strengthens its arm for
• 1:55
  Speaker 2: sports right. SkyTV has now got to be the only
• 1:59
  Speaker 2: real choice in town for sports content. Beforehand, at least domestically,
• 2:04
  Speaker 2: TV and SID was a real competitor, at least for
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  Speaker 2: the free to air portion. Given so many people watch
• 2:09
  Speaker 2: TV and Z both it's on air channels and it's app.
• 2:12
  Speaker 2: But now Sky TV's got three same, same. It doesn't
• 2:15
  Speaker 2: need anything to it doesn't need to have anything to
• 2:17
  Speaker 2: do with TV and Z. Finally, it's good for you
• 2:20
  Speaker 2: and me this deal that was struck today, because who
• 2:23
  Speaker 2: doesn't want excellent free content landing on an app that
• 2:27
  Speaker 2: you already have or a TV channel that you already watched.
• 2:30
  Speaker 2: So good day all round, I would.
• 2:32
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